Code identifying type of payment terms.
Type
ID
Length
Max 2 / Min 2
Codes
<> 01
Basic
<> 02
End of Month (EOM)
<> 03
Fixed Date
<> 04
Deferred or Installment
<> 05
Discount Not Applicable
<> 06
Mixed
<> 07
Extended
<> 08
Basic Discount Offered
<> 09
Proximo
<> 10
Instant
<> 11
Elective
<> 12
10 Days After End of Month (10 EOM)
<> 13
Seller to advise buyer
<> 14
Previously agreed upon
<> 15
Special Proximo
<> 16
Prompt Payment Act
<> 17
Terms not Applicable
<> 18
Fixed Date, Late Payment Penalty Applies
<> 19
Liquidation
<> 20
Progress Payment
<> 21
Fast Pay
<> 22
Cash Discount Terms Apply
<> 23
Payment Due Upon Receipt of Invoice
<> 24
Anticipation
<> ZZ
Mutually Defined
