ITD-X12

The coded payment terms of the X12 810.

Definition

ITD uses ITD01 (Terms Type Code, "NET" = net, "01" = basic, "02" = end-of-month), ITD02 (Terms Basis Date Code, "1" = invoice date, "2" = delivery date), ITD03 (Discount Percent, e.g. 2.0 for 2/10 net 30), ITD05 (Due Days), ITD07 (Net Due Days). Classic example "2/10 net 30": 2 % discount within 10 days, full payment in 30 days.

Origin

Defined by ASC X12.

Example in context

ITD*01*3*2.0*20260524*10*20260613*30~ (2/10 net 30)

Related terms

• IT1 — 810 line segment.