The 820 document is an electronic version of a check stub. This document details the breakdown of the payment received. It includes invoice numbers, purchase orders number, amount paid, discounts taken, and reason codes for the discounts or chargebacks.
When integrated with MAPADOC, these payments will be applied to each included invoice to your cash receipts entries. The setups for the 820 allow you to choose the default Charge back and error GL accounts for each trading partner.
Several major retailers, including Sears, Home Depot and Lowe’s, use this document. If you are currently receiving the 820 and would like more information on how the integration works, or to get pricing for the 820 Payment Order Remittance Advice, please contact Gary Berman at 973-758-6104 or by e-mail.