Table of contents
Overview
The EDI ANSI X12 820 – Remittance transaction is used by buyers to notify suppliers of a payment made and to provide detailed information on how the payment should be applied to outstanding invoices. It supports payment reconciliation, reduces manual effort, and ensures transparency between trading partners.
With TraceLink’s Opus Platform and B2N Integrate-Once™ architecture, the EDI 820 transaction enables real-time, automated remittance communication—improving cash application accuracy, reducing disputes, and accelerating the financial close process across global supply chains.
Key Use Cases
- Notify suppliers of payment details related to one or more invoices.
- Communicate deductions, discounts, or adjustments applied to the payment.
- Support automated cash application and accounts receivable reconciliation.
- Provide structured remittance data for ACH, wire, or check payments.
- Reduce manual reconciliation and follow-up between finance teams.
- Enhance financial transparency and trust between buyers and suppliers.
Data Elements Included
An EDI ANSI X12 820 – Remittance transaction includes:
- Payment Reference Number: Identifier for the payment or transaction.
- Payer and Payee Information: Legal names, addresses, and bank account details.
- Invoice Numbers and Amounts: List of invoices being paid, with corresponding amounts.
- Payment Amount: Total amount paid, including currency and payment method.
- Adjustments or Deductions: Short payments, discounts, or chargebacks applied.
- Payment Date: When the payment was issued.
- Banking Information (optional): For ACH or wire payments.
- Remittance Notes: Free-text comments or additional payment instructions.
Benefits of EDI ANSI X12 820 – Remittance
- Accelerates cash application by providing structured remittance details.
- Reduces manual reconciliation between invoices and payments.
- Improves financial accuracy and reduces payment disputes.
- Enhances visibility into payment status across finance and supply chain teams.
- Supports compliance and audit readiness with a digital record of remittance activity.
How TraceLink Supports EDI ANSI X12 820 – Remittance
TraceLink’s Opus Platform, powered by B2N Integrate-Once™, enables secure, real-time payment communication and reconciliation by:
- Integrating with ERP, AP, and AR systems to automate remittance processing.
- Capturing and distributing remittance data across finance, billing, and order teams.
- Providing dashboards and alerts to monitor payment status and exceptions.
- Ensuring secure, auditable transmission of financial and banking data.
- Enabling global financial collaboration through a single connection to all trading partners.
Explore More EDI ANSI X12 Capabilities
- EDI ANSI X12 810 – Invoices: Streamline billing and reduce disputes with electronic invoicing.
- EDI ANSI X12 850 – Purchase Orders: Automate order placement and reduce procurement errors.
- EDI ANSI X12 855 – Purchase Order Acknowledgement: Confirm order receipt and status.
- EDI ANSI X12 856 – Advance Ship Notice: Provide shipment and packaging details before delivery.
- EDI ANSI X12 812 – Credit/Debit Adjustment: Automate resolution of invoice discrepancies.
Need Help Implementing EDI ANSI X12?
Contact Us to learn how our Opus Platform and B2N Integrate-Once™ model can help you automate payment reconciliation, reduce financial friction, and improve cash flow visibility across your global trading network.
