Documentation for Open Applications Group (OAGIS)
Definition Type: Element
Name: TransportationTerm
Namespace: http://www.openapplications.org/oagis
Type: oa:TransportationTerm
Containing Schema: Components.xsd
Abstract
Documentation:
When a seller ships something via common to a buyer in accordance with the Uniform Commerical Code and international legal agreements, you must specify a particular "phrase" that states who assumes the risk of shipment, who is responsible for loading and unloading the goods, where ownership or title to the goods passes, who paid or pays the carrirer, etc. Examples of these "phrases" include: - "FOB Origin Prepaid and Add" (Free On Board - no cost for loading, title passes at seller's dock, seller prepaid freight cost and delivery insurance, seller will freight costs to cost of goods) - "FOB Destination" or "FOB Destination Prepaid" (Free On Board - no cost for loading, title passes at buyer's dock, seller prepaid freight cost and delivery insurance) In software applications, this phrase is commonly split into two coded pieces, a "legal terms" risk and responsibility component for use with common carriers (FOB Destination) and some kind of qualifying component (Prepaid and Add).
Collapse XSD Schema Diagram:
Drilldown into UserArea in schema meta_xsd Drilldown into FreightTerms in schema components_xsd Drilldown into PlaceOfOwnershipTransfer in schema components_xsd Drilldown into TermCode in schema components_xsd Drilldown into TransportationTerm in schema components_xsdXSD Diagram of TransportationTerm in schema components_xsd (Open Applications Group (OAGIS))
Collapse XSD Schema Code: 
<xs:element name="TransportationTerm" type="TransportationTerm">
    <xs:annotation>
        <xs:documentation source="http://www.openapplications.org/oagis">When a seller ships something via common to a buyer in accordance with the Uniform Commerical Code and international legal agreements, you must specify a particular "phrase" that states who assumes the risk of shipment, who is responsible for loading and unloading the goods, where ownership or title to the goods passes, who paid or pays the carrirer, etc.

Examples of these "phrases" include:
- "FOB Origin Prepaid and Add" (Free On Board - no cost for loading, title passes at seller's dock, seller prepaid freight cost and delivery insurance, seller will freight costs to cost of goods)
- "FOB Destination" or "FOB Destination Prepaid" (Free On Board - no cost for loading, title passes at buyer's dock, seller prepaid freight cost and delivery insurance)

In software applications, this phrase is commonly split into two coded pieces, a "legal terms" risk and responsibility component for use with common carriers (FOB Destination) and some kind of qualifying component (Prepaid and Add).</xs:documentation>
    </xs:annotation>
</xs:element>
Collapse Child Elements:
Name Type Min Occurs Max Occurs
TermCode oa:TermCode (1) (1)
PlaceOfOwnershipTransfer oa:PlaceOfOwnershipTransfer 0 (1)
FreightTerms oa:FreightTerms 0 (1)
UserArea oa:UserArea 0 (1)
Collapse Derivation Tree:
Documentation for Open Applications Group (OAGIS)

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