How do you keep up with deductions & why you need more than a reason code

In CPG, a short payment is a customer paying you less than the invoice price because, they contend, you owe them money.  Deductions are the transactions on the customer’s remittance that make up the difference between invoiced amounts and what they pay…and they are one of the most complex processes that Consumer Goods companies have to manage.  Customers deduct for everything from prompt pay discounts to damages, shortages, fines, fees, and promotions.  This method […]