>I work for a manufacture and am sending invoices to our customers which can >have a terms of 4 equal payments (split terms). Has anyone run across this >type of situation and how did you solve it using the ITD segment. Would >this be a situation for the ITD(09) terms deferred due date and (10) >Deferred amount due? Since the ITD segment is defined as max use > 1, I >don't see a problem with having as many ITD's as are needed. > > Example: $100 invoice to be paid in payments of $25 due 9/16, 10/16, 11/16 > and 12/16. > > The mapping is an industry standard and any changes necessary can be > proposed and voted on. > > Thanks in advance. I feel good that this group will be able to come up > with a workable solution.
Sounds reasonable to me; and "sounds reasonable" is about all you can expect from anyone here . In Real Life, the ITD segment is rarely read and acted upon by the purchaser, the terms of payment being defined outside of electronic documents, eg in an electronic trading partner agreement (and/or associated Implementation Guide) or a blanket PO number. In my experience the recipient will record the vendor's invoice number and date, the amount subject to terms (if applicable) and the purchase order number and then just turn it over to their own A/P department, who will pay the invoice consistent with its own policies for paying that particular vendor. (Didn't we just have a question related to this last week? Someone wondering how to map an inbound ITD Segment? And IIRC that member said his company basically pays on its own terms anyway so I suggested he just ignore the due and discount dates in the ITD segment, since he wasn't going to use 'em anyway.) Your Mileage May Vary. Michael C. Mattias Tal Systems Inc. Racine WI [email protected] . ------------------------------------ ... Please use the following Message Identifiers as your subject prefix: <SALES>, <JOBS>, <LIST>, <TECH>, <MISC>, <EVENT>, <OFF-TOPIC> Job postings are welcome, but for job postings or requests for work: <JOBS> IS REQUIRED in the subject line as a prefix.Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/EDI-L/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/EDI-L/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
