This topic describes how to use the Payment Terms Group (Invoice/PaymentTerms) element to model general payment terms.

You can also use this element to model discounts. This is explained in the Poland KSF: Payment Terms Discount (FA3) topic.

Elements

Use the following sub-elements of the PaymentTerms element to model this information:

Name (Path)	Cardinality	Description
Payment Terms Group (`Invoice/PaymentTerms`)	0..n	Groups information about the terms of payment.
Payment Terms (`Invoice/PaymentTerms/Note`)	0..1	A textual description of the payment terms that apply to the amount due for payment (including a description of possible penalties).
Terms Installment Due Date (`Invoice/PaymentTerms/SettlementPeriod/InstallmentDueDate`)	0..1	The date any installment is due.
Settlement Period Duration (`Invoice/PaymentTerms/SettlementPeriod/DurationMeasure`)	0..1	The length of the period for which the payment is due.
Settlement Period Duration - Unit of Measure (`Invoice/PaymentTerms/SettlementPeriod/DurationMeasure [@unitCode='D']`)	0..1	Use this attribute to specify the units of the period, for example, use `D` for days.
Settlement Period Duration Description (`Invoice/PaymentTerms/SettlementPeriod/Description`)	0..1	An element containing a description of the period or an indication on when the period starts.

Examples

General Payment Terms with Installment Due Date

<ubl:Invoice>
    <!-- Code omitted for clarity -->
    <cac:PaymentTerms>
        <cbc:Note>Until 09.10.2024 without discount</cbc:Note>
        <cbc:InstallmentDueDate>2024-10-09</cbc:InstallmentDueDate>
    </cac:PaymentTerms>
    <!-- Code omitted for clarity -->
</ubl:Invoice>

General Payment Terms with Settlement Period Duration

<ubl:Invoice>
    <!-- Code omitted for clarity -->
    <cac:PaymentTerms>
        <cac:SettlementPeriod>
            <cbc:DurationMeasure unitCode="D">30</cbc:DurationMeasure>
            <cbc:Description>Invoice Date</cbc:Description>
        </cac:SettlementPeriod>
    </cac:PaymentTerms>
    <!-- Code omitted for clarity -->
</ubl:Invoice>