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PaymentTerms Describes payment terms for a financial transaction, used in an invoice. This is typically expressed as a responsibility of the acceptor or payor of an invoice.
Lvl | Type, Domain name and/or Mnemonic code | Concept ID | Mnemonic | Print Name | Definition/Description
--- | --- | --- | --- | --- | ---
1 | L: (COD) | C14913 | COD | Cash on Delivery | Payment in full for products and/or services is required as soon as the service is performed or goods delivered.
1 | L: (N30) | C14909 | N30 | Net 30 days | Payment in full for products and/or services is required 30 days from the time the service is performed or goods delivered.
1 | L: (N60) | C14910 | N60 | Net 60 days | Payment in full for products and/or services is required 60 days from the time the service is performed or goods delivered.
1 | L: (N90) | C14911 | N90 | Net 90 days | Payment in full for products and/or services is required 90 days from the time the service is performed or goods delivered.

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Last Published: 03/27/2006 3:35 AM

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