There are two kinds of 820s. First of all, if it's your customer, aren't they sending YOU the 820? An 820 is advice of a deposit (and remittances) received.
We receive two different kinds of 820s, CTX and CCD+. I always forget which one is which, but one is from our bank and consists of deposit advice and remittance advice together in the same file. We call that "data and dollars together." We also have customers who send us the 820 remittance advice directly and for them we receive a separate 820 from our bank with the deposit advice, and we call these "data and dollars separate." Bottom line is that we always receive the deposit advice from our bank, and remittance advice either from our customer or from our bank depending on how they want to set things up. Hope this is helpful. > -----Original Message----- > From: [email protected] [mailto:[EMAIL PROTECTED] Behalf Of > Gina Coomer > Sent: Tuesday, June 14, 2005 2:25 PM > To: EDI-L Mailing List > Subject: [EDI-L] Purpose of the 820 > > > Hello Group > I'm gettlng a little confused about the purpose of an 820. > Our customer is currently sending ACH transactions to the > bank directly. > Would the 820 transaction replace this? > If so, should we now send the 820 to the bank or the trading partner? > With ACH the money gets transferred to the bank. > How would an 820 accomplish this if we are sending it to our supplier? > Any insight is appreciated. > > Gina Ann Coomer > Smith Heating Supplies > > > > . > Please use the following Message Identifiers as your subject > prefix: <SALES>, <JOBS>, <LIST>, <TECH>, <MISC>, <EVENT>, <OFF-TOPIC> > Access the list online at: http://groups.yahoo.com/group/EDI-L > > Yahoo! Groups Links > > > > > > > [Non-text portions of this message have been removed] . Please use the following Message Identifiers as your subject prefix: <SALES>, <JOBS>, <LIST>, <TECH>, <MISC>, <EVENT>, <OFF-TOPIC> Access the list online at: http://groups.yahoo.com/group/EDI-L Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/EDI-L/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
