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Re: Handling of 820 without EFT payment

From: Randy Wilson <RANDYW@...>
Date: Fri Feb 6, 2004  12:45 pm
Subject: Re: [EDI-L] Handling of 820 without EFT payment
> I'm very
> surprised that they are sending the 820 AND a paper cheque.
>
I have seen this from grocery distributors...

Just think of how much money could be tied up in the mail. Lets say it
take an average of 10 days for checks to be cashed that are mailed
out. Every day this company mails out $100,000 in checks. That is
one cool mil just sitting there?

Randy... Creative accounting 8-)





 
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