BT-20: Payment Terms & Discounts
Textual description of payment terms, discount rates, and settlement periods.
Technical Specification
Optional (0..1), recommended for cash discounts and terms
Semantic data format according to European Standard EN 16931-1
What does BT-20 mean?
BT-20 contains payment terms in descriptive text form, including cash discount clauses (e.g. 2% discount within 14 days). Standardized in EN 16931 to provide clear terms for the accounting team.
XML Syntax & Code Example
<cac:PaymentTerms>
<cbc:Note>Zahlbar innerhalb von 14 Tagen mit 2% Skonto oder 30 Tage netto.</cbc:Note>
</cac:PaymentTerms>Check BT-20 in your invoice
Use the XML paths above to locate BT-20. A snippet illustrates this field; it is not a complete invoice. After correcting a value in the source application, export and check the entire file again.
Official specifications and rule sets
Requirements depend on the invoice profile and version. Consult the matching specification for mandatory fields, code lists and rules; Peppol-specific requirements do not automatically apply to every ZUGFeRD invoice.
Related Business Terms (BTs)
Create compliant E-Invoices easily
Create XRechnung and ZUGFeRD invoices in Billance and check the exported file locally. Use this guide to understand BT-20 and review your invoice details before sending.