I'm looking for information from those of you who are familiar with processing the (inbound) 820 payment/remittance transaction. Specifically, I'm looking for advice on how the 820 should (or should not) be used in processing payments reversals.
Here's the scenario - We receive the 820 (through our bank) from multiple sources which include various payment processing centers. At times these processing centers need to remit a reversal or adjustment to a previous payment for various reasons (usually an ACH rejection). Currently we handle this by interpreting pre-established codes within the RMR 03 (Payment action code) and deciding whether or not the amount in the RMR04 should be credited, reversed, or adjusted to the customer account. Now, they would like to have the actual ACH return code to be included along with the reversal information. Is this an accepted practice to pick and choose a segment (REF?) to place this information? Does anyone out there have experience implementing this type of processing on the 820? Thanks in advance for your responses... Colleen Colleen Dickey IT Enterprise Systems Integration Electronic Data Interchange (503) 813-6475 ------------------------------------------------------------------------------ This email is confidential and may be legally privileged. It is intended solely for the addressee. Access to this email by anyone else, unless expressly approved by the sender or an authorized addressee, is unauthorized. If you are not the intended recipient, any disclosure, copying, distribution or any action omitted or taken in reliance on it, is prohibited and may be unlawful. If you believe that you have received this email in error, please contact the sender, delete this e-mail and destroy all copies. ============================================================================== [Non-text portions of this message have been removed] ------------------------ Yahoo! Groups Sponsor --------------------~--> See what's inside the new Yahoo! Groups email. http://us.click.yahoo.com/0It09A/bOaOAA/yQLSAA/OIFolB/TM --------------------------------------------------------------------~-> ... Please use the following Message Identifiers as your subject prefix: <SALES>, <JOBS>, <LIST>, <TECH>, <MISC>, <EVENT>, <OFF-TOPIC> Job postings are welcome, but for job postings or requests for work: <JOBS> IS REQUIRED in the subject line as a prefix. Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/EDI-L/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/EDI-L/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> 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/
