Financial change | GS1 (2024)

7. Financial change

Financial changes refer to updates to information needed to process payments between business entities.

Changes to the financial information associated to a party or location do not require the allocation of a new GLN.

Example business scenarios that would not require a new GLN

Financial change | GS1 (1)

  • The tax registration number of a legal entity changes.
  • VAT (value added tax) registration number of the legal entity us updated.
  • Financial account information associated with the marketing department is added to an account.
Guiding principles

While many situations involving contact changes will not impact the guiding principles, certain scenarios may.

Learn more the guiding principles to help determine if your unique scenario may require a change.

Financial change | GS1 (2024)

FAQs

What is a GS1 code? ›

GS1 (Global Standards 1) is a not-for-profit organisation that works closely with industries to agree how information should be stored in a barcode. This ensures organisations around the world can extract meaningful information about a product when its barcode is scanned.

What is the difference between GLN and GTIN? ›

While the GLN is used to identify legal entities and locations, the GTIN is a globally valid standard for the unambiguous identification of products and services. It contains product designation, weight, product group and other information and replaced the EAN (European Article Number) used until then in 2009.

How do I find my GS1 code? ›

Your GS1 Company Prefix can be found on your GS1 Company Prefix Certificate. You can also find your GS1 Company Prefix by visiting the GS1 Company Database (GEPIR).

How many GS1 codes do I need? ›

As a general rule, every variation of your product will need its own UPC. If your product comes in different colors or patterns, each different color or pattern will need a UPC.

How do I find my GLN in GS1? ›

To obtain a GLN, please visit Get a Global Location Number (GLN) (gs1us.org). After you complete the checkout process, you will receive a welcome email from GS1 US. It will include all the information you need to get started, including access to myGS1 US- your online member center to view your GLN.

What is a GLN vs GS1? ›

The Global Location Number (GLN) is a globally unique GS1 Identification Key used to identify parties and locations. The GLN allows users to answer the questions “who” and “where” within their own organization and throughout the entire, global supply chain.

What is a 13 digit GLN number? ›

A Global Location Number (GLN) is a 13 digit number that acts as a key for identifying the location, whether physical or digital, and the function or entity of a company across the supply chain.

How do GS1 codes work? ›

You obtain a unique company identification number called a GS1 Company Prefix. It will identify your company to businesses all over the world. Using that prefix, you add a number that specifically identifies your product.

What is the difference between GS1 and barcode? ›

Another difference is the structure of the barcode itself. GS1 barcodes use a 13-digit number to uniquely identify each product, while non-GS1 barcodes can vary in length and can be alphanumeric or numeric.

What is GS1 code for shipping? ›

The Serial Shipping Container Code (SSCC) is the GS1 identifier used to identify a logistic unit. This unique identifier is comprised of an Extension Digit, a GS1 Company Prefix, a Serial Reference, and a Check Digit. 2 WHAT IS AN SSCC USED FOR? The SSCC is used to identify an individual logistic unit.

What is an example of a GS1 barcode? ›

GS1 barcodes usually contain more information than a standard EAN/UPC code. For example, GS1-128 barcodes can include SSCC, GTIN, GSRN, GIAI, expiration dates, and batch numbers.

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