John_Dickey
Reputable Poster
Anyone using ANSI X12 820 CTX format for Electronic Payments and Remittance Advice processing (P04572T2)
Just curious to know if anyone is using the P04572T2 program (Accounts
Payable Payment Processing - CTX format) to electronically pay
suppliers. This format would allow you to send remittance advise
information electronically along with the payment. We have one supplier
(Grainger) that is asking us if we could do this kind of transmission.
Currently we pay via the ACH PPD format, and send the JDE remittance
advice via e-mail to the supplier. I can understand where suppliers
would be interested in electronic information that contains the payment
and remittance advice information, as it would be a lot easier to
automate their cash apply logic, so it would not surprise me to see more
suppliers asking about this. Though some may look to the EDI process to
try and do this as well, I am guessing. Just curious to know if anyone
is using this JDE program today and how well it has worked for them.
Thanks for your time and assistance.
John Dickey
Financial Systems Administrator
White-Rodgers, division of Emerson Electric
8100 West Florissant Ave.
P.O. Box 36922
St. Louis, MO 63136-9022
314-553-3067
[email protected]
Just curious to know if anyone is using the P04572T2 program (Accounts
Payable Payment Processing - CTX format) to electronically pay
suppliers. This format would allow you to send remittance advise
information electronically along with the payment. We have one supplier
(Grainger) that is asking us if we could do this kind of transmission.
Currently we pay via the ACH PPD format, and send the JDE remittance
advice via e-mail to the supplier. I can understand where suppliers
would be interested in electronic information that contains the payment
and remittance advice information, as it would be a lot easier to
automate their cash apply logic, so it would not surprise me to see more
suppliers asking about this. Though some may look to the EDI process to
try and do this as well, I am guessing. Just curious to know if anyone
is using this JDE program today and how well it has worked for them.
Thanks for your time and assistance.
John Dickey
Financial Systems Administrator
White-Rodgers, division of Emerson Electric
8100 West Florissant Ave.
P.O. Box 36922
St. Louis, MO 63136-9022
314-553-3067
[email protected]