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Below you will essential information in regards to this EDI. If you have any specific questions about integrating your EDI with your ERP and eCommerce please reach out. Take advantage of our "start planning" feature to map out your integration needs.
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What is a 823 - Lockbox document?
The 823 EDI document type is an electronic version of a paper Lockbox. Standard EDI formats include X12, ANSI, EDIFACT and its subsets.
The 823 EDI document type is sent by a bank as confirmation of payments received by customers of lockbox owners.
What makes up the 823 - Lockbox document?
An EDI 823 - Lockbox document is organized into segment and data elements. A segment can contain at least one data element. Each data element contains a data field. Data elements can include bank, details of lockbox service provider, total quantity of cheques, and total amount involved in cheques, identical to a paper lockbox transaction document. There are an infinite number of possibilities available for a company to include data on an 823 Lockbox. There are an infinite number of possibilities available for a company to include data on an 823 - Lockbox.
How is a 823 - Lockbox used?
The 823 EDI document is used by banks to confirm payments to lockbox owners. After the 823 Lockbox is received, a 997 Functional Acknowledgment is sent back from the receiver indicating that the 823 Lockbox was successfully received.
How is a 823 - Lockbox processed?
An EDI solution is required to process the EDI documents received into an ERP or accounting system or into a readable format for manual entry. Each trading partner will have an EDI Implementation guide outlining the specific segments, data elements, values accepted, and the applicable business rules to be followed.
eBridge Connections has pre-built maps for all EDI transaction documents including 850 purchase orders, 810 invoices, and 856 advance shipping notices.