Payment Order/Remittance Advice

Based on the Accredited Standards Committee (ASC) X12 format, the 820 can be used to accomplish any of the following three functions:

1. Order payment of funds to settle an open item
2. Advise payee (supplier) of the details of the payment, typically used with an EFT Electronic Funds Transfer
3. Advise payee of any adjustments reflected in the payment