Uses the Component:PaymentScheduleType
Represents the schedule of payments to be made.
Table 6.76. Fields and Components
| Name | Description | Occurrence | Type | Data Type | User Notes |
|---|---|---|---|---|---|
| NumberOfPaymentsNumeric |
Indicates the number of payments. | 1..1 | Field | udt:NumericType | |
| PaymentAmount |
Scheduled payment amount as dictated by the payment schedule. | 1..1 | Field | udt:AmountType | |
| PayTermsString |
The day the payment is due (e.g., the 15th of every month). | 0..1 | Field | qdt:StringType | |
| TimeBetweenPaymentsNumeric |
The TimeBetweenPayments component is used to communicate the time between scheduled payments. | 0..* | Field | udt:NumericType | |
| ScheduleStartDate |
Date when the first payment of the payment schedule is due. | 0..1 | Field | udt:DateType | |
| FinalAmount |
Anticipated amount of the final payment of the payment schedule. | 0..1 | Field | udt:AmountType | |
| DeferredDownPaymentIndicator |
Indicates that this payment schedule is a deferred down payment collected by the finance source (i.e. in-settlement). | 0..1 | Field | udt:IndicatorType | |
| BasePaymentAmount |
Monthly payment that includes depreciation and rent charge but excludes other taxes or fees. | 0..1 | Field | udt:AmountType | |
| AmortizationPeriodMeasure |
The amount of time based on a current contract payment and loan amount it would take the loan to amortize over. | 0..1 | Field | sqdt:PeriodMeasureType | |
| TaxableBaseMonthlyPaymentAmount |
Amount of lease base monthly payment subject to tax. | 0..1 | Field | udt:AmountType | |
| OriginalCalculatedPaymentAmount |
Payment amount that may print on the contract but not match the true payment schedule | 0..1 | Field | udt:AmountType |
The XML Sample provided here is an approximation of the generated XML for this component. Not all of the fields are required for implementation.
Example 6.76. PaymentSchedule
<PaymentSchedule>
<NumberOfPaymentsNumeric>......</NumberOfPaymentsNumeric> [1..1]
<PaymentAmount>......</PaymentAmount> [1..1]
<PayTermsString>......</PayTermsString> [0..1]
<TimeBetweenPaymentsNumeric>......</TimeBetweenPaymentsNumeric> [0..*]
<ScheduleStartDate>......</ScheduleStartDate> [0..1]
<FinalAmount>......</FinalAmount> [0..1]
<DeferredDownPaymentIndicator>......</DeferredDownPaymentIndicator> [0..1]
<BasePaymentAmount>......</BasePaymentAmount> [0..1]
<AmortizationPeriodMeasure>......</AmortizationPeriodMeasure> [0..1]
<TaxableBaseMonthlyPaymentAmount>......</TaxableBaseMonthlyPaymentAmount> [0..1]
<OriginalCalculatedPaymentAmount>......</OriginalCalculatedPaymentAmount> [0..1]
</PaymentSchedule>