EDI

API DocsTerminal
Transaction Set
in
X12 Release 008010

851 Asset Schedule

Functional Group LS

This X12 Transaction Set 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
0100
Transaction Set HeaderMandatory
Max 1
To indicate the start of a transaction set and to assign a control number
0200
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
0300
Message Text
Max 100
To provide a free-form format that allows the transmission of text information
0400
Currency
Max 1
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
0500
Extended Reference Information
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
0600
Tax Information
Max 7
To specify tax information
0700
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
0800
Period Amount
Max 100
To indicate a quantity, and/or amount for an identified period
0900
Allowance, Charge or Service
Max 35
To specify allowances, charges, or services
1000
Date/Time Reference
Max 10
To specify pertinent dates and times
N1 Loop
Repeat 100000
1100
Party IdentificationMandatory
Max 1
To identify a party by type of organization, name, and code
1200
Additional Name Information
Max 2
To specify additional names
1300
Party Location
Max 2
To specify the location of the named party
1400
Geographic Location
Max 1
To specify the geographic place of the named party
1500
Extended Reference Information
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
1600
Administrative Communications Contact
Max 3
To identify a person or office to whom administrative communications should be directed
LS1 Loop
Repeat >1
1700
Asset Item IdentificationMandatory
Max 1
To specify basic asset line item data
1800
Item Identification
Max 1
To specify basic item identification data
1900
Additional Item Detail
Max 25
To specify additional item-related data involving variations in normal price/quantity structure
2000
Product/Item Description
Max 1000
To describe a product or process in coded or free-form format
2100
Currency
Max 1
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
2200
Pricing Information
Max 5
To specify pricing information
2300
Extended Reference Information
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
2400
Tax Information
Max 7
To specify tax information
2500
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
2600
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.
2700
Allowance, Charge or Service
Max 35
To specify allowances, charges, or services
2800
Date/Time Reference
Max 10
To specify pertinent dates and times
2900
Monetary Amount Information
Max 5
To indicate the total monetary amount
N1 Loop
Repeat >1
3000
Party Identification
Max 1
To identify a party by type of organization, name, and code
3100
Additional Name Information
Max 2
To specify additional names
3200
Party Location
Max 2
To specify the location of the named party
3300
Geographic Location
Max 1
To specify the geographic place of the named party
3400
Extended Reference Information
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
3500
Administrative Communications Contact
Max 3
To identify a person or office to whom administrative communications should be directed
3600
Tax Information
Max 10
To specify tax information

Detail

Sequence
Segment
Name
Max use
0100
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.
0200
Monetary Amount Information
Max 1
To indicate the total monetary amount
0300
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 Specifications 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 Specifications 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.