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Billing Memo for 10% exchange rate

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Created by Shankar S on 2010-06-24 07:57:22 Back to Topics

Billing Memo for 10% exchange rate

As per ISPG,  Billing memos are considered under non prime category. Post SIS 10% Exchange rate variation billings will be done through a billing memo, but if a carrier has not migrated to Non Prime is there anyway they can include these billings in the IS billing file i.e. Can they generate a billing memo for the same or this should be outside the purview of IS billing file.
Replied by James S on 2010-06-27 15:20:17
Insofar as file certification (submitting as the billing carrier) goes, you're right. Billing Memos will be certified separately from primes. And if you haven't been certified for BMs, you will not be able to submit these in a file.
In this case, you'll have to do exactly what you would do with any set of non-migrated billings -- whether it's all of cargo, some Misc charges, Pax RMs, etc. You would:
  • send via paper and settle via the ICH claim, as today, or
  • go to IS-WEB and create an invoice with the relevant BMs, 8B (10% variation reason type) or otherwise.

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