cac:PaymentTerms

Element information

Content

• Sequence [1..1]
  1. cbc:ID [0..1]An identifier for this set of payment terms.
  2. cbc:PaymentMeansID [0..*]An identifier for a means of payment associated with these payment terms.
  3. cbc:PrepaidPaymentReferenceID [0..1]An identifier for a reference to a prepaid payment.
  4. cbc:Note [0..*]Free-form text conveying information that is not contained explicitly in other structures.
  5. cbc:ReferenceEventCode [0..1]A code signifying the event during which these terms are offered.
  6. cbc:SettlementDiscountPercent [0..1]The percentage for the settlement discount that is offered for payment under these payment terms.
  7. cbc:PenaltySurchargePercent [0..1]The penalty for payment after the settlement period, expressed as a percentage of the payment.
  8. cbc:PaymentPercent [0..1]The part of a payment, expressed as a percent, relevant for these payment terms.
  9. cbc:Amount [0..1]The monetary amount covered by these payment terms.
  10. cbc:SettlementDiscountAmount [0..1]The amount of a settlement discount offered for payment under these payment terms.
  11. cbc:PenaltyAmount [0..1]The monetary amount of the penalty for payment after the settlement period.
  12. cbc:PaymentTermsDetailsURI [0..1]The Uniform Resource Identifier (URI) of a document providing additional details regarding these payment terms.
  13. cbc:PaymentDueDate [0..1]The due date for these payment terms.
  14. cbc:InstallmentDueDate [0..1]The due date for an installment payment for these payment terms.
  15. cbc:InvoicingPartyReference [0..1]A reference to the payment terms used by the invoicing party. This may have been requested of the payer by the payee to accompany its remittance.
  16. cac:SettlementPeriod [0..1]The period during which settlement may occur.
  17. cac:PenaltyPeriod [0..1]The period during which penalties may apply.
  18. cac:ExchangeRate [0..1]The currency exchange rate for purposes of these payment terms.
  19. cac:ValidityPeriod [0..1]The period during which these payment terms are valid.

Attributes

None

Used in

• Type CreditNoteType (Element CreditNote)
• Type DebitNoteType (Element DebitNote)
• Type FreightInvoiceType (Element FreightInvoice)
• Type InvoiceType (Element Invoice)
• Type OrderChangeType (Element OrderChange)
• Type OrderResponseType (Element OrderResponse)
• Type OrderType (Element Order)
• Type ReminderType (Element Reminder)
• Type SelfBilledCreditNoteType (Element SelfBilledCreditNote)
• Type SelfBilledInvoiceType (Element SelfBilledInvoice)
• Type StatementType (Element Statement)
• Type cac:ConsignmentType (Elements cac:ChildConsignment, cac:Consignment, cac:ReferencedConsignment)
• Type cac:CreditNoteLineType (Elements cac:CreditNoteLine, cac:SubCreditNoteLine)
• Type cac:InvoiceLineType (Elements cac:InvoiceLine, cac:SubInvoiceLine)
• Type cac:OnAccountPaymentType (Elements cac:MainOnAccountPayment, cac:OnAccountPayment)
• Type cac:StatementLineType (Element cac:StatementLine)
• Type cac:TenderingTermsType (Element cac:TenderingTerms)
• Type cac:TransportExecutionTermsType (Element cac:TransportExecutionTerms)

Sample instance

<cac:PaymentTerms>
   <cbc:Note>Penalty percentage 10% from due date</cbc:Note>
</cac:PaymentTerms>