INC Installment Information
INC Installment Information
To specify installment billing arrangement
Position
Element
Name
Type
Requirement
Min
Max
Repeat
INC-01
Terms Type Code
Identifier (ID)
Mandatory
2
2
-
Code identifying type of payment terms.
INC-02
Unit or Basis for Measurement Code
Identifier (ID)
Mandatory
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
INC02 is the installment period (e.g., months).
INC-03
Quantity
Decimal number (R)
Mandatory
1
15
-
Numeric value of quantity.
INC03 is the total number of installments.
INC-04
Quantity
Decimal number (R)
Mandatory
1
15
-
Numeric value of quantity.
INC04 is the number of the current installment.
INC-05
Monetary Amount
Decimal number (R)
Optional
1
15
-
Monetary amount.
INC05 is the installment balance after the current installment is applied.