Re: [ubl-dev] Where in a RemittanceAdvice does the payment date get reported

[David Goodenough <david.goodenough@broadwellmanor.co.uk>]

Good thought.  Although when I originally read that I understood that to be date when the invoice (or statement etc) said that it was due for payment rather than the date when the payment was actually made (or due to be made).  Of course the two dates are not necessarily the same.

But if this is the intended meaning then I am happy to go with it - at least until something like Kees's suggested PaymentDate replaces it.

On Tuesday, 29 December 2020 13:19:49 GMT Kenneth Bengtsson wrote:

> Maybe I donât understand the question well.. But whatâs wrong with using the

> PaymentMeans/PaymentDueDate?

>

> We have a Committee Note providing some guidance on the use of the

> PaymentMeans here:

> http://docs.oasis-open.org/ubl/UBL-Payment/v1.0/UBL-Payment-v1.0.html

>

> /Kenneth

>

>

>

> From: Kees Duvekot <kees@sipico.com>

> Date: Tuesday, December 29, 2020 at 2:12 PM

> To: David Goodenough <david.goodenough@broadwellmanor.co.uk>

> Cc: ubl-dev@lists.oasis-open.org <ubl-dev@lists.oasis-open.org>

> Subject: Re: [ubl-dev] Where in a RemittanceAdvice does the payment date get

> reported David,

>

> Very good question. I did have a quick look at the specifications and also

> to me there is no immediate answer.

>

> So this would be good to investigate further and see if we need to add

> something specific to this document.

>

> Kees D.

>

> On Tue, Dec 29, 2020, 14:03 David Goodenough

> <david.goodenough@broadwellmanor.co.uk<mailto:david.goodenough@broadwellman

> or.co.uk>> wrote:

>

> I realise that the banking system may or may not actually deliver the cash

> on the specified date, or even offer a date when requested to using an

> on-line banking system.  So at best the payment date should be an optional

> field.

>

>

> However in the UK one can normally specify either immediate (or within 24

> hours) transmission, or that (funds being available) the transfer should be

> made ready for the start of business on a specified date.

>

>

> It seems wrong to use the IssueDate, as that should be the date when the

> RemittanceAdvice is created/sent, and as such sets a start date for the

> recipient to start looking out for the deposit.

>

>

> Obviously with cheques (I am not sure I know where my cheque book is, let

> alone when I last used it), you are at the whim Postal service and the

> recipient to bank the cheque and then for it to be cleared.   But on-line

> banking and for larger organisations Swift etc are becoming more prevalent.