Terms Codes

The terms codes reproduced below are used in the Purchase Order and Invoice documents. Further information about the International Chamber of Commerce terms codes (Incoterms) may be found at

http://www.iccwbo.org/incoterms/id3040/index.html

Terms Code

Terms Percent

Terms Percent Days

Terms Days

Description (No Node)

P001

0

 

30D

NET 30 DAYS

P002

0

 

45D

NET 45

P003

0

 

60D

NET 60

P004

0

 

90D

NET 90

P005

0

 

0D

COD

P006

0

 

0D

PREPAID CHECK

P007

0

 

45D

CREDIT CARD

P008

0

 

10D

NET 10

P009

0

 

15D

NET 15

P010

0

 

20D

NET 20

P011

1

10D

30D

1% 10/NET 30

P012

2

10D

30D

2% 10/NET 30

P013

2

15D

30D

2% 15/NET 30

P014

2

20D

30D

2% 20/NET 30

P015

3

10D

30D

3% 10/NET 30

P016

3

21D

30D

3% 21/NET 30

P017

5

20D

30D

5% 20/NET 30

P018

3

30D

31D

3% 30/NET 31

P019

5

30D

31D

5% 30/NET 31

P020

10

30D

31D

10% 30/NET 31

P021

0

 

90D

3 EQUAL PAYMENTS

P022

2

27D

30D

2% 27/NET 30

P023

1

20D

30D

1% 20/NET 30

P024

1.5

20D

30D

1.5% 20/NET 30

P025

3

14D

30D

3% 14/NET 30

P026

2

30D

31D

2% 30/NET 31

P027

1

15D

30D

1% 15/NET 30

P028

1.2

30D

60D

1.2% 30/NET 60

P998

 

 

 

USE DISCOUNT AND DAYS NODES

P999

 

 

 

USE CUSTOMER DEFAULT