(ASC X12) 336 Terms Type Code
TYPE=ID MIN=2 MAX=2
Code identifying type of payment terms
Codes
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 |
19 | Liquidation |
20 | Progress Payment |
21 | Fast |
22 | Cash Discount Terms Apply |
23 | Payment Due Upon Receipt of Invoice |
24 | Anticipation |
25 | Cash Account |
26 | Cash on Advance |
27 | Cash on Arrival |
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 |
35 | Supplier Floor Plan |
36 | Contract Basis |
37 | Credit Controlled |
38 | Dating Given |
39 | Trade Acceptance |
40 | Bill to Bill |
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 |
CA | Cancellation Option |
CO | Consignment |
NC | No Charge |
PP | Prepayment |
ZZ | Mutually Defined |
Appears in
CS | Contract Summary |
G23 | Terms of Sale |
INC | Installment Information |
ITD | Terms of Sale/Deferred Terms of Sale |
MIC | Mortgage Insurance Coverage |
PYT | Historical Payment Terms |
R11 | Beginning Segment for Trailer or Container Repair Billing |
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