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ASC X9 TR 42-2014


Core Deduction Reason Codes

The primary purpose of this Technical Report is to convey the developersÆ intentions for the use of adjustment reason code values in business-to-business transactions. This technical report is available in electronic form as an aid to improve the corporate purchase-to-pay process. It may be used by buyers to assist in selecting appropriate adjustment reason codes to explain deductions, discounts and adjustments taken for a purchase. It may also be used by sellers in reconciling payments received when deductions, discounts and adjustments are applied

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