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RE: <MISC> Beware, Wal-Mart takes 1% off your TDS01
Richard,
I realize you are just trying to be helpful in this issue with Wal-Mart.
I am not a lawyer but I have been in enough trade association meetings
to know that it is a no to talk about anything to do with pricing in any
open forum with people in the same industry. I don't know who is all on
this listserv but my personal comment would be not to discuss these
issues on this listserv for possible antitrust reasons. It is just a
heads up on the issue. Sorry I didn't mean to be the grinch.
Regards,
David Frenkel
Business Development
GEFEG USA
Global Leader in Ecommerce Tools
www.gefeg.com
425-260-5030
-----Original Message-----
From: Richard Druckenmiller
[mailto:
Sent: Friday, December 20, 2002 2:02 PM
To:
Subject: [EDI-L] <MISC> Beware, Wal-Mart takes 1% off your TDS01
Beware, Wal-Mart takes 1% off your TDS01 when paying your invoice even
though you send an allowance in a SAC summary segment. Per standards
TDS01 is the total amount of invoice (including charges, less
allowances) before terms discount (if discount is applicable). In this
regard it is my understanding the TDS01 should be the sum of IT1 qtys.
multiplied by IT1 prices minus allowances in the SAC.
Wal-Mart does not pay off IT1 qtys. multiplied by IT1 prices minus SAC
allowances. They pay you 99% of what you send them in the TDS01.
A client of mine was billing Wal-Mart for the sales amount (IT1) minus a
1% discount (SAC) in TDS01. They have been sending IT1, SAC and TDS
(IT1-SAC) in the 810. i.e. Wal-Mart is trying to pay them 99% of 99% of
the true balance.
We have stopped sending the SAC on the 810 and adjusted the TDS01 to be
equal to the sum of IT1 qtys. multiplied by IT1 prices regardless of
discounts.
*Terms discount (ITD in the 850) is not the same as an allowance (SAC
in the 850, 810).
--
Richard Druckenmiller
IDT
http://www.idt-solutions.com/
Phone: 770-575-5720
Fax: 770-575-5721
Mobile: 770-313-3703
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