Uses the Component:TermsDetailType
The Terms component represents the payment terms as specified by the supplier in a program interpretable way. Such information can tie to the accounting package of a DMS.
Table 6.34. Fields and Components
| Name | Description | Occurrence | Type | Data Type | User Notes | 
|---|---|---|---|---|---|
| TermsStartDate | The start date for the payment term of the record. | 1..1 | Field | udt:DateType | |
| TermsDueDate | The due date for the payment term of this record. | 1..1 | Field | udt:DateType | |
| TermsDiscountPercentage | The amount of discount to the total amount of the order muliplied by the MinimumPaymentPercent. This could be 0. An example of a percentage value shown in decimal form would be 56.5% which would be 0.565 in decimal form. | 1..1 | Field | udt:PercentType | |
| MinimumPaymentPercent | The minimum percentage of payment for this Terms record. An example of a percentage value shown in decimal form would be 56.5% which would be 0.565 in decimal form. | 1..1 | Field | udt:PercentType | 
The XML Sample provided here is an approximation of the generated XML for this component. Not all of the fields are required for implementation.
Example 6.34. TermsDetail
<TermsDetail>
     <TermsStartDate>......</TermsStartDate>     [1..1]
     <TermsDueDate>......</TermsDueDate>     [1..1]
     <TermsDiscountPercentage>......</TermsDiscountPercentage>     [1..1]
     <MinimumPaymentPercent>......</MinimumPaymentPercent>     [1..1]
</TermsDetail>