EANCOM® 2002 S4 Part II
REMADV Remittance advice message
1. Introduction

Status

MESSAGE TYPE : REMADV
REFERENCE DIRECTORY : D.01B
EANCOM® SUBSET VERSION : 005

Definition

The Remittance advice is a communication between buyer and supplier which provides a detailed accounting relative to a payment, or other form of financial settlement, on a specified date for the provision of goods and/or services as detailed in the advice.

Principles

A Remittance Advice is a notice of payment to be made.

A Remittance Advice may cover one or more commercial trade transactions (and related financial transactions), such as invoices, credit notes, debit notes, etc.

A Remittance Advice may include a cross reference to a Payment Order.

A single Remittance Advice may relate to both national and international settlements.

The remitted amounts for the whole remittance advice, per document referenced in the remittance advice and per line item in a document must all be expressed in the same currency as the payment currency.

Each Remittance Advice shall relate to only one settlement date.

A Remittance Advice may be initiated by either party according to agreements.

© Copyright GS1 Edition 2016