G23 Terms of Sale
To specify the terms of sale
Code identifying type of payment terms
If G2301 equals "04" (deferred or installment) then either G2313 or G2314 is required and the data in the segment pertains only to the portion of the invoice described in G2313 or G2314. If G2301 equals "11" (elective) then G2304 is required. If G2301 is not equal to "05"' (discount not applicable) then (G2305 or G2310) and (G2306 or G2307) is required. If G2301 equals "ZZ" (other) then G2315 is required. Multiple use of this segment when G2301 equals "04" (deferred or installment) always implies an "AND" relationship. When G2301 equals "06" (mixed) or "11" (elective) an "OR" relationship is always implied.
Code identifying the beginning of the terms period
Date from which payment terms are calculated expressed in format CCYYMMDD
Code identifying the method to be used for payment in conjunction with due date
Terms discount percentage, expressed as a percent, available to the purchaser if an invoice is paid on or before the Terms Discount Due Date
Date payment is due if discount is to be earned expressed in format CCYYMMDD
Number of days in the terms discount period by which payment is due if terms discount is earned
Date when total invoice amount becomes due expressed in format CCYYMMDD
R0809: At least one of G23-08 or G23-09 is required
Number of days until total invoice amount is due (discount not applicable)
Total amount of terms discount
G2310 is a memo figure requiring specific payment performance and therefore should not be negative.
Amount of invoice due if paid by terms discount due date (total invoice or installment amount less cash discount)
Amount upon which the terms discount amount is calculated
Deferred or installment portion of the total invoice (including charges, less allowances) before terms discount (if discount is applicable)
Amount of invoice payable expressed in percent
The installment group indicator is a 2-digit serial number beginning with 01 (i.e., 01, 02, 03 or 04); it is used to group "elective" terms types in an installment payment situation; the same indicator must be used for all segments in the same installment
When elective terms are offered in a deferred or installment situation, G2316 (Installment Group Indicator - DE 713) must be used to properly group the terms within each installment.