short pay reduces the amount paid to the carrier by the amount that’s assumed to be billed incorrectly.

Should I short pay my carrier invoice?

If you are a shipper, most likely you make your best guess at accounting for credits before you short pay your carrier. A short pay is a partial payment of an invoice which can happen for a variety of reasons like disputes, late deliveries, and overcharges. A shipper reduces the amount paid to the carrier by the amount that’s assumed …

General ledger coding for freight invoices and logistics

Simplify your GL coding process with Share a Refund

General Ledger Coding exists to create a fluid and precise accounting process. However, many businesses find the administrative strain and complexity that comes with it to be a huge headache, especially in supply chain operations. Shipments tendered incorrectly, with the incorrect reference fields and on the wrong account, represent 2 to 20% of all shipments. When this happens, the invoice …