I use inbound 820 & 823 documents to automate the posting of cash receipts into our backend application system.
Inbound 820 = EFT deposits automatically received into your bank account(s) via your customer's ACH payments Inbound 823 = Lockbox deposits of hardcopy checks which your banking institute receives/posts into your account(s) You can choose to have your bank provide this data to you in a couple different electronic ways; enabling you to then post directly into your backend application system. 1/ have your bank convert both types of cash receipts into a BAI2 formatted file and forward that to you for posting or 2/ have your bank provide X12 820 and 823 files which you will then convert into BAI2 or format of your choosing in order to auto-post into your application system - your bank forwards the EFT (X12 820) file which they received from your customer's banking institution - your bank builds a Lockbox (X12 823) file from the hardcopy checks received into the physical PO Box (lockbox) I prefer option 2 as that gives me control of the mapping options; allowing data retrieval from multiple segments if necessary - especially in the case of the EFT X12 820 files. Respectfully, Mardele M. Jackson SAP/EDI In House Consultant INVISTA S.à r.l. Charlotte, NC 28217 phone: (704) 586-7530 fax: (704) 586-7556 [email protected] <mailto:[email protected]> [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> 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: [email protected] [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/
