Code specifying the adjustment reason.
Type
String (AN)
Length
Max 3 / Min 1
Codes
<> 1
Agreed settlement
An adjustment made based on an agreement between partners.
<> 2
Below specification goods
Goods of inferior quality.
<> 3
Damaged goods
An adjustment due to the damage of goods.
<> 4
Short delivery
An adjustment made because the delivered quantity was less than expected.
<> 5
Price query
An adjustment due to a price query.
<> 6
Proof of delivery required
The buyer requires that proof of delivery be made before payment.
<> 7
Payment on account
Buyer is to make payment later.
<> 8
Returnable container charge included
Adjustment made to deduct the returnable container charge.
<> 9
Invoice error
Invoice not in accordance with the order.
<> 10
Costs for draft
Cost of draft has been deducted from payment.
<> 11
Bank charges
Bank charges have been deducted from payment.
<> 12
Agent commission
Agent commission has been deducted from payment.
<> 13
Counter claim
Buyer claims an existing (financial) obligation from seller which (partly) offsets the outstanding invoice(s).
<> 14
Wrong delivery
Delivery not according to specifications.
<> 15
Goods returned to agent
Goods returned to agent.
<> 16
Goods partly returned
Goods partly returned.
<> 17
Transport damage
Goods damaged in transit.
<> 18
Goods on consignment
Buyer does not accept invoice(s) charge as it relates to goods where the ownership remains with the seller until sold.
<> 19
Trade discount
Trade discount deducted from payment.
<> 20
Deduction for late delivery
Penalty amount deducted for later delivery.
<> 21
Advertising costs
Advertising costs deducted from payment.
<> 22
Customs duties
Customs duties deducted from payment.
<> 23
Telephone and postal costs
Telephone and postal costs deducted from payment.
<> 24
Repair costs
Repair costs deducted from payment.
<> 25
Attorney fees
Attorney fees deducted from payment.
<> 26
Taxes
Taxes deducted from payment.
<> 27
Reclaimed deduction
Buyer reclaims an unspecified deduction from the invoice(s) (to be) paid.
<> 28
See separate advice
Buyer or seller refers to separate correspondence about a related shipment(s) and/or invoice(s) and/or a payment(s).
<> 29
Buyer refused to take delivery
Buyer refused to take delivery.
<> 30
Direct payment to seller
Buyer states to have paid to seller.
<> 31
Buyer disagrees with due date
Buyer disagrees with due date.
<> 32
Goods not delivered
Buyer has not received the goods.
<> 33
Late delivery
Goods delivered too late.
<> 34
Quoted as paid to you
Factor informs the seller that a certain invoice(s) was paid by the buyer directly to the seller.
<> 35
Goods returned
Buyer returned the goods to seller.
<> 36
Invoice not received
Buyer claims he did not receive the invoice for which payment is requested.
<> 37
Credit note to debtor/not to us
Factor informs the seller that he did not receive copy of a credit note sent to the buyer.
<> 38
Deducted bonus
Buyer has/will deduct a bonus he is entitled to from the payment.
<> 39
Deducted discount
Buyer has/will deduct the discount he is entitled to from the payment.
<> 40
Deducted freight costs
Buyer has/will deduct freight costs from the payment.
<> 41
Deduction against other invoices
Deduction against invoices already settled.
<> 42
Credit balance(s)
Buyer makes use of existing credit balance(s) to offset (partly) the outstanding invoice(s).
<> 43
Reason unknown
Factor informs the seller that the reason of a commercial dispute raised by the buyer is unknown.
<> 44
Awaiting message from seller
Buyer or factor are waiting for a (reply) message from the seller before a commercial dispute can be settled.
<> 45
Debit note to seller
Buyer issued debit note to seller.
<> 46
Discount beyond terms
Buyer has taken a discount larger than the discount terms agreed with the seller.
<> 47
See buyer's letter
See correspondence from buyer.
<> 48
Allowance/charge error
Error made by seller in the amount of allowance/charge.
<> 49
Substitute product
Product delivered not fully according to specification.
<> 50
Terms of sale error
Terms of sale not according to purchase order.
<> 51
Required data missing
A message sent by buyer to seller or by seller to buyer did not contain data required to take action/decision.
<> 52
Wrong invoice
Invoice issued to wrong party.
<> 53
Duplicate invoice
Invoice sent twice.
<> 54
Weight error
Weight not in accordance with the order.
<> 55
Additional charge not authorized
Additional charge not authorised.
<> 56
Incorrect discount
Buyer states that calculated discount on the invoice(s) is wrongly calculated.
<> 57
Price change
Price has been changed.
<> 58
Variation
The adjustment is a variation from an agreed value.
<> 59
Chargeback
Balance of one or more items charged back to seller.
<> 60
Offset
Allocation of one or more debit items to one or more credit items or vice-versa.
<> 61
Indirect payment
Payment in settlement of an invoice has been made to a party other than the designated creditor.
<> 62
Financial reassignment
Previously assigned invoice/credit note is being reassigned.
<> 63
Reinstatement of chargeback/offset
Reversal or cancellation of a chargeback and/or offset relating to an incorrect balance.
<> 64
Expecting new terms
Buyer expects that seller revises the terms of payment of an invoice.
<> 65
Settlement to agent
Invoice has been/to be paid to seller's agent.
<> 66
Cash discount
An adjustment has been made due to the application of a cash discount.
<> 67
Delcredere costs
Costs deducted from a total amount to pay for the services of central payment.
<> 68
Early payment allowance adjustment
Adjustment results from the application of an early payment allowance.
<> 69
Incorrect due date for monetary amount
Adjustment has been made because an incorrect due date was referred to with regard to the monetary amount.
<> 70
Wrong monetary amount resulting from incorrect free goods quantity
Adjustment has been made because of a wrong monetary amount resulting from an incorrect free goods quantity.
<> 71
Rack or shelf replenishment service by a supplier
Adjustment due to the replenishment of the racks or shelves by a supplier.
<> 72
Temporary special promotion
Adjustment due to a temporary special promotion.
<> 73
Difference in tax rate
Adjustment due to a difference in tax rate.
<> 74
Quantity discount
Adjustment due to a quantity discount.
<> 75
Promotion discount
Adjustment due to a promotion discount.
<> 76
Cancellation deadline passed
The cancellation has occurred after the deadline.
<> 77
Pricing discount
An adjustment has been made due to the application of a pricing discount.
<> 78
Volume discount
Discount for reaching or exceeding an agreed accumulated volume.
<> 79
Sundry discount
Adjustment has been made due to the application of a sundry discount.
<> 80
Card holder signature missing
The adjustment was made due to the card holder not signing the filing document.
<> 81
Card expiry date missing
The adjustment was made due to the card acceptor not specifying the expiry date within the filing document.
<> 82
Card number error
The adjustment was made due to the card acceptor specifying an erroneous card number within the filing document.
<> 83
Card expired
The adjustment was made due to the card acceptor specifying an expired expiry date within the filing document or electronic data.
<> 84
Test card transaction
The adjustment was made due to a test card transaction, used for installing, maintaining or debugging purposes.
<> 85
Permission limit exceeded
The adjustment was made due to the permission limit defined by card issuer or card company was exceeded without prior authorisation. Synonym: Floor limit.
<> 86
Wrong authorisation code
The adjustment was made due to the authorisation code provided did not fit to the specified transaction.
<> 87
Wrong authorised amount
The adjustment was made due to the specified amount not meeting the authorised amount for the transaction.
<> 88
Authorisation failed
The adjustment was made due to the authorisation needed had failed.
<> 89
Card acceptor data error
The adjustment was made due to the data regarding the card acceptor is erroneous.
<> 90
Treasury management service charge
Charge for the service of treasury management.
<> 91
Agreed discount
The reason for the adjustment is that a mutually agreed discount has been applied.
<> 92
Expediting fee
The reason for the adjustment is that a fee for expediting has been applied.
<> 93
Invoicing fee
The reason for the adjustment is that a fee for invoicing has been applied.
<> 94
Freight charge
The reason for the adjustment is that freight charges has been applied.
<> 95
Small order processing service charge
The reason for the adjustment is that a fee for processing of a small order (an order below a defined threshold) has been applied.
<> 96
Currency exchange differences
An adjustment made due to a change in a currency exchange rate.
<> 97
Insolvency
An adjustment made due to the partner's inability to pay open debts.
<> 98
Incorrect references
Adjustment has taken place because of incorrect references.
<> 99
Incorrect identification of the buyer
Adjustment has taken place because of incorrect identification of the buyer.
<> 100
Incorrect product identification
Adjustment has taken place because of incorrect product identification.
<> 101
New employee
The reason for the adjustment is a new employee.
<> 102
Employee retirement
The reason for the adjustment is the retirement of an employee.
<> 103
Salary change
The reason for the adjustment is a salary change.
<> 104
Parental leave
The reason for the adjustment is a parental leave.
<> ZZZ
Mutually defined
A code assigned within a code list to be used on an interim basis and as defined among trading partners until a precise code can be assigned to the code list.
