What are M-Codes?
M-Codes also known as Memo Codes are like a shortcut used to enter key messages in an entry process. Once these M-codes are entered into the system and the charges applicable to each respective is applied automatically. This, in turn, automates and improves the rating process of these bills and also helps save time during the billing process as instead of typing out the entire information every time, only a 5–6 digit code must be entered accurately and the rest is uploaded automatically.
The BOLs that we process are rated (freight calculation) by an automated system, so if we miss any particular M-code or enter it incorrectly, the rating for that BOL will be miscalculated, so it is crucial that we enter this data with great care and accuracy.