PaymentTerm

Identifies the Terms i.e. the time and number of payments and the amount or percentage of the payment.

Element information

Content

• Sequence [1..1]
  from type IdentificationType
  ID [0..*]    Is the Identifiers of the given instance of an entity within the scope of the integration. The schemeAgencyID attribute identifies the party that provided or knows this party by the given identifier.
  IDSet [0..*]    
  from type PaymentTermABIEType
  Description [0..*]    
  EffectiveDateTime [0..1]    This is the DateTime the associated object is made effective
  DueDateTime [0..1]    The date and time that the production order is to be completed.
  PaymentBasisCode [0..1]    The date and time when the payment terms go into effect. Used in conjunction with NumberOfDays
  Duration [0..1]    Indicates the duration of time as represented by ISO 8601. Where the value space is a six dimensional space where the coordinates designate the Gregorian year, month, day, hour, minute, and second. The number of seconds can include decimal digits to arbitary pecision.
  DiscountPercent [0..1]    Indicates a percentage of discount that is available against a price
  SurchargePercent [0..1]    The penalty rate (percentage) charged for late payment.
  Amount [0..1]    The monetary value of the object in which the amount is associated
  from type PaymentTermBaseType
  ProxMonth [0..1]    The number of months beyond the Billing Date in which payment is due.
  ProxDayOfMonth [0..1]    The daywithin the ProxMonth beyond the Billing Date in which payment is due.
  1. Extension [0..1]    Allows the user of OAGIS to extend the specification in order to provide additional information that is not captured in OAGIS.This is done by defining the additional information in XML Schema and referencing the new schema in the xml instance document through the use of namespaces. Once this is done the additional information defined there can be carried in the BOD XML instance document.The Open Applications Group will make best efforts to quickly consider all proposed submissions.The Extension is always the last element in all components, except where the component has been extended inline.

Attributes

Used in

• Type FinancingBaseType
• Type FinancingType via extension of FinancingBaseType (Element Financing)
• Type FreightInvoiceHeaderBaseType
• Type FreightInvoiceHeaderType via extension of FreightInvoiceHeaderBaseType (Element FreightInvoiceHeader)
• Type InvoiceHeaderBaseType
• Type InvoiceHeaderType via extension of InvoiceHeaderBaseType (Element InvoiceHeader)
• Type InvoiceLedgerEntryHeaderBaseType via extension of LedgerEntryHeaderBaseType
• Type InvoiceLedgerEntryHeaderType via extension of LedgerEntryHeaderBaseType (Element InvoiceLedgerEntryHeader)
• Type JournalEntryHeaderType via extension of LedgerEntryHeaderBaseType (Element JournalEntryHeader)
• Type LedgerEntryHeaderBaseType
• Type MatchDocumentHeaderBaseType
• Type MatchDocumentHeaderType via extension of MatchDocumentHeaderBaseType (Element MatchDocumentHeader)
• Type OrderHeaderBaseType via extension of ProcurementHeaderBaseType
• Type OrderLineBaseType via extension of ProcurementLineBaseType
• Type PayableHeaderBaseType via extension of LedgerEntryHeaderBaseType
• Type PayableHeaderType via extension of LedgerEntryHeaderBaseType (Element PayableHeader)
• Type PaymentBaseType
• Type PaymentType via extension of PaymentBaseType (Element Payment)
• Type ProcurementHeaderBaseType
• Type ProcurementLineBaseType
• Type PurchaseOrderHeaderBaseType via extension of ProcurementHeaderBaseType
• Type PurchaseOrderHeaderType via extension of ProcurementHeaderBaseType (Element PurchaseOrderHeader)
• Type PurchaseOrderLineBaseType via extension of ProcurementLineBaseType
• Type PurchaseOrderLineType via extension of ProcurementLineBaseType (Element PurchaseOrderLine)
• Type QuoteHeaderBaseType via extension of ProcurementHeaderBaseType
• Type QuoteHeaderType via extension of ProcurementHeaderBaseType (Element QuoteHeader)
• Type QuoteLineBaseType via extension of ProcurementLineBaseType
• Type QuoteLineType via extension of ProcurementLineBaseType (Element QuoteLine)
• Type RFQHeaderBaseType via extension of ProcurementHeaderBaseType
• Type RFQHeaderType via extension of ProcurementHeaderBaseType (Element RFQHeader)
• Type RFQLineBaseType via extension of ProcurementLineBaseType
• Type RFQLineType via extension of ProcurementLineBaseType (Element RFQLine)
• Type ReceivableHeaderBaseType via extension of LedgerEntryHeaderBaseType
• Type ReceivableHeaderType via extension of LedgerEntryHeaderBaseType (Element ReceivableHeader)
• Type SalesOrderHeaderBaseType via extension of ProcurementHeaderBaseType
• Type SalesOrderHeaderType via extension of ProcurementHeaderBaseType (Element SalesOrderHeader)
• Type SalesOrderLineBaseType via extension of ProcurementLineBaseType
• Type SalesOrderLineType via extension of ProcurementLineBaseType (Element SalesOrderLine)

Sample instance

<PaymentTerm>
   <ID/>
   <IDSet>
      <ID/>
   </IDSet>
   <Description/>
   <EffectiveDateTime></EffectiveDateTime>
   <DueDateTime></DueDateTime>
   <PaymentBasisCode>token</PaymentBasisCode>
   <Duration>P1Y2M3DT10H</Duration>
   <DiscountPercent>1.0</DiscountPercent>
   <SurchargePercent>1.0</SurchargePercent>
   <Amount/>
   <ProxMonth>1</ProxMonth>
   <ProxDayOfMonth>---31</ProxDayOfMonth>
   <Extension>
      <AnyExtension>
         <!--any element-->
      </AnyExtension>
      <Amount/>
      <Code/>
      <DateTime></DateTime>
      <ID/>
      <Indicator>true</Indicator>
      <Measure/>
      <Name/>
      <Number>1.0</Number>
      <Quantity/>
      <Text/>
      <Time></Time>
      <ValueText>string</ValueText>
   </Extension>
</PaymentTerm>