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Transaction Set
in
X12 Release 004010

851 Asset Schedule

Functional Group LS

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

Sequence
Segment
Name
Max use
010
Transaction Set HeaderMandatory
Max 1
To indicate the start of a transaction set and to assign a control number
020
Beginning Segment for Asset ScheduleMandatory
Max 1
To indicate the beginning of the Asset Schedule Transaction Set and transmit type of schedule and identifying numbers
030
Message Text
Max 100
To provide a free-form format that allows the transmission of text information
040
Currency
Max 1
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
050
Reference Identification
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
060
Tax Information
Max 7
To specify tax information
070
Tax Reference
Max 5
To provide data required for proper notification/determination of applicable taxes applying to the transaction or business described in the transaction
080
Period Amount
Max 100
To indicate a quantity, and/or amount for an identified period
090
Allowance, Charge or Service
Max 35
To specify allowances, charges, or services
100
Date/Time Reference
Max 10
To specify pertinent dates and times
N1 Loop
Repeat 100000
110
NameMandatory
Max 1
To identify a party by type of organization, name, and code
120
Additional Name Information
Max 2
To specify additional names or those longer than 35 characters in length
130
Address Information
Max 2
To specify the location of the named party
140
Geographic Location
Max 1
To specify the geographic place of the named party
150
Reference Identification
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
160
Administrative Communications Contact
Max 3
To identify a person or office to whom administrative communications should be directed
LS1 Loop
Repeat >1
170
Asset Item IdentificationMandatory
Max 1
To specify basic asset line item data
180
Item Identification
Max 1
To specify basic item identification data
190
Additional Item Detail
Max 25
To specify additional item-related data involving variations in normal price/quantity structure
200
Product/Item Description
Max 1000
To describe a product or process in coded or free-form format
210
Currency
Max 1
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
220
Pricing Information
Max 5
To specify pricing information
230
Reference Identification
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
240
Tax Information
Max 7
To specify tax information
250
Tax Reference
Max 5
To provide data required for proper notification/determination of applicable taxes applying to the transaction or business described in the transaction
260
Period Amount
Max 25
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.
270
Allowance, Charge or Service
Max 35
To specify allowances, charges, or services
280
Date/Time Reference
Max 10
To specify pertinent dates and times
290
Monetary Amount
Max 5
To indicate the total monetary amount
N1 Loop
Repeat >1
300
Name
Max 1
To identify a party by type of organization, name, and code
310
Additional Name Information
Max 2
To specify additional names or those longer than 35 characters in length
320
Address Information
Max 2
To specify the location of the named party
330
Geographic Location
Max 1
To specify the geographic place of the named party
340
Reference Identification
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
350
Administrative Communications Contact
Max 3
To identify a person or office to whom administrative communications should be directed
360
Tax Information
Max 10
To specify tax information

Detail

Sequence
Segment
Name
Max use
010
Transaction TotalsMandatory
Max 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.
020
Monetary Amount
Max 1
To indicate the total monetary amount
030
Transaction Set TrailerMandatory
Max 1
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 and Mapping Guides are provided for marketing purposes and are 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.
Stedi is a registered trademark of Stedi, Inc. Stedi's EDI Reference and Mapping Guides are provided for marketing purposes and are 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.