EDI 812: Debit/Credit Adjustment
At Effective Data, we offer a modern solution for securely sharing information within your business-to-business ecosystem. We understand the importance of providing a secure way to share financial information that remains accurate throughout the process.
The EDI 812 is a debit/credit adjustment business document that securely communicates costs between businesses for goods or services.
An EDI 812 document typically includes information, such as:
- Original transaction or PO number
- Amount of the adjustment
- Items being adjusted
- Reason for adjustment
Sharing financial information requires a secure method, accuracy, and timeliness. The EDI 812 document offers all of that, replacing the paper version, which is a credit or debit memo.
Data for the EDI 812 can either be manually entered into an EDI standard document or pulled from data integration through your in-house EDI system.
Once the data is entered into the EDI translator, it will begin the conversion process into an EDI document. This conversion process follows specific guidelines that will ensure security and accuracy for all created documents.
The EDI 812 is a critical document for both sellers and buyers of goods or services. For example, sellers typically send out an EDI 812 when notifying a customer about a pricing increase or decrease related to a previous order, such as an EDI 850 or 810.
Buyers use the EDI 812 to request an adjustment due to damaged, lost, or wrong items being delivered.
EDI 812 transactions are most commonly sent directly to the receiver, where the receiver of the EDI 812 decodes the EDI into a document that the recipient can use. The second way of sending the EDI 812 is to send it via a secure dial-up connection to a Value-Added Network (VAN) and then routed to the recipient.
Financial EDI Solutions
At Effective Data, we support all primary EDI communication methods while maintaining knowledge of changing industry standards and trends. We understand that the need for security when sending financial information between businesses.
We specialize in helping businesses securely automate financial transactions. Our services include:
- Cloud EDI
- Off-premise EDI
- On-premise EDI
- Hosted EDI
- EDI Assessment
- Strategy Consulting
- Process Automation
- VAN Services
- And More
We offer full-service, one-on-one support for all of your needs.
Contact Effective Data to learn more about our EDI solutions for the financial sector integration needs.