HR-XML 3.0 Standards, 2009  September  23.

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Element: PaymentTerm

Name PaymentTerm
Type PaymentTermType
Documentation Identifies the payment term for an Order or Invoice. Supports the abiility to specify an absolute due date, a number of days from a start daye, a percent discount or an absolute discount. A common term like "Net30Days" is explicitly code as either a calculated DueDateTime or a PaymentTermsDateTime and NumberOfDays.
XML Instance Representation
<PaymentTerm

type=" PaymentTermCodeContentType [0..1]">

Model group reference (not shown): FreeFormTextGroup [0..1]
< Term> ... </ Term> [0..1]
< Discount> ... </ Discount> [0..*]
< Penalty> ... </ Penalty> [0..*]
< UserArea> ... </ UserArea> [0..1]
</PaymentTerm>
Schema Component Representation
<xsd:element name="PaymentTerm" type=" PaymentTermType"/>

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