11/17/10

> I have found 820's from banks to be nearly worthless, at best you get an 
> amount,
> date of deposit and "check number".  The 820 is supposed to tell you what 
> your
> customer is paying you for, should include things like invoice number, ASN
> number, part numbers, dates, quantities, etc.  Also, it should include any 
> debit
> or credits for discounts, chargebacks, etc.

That's interesting.

AFAIK (or can remember) all the 820's I've worked with have come directly 
from the "remitter"  and include all the relevant info..invoice number, 
date, invoice amount, amount paid, discounts taken, and often PO# ... 
however, I don't find part numbers and quantities are really relevant to 
posting cash receipts so we shall have to agree to disagree on the merits of 
inclusion thereof.

Also.... I've found remitters who do send the 820 A) are almost exclusively 
EFT payers and B) ALSO  utililize the 812 Credit/Debit Memo document  so 
that references to adjustments on the '820'  actually 'refer' to something.

Michael C. Mattias
Tal Systems Inc.
Racine WI
[email protected]





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