Evaluated receipts settlement: Difference between revisions
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imported>Michele Allman-Ward mNo edit summary |
imported>Doug Williamson m (Changed brackets around ERS to establish internal link 18/10/13) |
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Evaluated receipts settlement [[ | Evaluated receipts settlement ([[ERS]]) is the EDI process when a restocking message is automatically generated when inventory is sold and reaches a predetermined low threshold. A payment is automatically generated based on the receipts which are captured by reading the barcode on the delivered cartons.It is used in e-commerce to improve working capital management. | ||
[[Category:Cash_Management]] | [[Category:Cash_Management]] |
Revision as of 08:07, 18 October 2013
Evaluated receipts settlement (ERS) is the EDI process when a restocking message is automatically generated when inventory is sold and reaches a predetermined low threshold. A payment is automatically generated based on the receipts which are captured by reading the barcode on the delivered cartons.It is used in e-commerce to improve working capital management.