PYT Payment terms
To specify the terms of payment.
Code qualifying the type of payment terms.
020Payment termsComposite (composite)Conditional1
Identification of the terms of payment between the parties to a transaction (generic term).
1 Recommend use UN/ECE Recommendation No. 17 Payterms.
Code identifying a user or association maintained code list.
1 The codes for this data element are provided by the code list responsible agency defined in data element 3055.
Code specifying the agency responsible for a code list.
Free form description of the conditions of payment between the parties to a transaction.
Code specifying a time that references an event that will or has occurred.
Code relating terms to a reference date, time or period.
Code specifying the type of period.
Count of the number of periods.