185 Royalty Regulatory Report

Functional Group RD

X12F Finance Subcommittee

This X12 Transaction Set contains the format and establishes the data contents of the Royalty Regulatory Report Transaction Set (185) for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set can be used to provide royalty regulatory data for extraction of minerals and petroleum products from leased property. The data can be sent to federal and state government agencies to meet regulatory requirements. The data can be exchanged between private industry trading partners for information purposes.

Heading

Position
Segment
Name
Max use
  1. To indicate the start of a transaction set and to assign a control number

  2. To indicate the beginning of a transaction set

  3. To specify any or all of a date, a time, or a time period

  4. N1 Loop Optional
    Repeat >1
    1. To identify a party by type of organization, name, and code

      N1 can be used to identify the sender.
    2. To specify additional names

    3. To specify the location of the named party

    4. To specify the geographic place of the named party

    5. To specify identifying information

    6. To identify a person or office to whom administrative communications should be directed

  5. LM Loop Optional
    Repeat >1
    1. To transmit standard code list identification information

    2. Code to transmit standard industry codes

Detail

Position
Segment
Name
Max use
  1. LX Loop Mandatory
    Repeat >1
    1. To reference a line number in a transaction set

    2. To indicate the action to be taken with the information provided or the status of the entity described

    3. To specify any or all of a date, a time, or a time period

    4. To transmit information in a free-form format, if necessary, for comment or special instruction

    5. To identify a party by type of organization, name, and code

    6. To specify identifying information

    7. To qualify percent amounts and supply percent amounts

    8. Defines a participant's monetary commitment and settlement method

    9. LM Loop Optional
      Repeat >1
      1. To transmit standard code list identification information

      2. Code to transmit standard industry codes

    10. PID Loop Optional
      Repeat >1
      1. To describe a product or process in coded or free-form format

      2. To specify physical measurements or counts, including dimensions, tolerances, variances, and weights (See Figures Appendix for example of use of C001)

      3. To specify quantity information

      4. To indicate the total monetary amount

      5. Defines a participant's monetary commitment and settlement method

      6. LQ Loop Optional
        Repeat >1
        1. Code to transmit standard industry codes

        2. To specify quantity information

        3. To indicate the total monetary amount

Summary

Position
Segment
Name
Max use
  1. To indicate that the next segment begins a loop

  2. ASM Loop Optional
    Repeat >1
    1. Defines a participant's monetary commitment and settlement method

    2. To specify identifying information

  3. To indicate that the loop immediately preceding this segment is complete

  4. To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)

Stedi is a registered trademark of Stedi, Inc. Stedi's EDI Reference is provided for marketing purposes and is free of charge. All names, logos, and brands of third parties listed on our site are trademarks of their respective owners (including “X12”, which is a trademark of X12 Incorporated). Stedi, Inc. and its products and services are not endorsed by, sponsored by, or affiliated with these third parties. Our use of these names, logos, and brands is for identification purposes only, and does not imply any such endorsement, sponsorship, or affiliation.