SCHEMA

Element	Name	Min/Max
ITD01	Terms Type Code	2/2
ITD02	Terms Basis Date Code	1/2
ITD03	Terms Discount Percent	1/6
ITD04	Terms Discount Due Date	8/8
ITD05	Terms Discount Days Due	1/3
ITD06	Terms Net Due Date	8/8
ITD07	Terms Net Days	1/3
ITD08	Terms Discount Amount	1/10
ITD09	Terms Deferred Due Date	8/8
ITD10	Deferred Amount Due	1/10
ITD11	Percent of Invoice Payable	1/5
ITD12	Description	1/80
ITD13	Day of Month	1/2
ITD14	Payment Method Type Code	1/2
ITD15	Percentage as Decimal	1/10

ITD01 - Terms of Sale/Deferred Terms of Sale

TYPE=ID MIN=2 MAX=2

Code identifying type of payment terms

Code	Description
01	Basic
02	End of Month (EOM)
03	Fixed Date
04	Deferred or Installment
05	Discount Not Applicable
06	Mixed
07	Extended
08	Basic Discount Offered
09	Proximo
10	Instant
11	Elective
12	10 Days After End of Month (10 EOM)
13	Seller to advise buyer
14	Previously agreed upon
15	Special Proximo
16	Prompt Payment Act
17	Terms not Applicable
18	Fixed Date, Late Payment Penalty Applies
	Sales terms specifying a past due date, and a late payment percentage penalty applies to unpaid balances past this due date
19	Liquidation
	Term at which the progress will be liquidated before the final payment is made to the contractor
20	Progress Payment
	Term at which progress payments are authorized by the terms of the contract
21	Fast Pay
	Code indicating that an invoice is subject to accelerated payment
22	Cash Discount Terms Apply
	Contract terms specify that a cash discount is applicable
23	Payment Due Upon Receipt of Invoice
24	Anticipation
	A discount allowance given when an invoice is paid before its due date (anticipation = (agreed rate/365) x invoice amount x number of days early)
25	Cash Account
26	Cash on Advance
27	Cash on Arrival
	Open account of short duration (usually 10 days)
28	Cash per Vendor Request
29	Cash by State Law
30	Cash with Order
31	Cash on Delivery (COD)
32	Lease Agreement
33	Net Month Following Invoice (MFI)
34	Sell by Note
	Credit instrument in which debtor promises to pay a definite sum of money on demand or at a definite time in the future, at a stated place
35	Supplier Floor Plan
	Type of financing used often by auto and furniture dealers where merchandise is owned by financing institution
36	Contract Basis
	Terms are based on contract with vendor
37	Credit Controlled
	Terms are monitored by creditor
38	Dating Given
	In industries where principal sales may occur in one season, suppliers may extend seasonal dating (usually due after main selling season)
39	Trade Acceptance
	Special from of draft that arises out a merchandise transaction; it is a written acknowledgment of the sale of goods and promise to pay at a definite date and place
40	Bill to Bill
	Term indicating payment for one bill must be paid prior to the next
41	Letter of Credit
42	Lump Sum
43	Fixed Fee
44	Cost Plus
45	Bank Transfer
46	Basic Commission Terms
47	Bill of Exchange
48	Cash Against Documents
49	Certified Check
50	Discount with Advance Payment
52	Discount with Prompt Pay
54	Installment Payments are Due Annually
55	Installment Payments are Due Semi-annually
56	Installment Payments are Due Monthly
57	Installment Payments are Due Quarterly
58	Irrevocable Letters of Credit
61	Payment Order Through Bank
63	Promissory Notes
64	Secured Account
65	Letters of Credit at Sight
	Bank accepts Letter of Credit and makes funds immediately available
67	Deposit Required
68	Documents against Acceptance
	When an importer accepts liability for imported goods, shipping documents can be released; actual payment is based on terms on draft which is signed when documents are picked up
70	Documents against Payment
	Documents are released upon payment
71	Inter-company Account
	Used to signify that the vendor and customer are affiliated companies
72	Unknown
73	Partial Advance
	Partial Payment is required to be paid in advance
74	Payment Upon Completion
75	United States Funds Required
76	Usance Bill
	Type of Letter of Credit for which a percentage is paid up front
77	Progressive Discount
	Discount varies based on monetary amount of order and/or speed in which payments are made
CA	Cancellation Option
CO	Consignment
CT	Commercial Item Finance
NC	No Charge
PP	Prepayment
RO	Redemption Options
ZZ	Mutually Defined

ITD02 - Terms Basis Date Code

TYPE=ID MIN=1 MAX=2

Code identifying the beginning of the terms period

Code	Description
1	Ship Date
2	Delivery Date
3	Invoice Date
4	Specified Date
5	Invoice Receipt Date
6	Anticipated Delivery Date
7	Effective Date
8	Invoice Transmission Date
09	Purchase Order Date
10	Invoice Verification Date
11	Completion And Acceptance Date
12	Approval of Sample Date
13	Approval of Gage Date
14	Quality Approval Date
15	Receipt of Goods
16	Quarter Start Date
ZZ	Mutually Defined

ITD03 - Terms Discount Percent

TYPE=R MIN=1 MAX=6

Terms discount percentage, expressed as a percent, available to the purchaser if an invoice is paid on or before the Terms Discount Due Date

ITD04 - Terms Discount Due Date

TYPE=DT MIN=8 MAX=8

Date payment is due if discount is to be earned expressed in format CCYYMMDD where CC represents the first two digits of the calendar year

ITD05 - Terms Discount Days Due

TYPE=N0 MIN=1 MAX=3

Number of days in the terms discount period by which payment is due if terms discount is earned

ITD06 - Terms Net Due Date

TYPE=DT MIN=8 MAX=8

Date when total invoice amount becomes due expressed in format CCYYMMDD where CC represents the first two digits of the calendar year

ITD07 - Terms Net Days

TYPE=N0 MIN=1 MAX=3

Number of days until total invoice amount is due (discount not applicable)

ITD08 - Terms Discount Amount

TYPE=N2 MIN=1 MAX=10

Total amount of terms discount

ITD09 - Terms Deferred Due Date

TYPE=DT MIN=8 MAX=8

Date deferred payment or percent of invoice payable is due expressed in format CCYYMMDD where CC represents the first two digits of the calendar year

ITD10 - Deferred Amount Due

TYPE=N2 MIN=1 MAX=10

Deferred amount due for payment

ITD11 - Percent of Invoice Payable

TYPE=R MIN=1 MAX=5

Amount of invoice payable expressed in percent

ITD12 - Description

TYPE=AN MIN=1 MAX=80

A free-form description to clarify the related data elements and their content

ITD13 - Day of Month

TYPE=N0 MIN=1 MAX=2

The numeric value of the day of the month between 1 and the maximum day of the month being referenced

ITD14 - Payment Method Type Code

TYPE=ID MIN=1 MAX=2

Code identifying type of payment procedures

Code	Description
1	Graduated
2	Income Sensitive
3	Income Contingent
4	Level (Sum Constant)
8	Credit Account
A	Private Netting Agreement, Pay by Wire Transfer
B	Compensation by Balance
C	Pay By Check
D	Debited
E	Electronic Payment System
F	Freight Payment Bank
G	CCD (NACHA Cash Concentration/Disbursement - Funds Transacted without Remittance Information)
H	CCD+(NACHA Cash Concentration/Disbursement - Funds Transacted Plus an 80 Record Remittance Detail)
I	Invoiced Separately
J	CTX (NACHA Corporate Trade Exchange - Transaction Plus Remittance Detail in ANSI Standard Flexible Format)
K	Private Netting, Pay by Check
L	Letter of Credit
M	Deduction from Film Rental
N	Billing Account
	The account or summary account that represents a customer's net compensation position with the bank for the relationship within this transaction set
O	CTP (NACHA Corporate Trade Payment - Transaction Plus Remittance Detail in Fixed Format)
P	Previously Charged
	Service charged outside of analysis; provided for completeness of bank information
Q	Petroleum Clearinghouse Bank
R	Related Detail Account
	Individual account that provides supporting data for a billing or summary amount
S	Summary Account
	Summary of account level detail for information, pricing or balance netting
T	Wire Transfer
U	Direct Pay to Others
V	Lock Box
W	Waived
X	In Kind Payment
Y	Credit
AA	Bank Draft
AB	Cash
AC	Credit Card
AD	Direct Deposit
AE	Money Order
AF	Special Account
AG	Travelers Check

ITD15 - Percentage as Decimal

TYPE=R MIN=1 MAX=10

Percentage expressed as a decimal (e.g., 0.0 through 1.0 represents 0% through 100%)

Comments

Syntax Notes
03	L03040513 - If ITD03 is present, then at least one of ITD04, ITD05 or ITD13 is required.
08	L08040513 - If ITD08 is present, then at least one of ITD04, ITD05 or ITD13 is required.
09	L091011 - If ITD09 is present, then at least one of ITD10 or ITD11 is required.
Semantic Notes
15	ITD15 is the percentage applied to a base amount used to determine a late payment charge.
Comments
01	If the code in ITD01 is "04", then ITD07 or ITD09 is required and either ITD10 or ITD11 is required; if the code in ITD01 is "05", then ITD06 or ITD07 is required.

rev 11/12/24