336 Terms Type Code

Code identifying type of payment terms.

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Type
Identifier (ID)
Length
Min 2 / Max 2
Codes
CodeDescription
01Basic
02End of Month (EOM)
03Fixed Date
04Deferred or Installment
05Discount Not Applicable
06Mixed
07Extended
08Basic Discount Offered
09Proximo
10Instant
11Elective
1210 Days After End of Month (10 EOM)
13Seller to advise buyer
14Previously agreed upon
15Special Proximo
16Prompt Payment Act
17Terms not Applicable
ZZMutually Defined
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