| Pos: 130 | Max: >1 |
| Heading - Optional | |
| Loop: N/A | Elements: 6 |
| ITD | |||||||||
| Terms of Sale/Deferred Terms of Sale | . |
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To specify terms of sale
Element Summary:
| _Ref_ | Id | _________Element Name__________ | Req | Type | Min/Max | ___Usage___ | ||||
| ITD02 | 333 | Terms Basis Date Code | O | ID | 1/2 | Used | ||||
| Description: Code identifying the beginning of the terms period | ||||||||||
| Code | Name_______________________________ | |||||||||
| 3 | Invoice Date | |||||||||
| ITD03 | 338 | Terms Discount Percent | O | R | 1/6 | Used | ||||
| Description: Terms discount percentage, expressed as a percent, available to the purchaser if an invoice is paid on or before the Terms Discount Due Date | ||||||||||
| I/C Note : Include decimal point if not a whole number, e.g., 1.5% is sent as "1.5" and 1% is sent as "1". | ||||||||||
| ITD04 | 370 | Terms Discount Due Date | C | DT | 8/8 | Used | ||||
| Description: Date payment is due if discount is to be earned expressed in format CCYYMMDD | ||||||||||
| ITD05 | 351 | Terms Discount Days Due | C | N0 | 1/3 | Used | ||||
| Description: Number of days in the terms discount period by which payment is due if terms discount is earned | ||||||||||
| ITD06 | 446 | Terms Net Due Date | O | DT | 8/8 | Used | ||||
| Description: Date when total invoice amount becomes due expressed in format CCYYMMDD | ||||||||||
| ITD07 | 386 | Terms Net Days | O | N0 | 1/3 | Used | ||||
| Description: Number of days until total invoice amount is due (discount not applicable) | ||||||||||
Syntax:
L03040513 -- If ITD03 is present, then at least one of ITD04, ITD05 or ITD13 is required.
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Example: ITD**3*1**10**30~ |
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I/C Note: Typically this segment is not used, but may be necessary to reflect variances in terms of payment. In the transitional period for the I/C sector, from paper to full automated EDI transactions, there may be a perceived need to send text data with the terms. Clearly the goal is to have the entire I/C sector participating in EDI. Therefore, if text data is needed to be sent for terms, ITD12 will contain the free form text. If additional text is needed, additional ITD segments will be used. Many times deferred terms are specified on the purchase order with only the knowledge the terms are to be based on a date value which is not known, e.g., invoice or delivery date. What is known is the percentage or dollar amount of each deferred installment, and the number of days after the date the terms are based on, that each installment will be due. In these cases, ITD01 will contain code 04, indicating deferred or installment terms and ITD02 will contain the appropriate terms basis date code (most typically code 3 for Invoice Date). ITD07 will contain the number of days after the term basis date that this installment is due. Either ITD04 or ITD05 may be used, but not both. Either ITD06 or ITD07 may be used, but not both. |
| Transaction Set |