I agree 100 % with Rachel. It is very important to have an end to end audit
trail in business transactions. It's a good check and balance and will
save you a lot of headaches especially if there are interests and penalties
that could be attached to the transactions.
My two cents worth coming from a former auditor.
Benita Delfin
> [Original Message]
> From: Rachel Foerster <[EMAIL PROTECTED]>
> To: <[EMAIL PROTECTED]>
> Date: 7/10/2000 6:11:20 PM
> Subject: Re: A 997 response for an 824 Application Advice
>
> Debbie,
>
> In my opinion the 997 is NEVER redundant. I recommend to all of my clients
> that they establish a business policy requiring a 997 for all transmitted
> interchanges, with detail down to the element level and that they always
> return a 997 to all trading partners. This is the only and best way to
get a
> complete end-to-end audit trail.
>
> Re your assumption that you'll not be liable for paying an invoice you
deem
> in error and for which you return an 824 to the originator....this should
be
> doumented and agreed to between your company and your trading partner(s).
> Make no assumptions. The 824 is a generic application advice transaction
set
> and implies no such assumption or agreement.
>
> Rachel
>
>
> Hi all,
>
> We are planning to use an 824 Application Advice transaction to indicate
to
> our trading partners that an 810 invoice they sent us had problems.
Should
> we request they return us a 997 to indicate they received the 824?? In my
> mind, I'm thinking the 824 is saying we aren't obligated to pay the
invoice
> until the errors are corrected....if we don't verify they received this
> transaction, we could potentially be dinged for a late payment.
>
> Are any of you doing the same thing?? Is the 997 really kind of
> redundant???
>
> Thanks in advance!!!
> Debbie Shaver
> [EMAIL PROTECTED]
> 206.318.8739
>
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--- Benita Delfin
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