What is the Trade Credit Payment Dataset?

Quick answer

The Trade Credit Payment Dataset, or TCP Dataset, is the population of payments made under trade credit arrangements by the reporting entity and its controlled entities during the reporting period.

What does this mean?

The TCP Dataset is the foundation for preparing a Payment Times Report. It must capture the specified information for payments made under trade credit arrangements by the reporting entity and the entities it controls. The dataset is then refined through the required exclusions and classifications before supplier ABNs are assessed using the Small Business Identification Tool.

Practical point

Think of the TCP Dataset as the reportable payment population before the small-business filter is applied. Getting this population right matters because the later PTRS calculations depend on it.

Other ways people ask this

• What does TCP Dataset mean in PTRS?
• Which payments go into the Trade Credit Payment Dataset?
• Is the TCP Dataset the same as the final Payment Times Report?
• How do I build the payment population for PTRS?

Official sources

• Payment Times Reporting Guidance Materials
  Preparing the TCP Dataset
  Paragraphs: 127, 128, 129, 130, 131 · Page: 35-36
• Payment Times Reporting Guidance Materials
  Datasets: In practice
  Paragraphs: 170, 171, 172 · Page: 43
• Worked Example – Standard Payment Times Report
  Glossary
  Reference: TCP Dataset

Related guidance

• What is the Small Business Trade Credit Payment Dataset?
• What data do I need to prepare a Payment Times Report?
• What payments can be excluded from PTRS?
• How do I identify small business suppliers for PTRS?

Preparing a Payment Times Report?

Monochrome Compliance can help with the data preparation, validation, reconciliation and reporting process.

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