EDI 851 Asset Schedule

Functional Group LS

X12M Supply Chain Subcommittee

This Draft Standard for Trial Use contains the format and establishes the data contents of the Asset Schedule Transaction Set (851) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set provides for the customary and established business and industry practice relative to establishing a schedule of assets and the contractual terms and conditions relating to those assets agreed upon between lessor, lessee, buyer, seller, or any other party needing to establish a precise list of assets.

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 the Asset Schedule Transaction Set and transmit type of schedule and identifying numbers

  3. To provide a free-form format that allows the transmission of text information

  4. To specify the currency (dollars, pounds, francs, etc.) used in a transaction

  5. To transmit identifying information as specified by the Reference Identification Qualifier

  6. To specify tax information

  7. To provide data required for proper notification/determination of applicable taxes applying to the transaction or business described in the transaction

  8. To indicate a quantity, and/or amount for an identified period

  9. To specify allowances, charges, or services

  10. To specify pertinent dates and times

  11. N1 Loop Mandatory
    Repeat 100000
    1. To identify a party by type of organization, name, and code

    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 transmit identifying information as specified by the Reference Identification Qualifier

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

  12. LS1 Loop Mandatory
    Repeat >1
    1. To specify basic asset line item data

    2. To specify basic item identification data

    3. To specify additional item-related data involving variations in normal price/quantity structure

    4. To describe a product or process in coded or free-form format

    5. To specify the currency (dollars, pounds, francs, etc.) used in a transaction

    6. To specify pricing information

    7. To transmit identifying information as specified by the Reference Identification Qualifier

    8. To specify tax information

    9. To provide data required for proper notification/determination of applicable taxes applying to the transaction or business described in the transaction

    10. To indicate a quantity, and/or amount for an identified period

      If PAM06 is used, it identifies the type of lease period. The lease period is described in PAM07 through PAM12.
    11. To specify allowances, charges, or services

    12. To specify pertinent dates and times

    13. To indicate the total monetary amount

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

      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 transmit identifying information as specified by the Reference Identification Qualifier

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

      7. To specify tax information

Detail

Position
Segment
Name
Max use
  1. To transmit a hash total for a specific element in the transaction set

    Number of line items (CTT01) is the accumulation of the number of LS1 segments. If used, hash total (CTT02) is the sum of the value of quantities (LS101) for each LS1 segment.
  2. To indicate the total monetary amount

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

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