851 Asset Schedule
Function 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.
Position
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 TextOptional
Max 100
To provide a free-form format that allows the transmission of text information
040
CurrencyOptional
Max 1
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
050
Reference IdentificationOptional
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
060
Tax InformationOptional
Max 7
To specify tax information
070
Tax ReferenceOptional
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 AmountOptional
Max 100
To indicate a quantity, and/or amount for an identified period
090
Allowance, Charge or ServiceOptional
Max 35
To specify allowances, charges, or services
100
Date/Time ReferenceOptional
Max 10
To specify pertinent dates and times
N1Loop
Mandatory
Repeat 100000
110
NameMandatory
Max 1
To identify a party by type of organization, name, and code
120
Additional Name InformationOptional
Max 2
To specify additional names or those longer than 35 characters in length
130
Address InformationOptional
Max 2
To specify the location of the named party
140
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
150
Reference IdentificationOptional
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
160
Administrative Communications ContactOptional
Max 3
To identify a person or office to whom administrative communications should be directed
LS1Loop
Mandatory
Repeat >1
170
Asset Item IdentificationMandatory
Max 1
To specify basic asset line item data
180
Item IdentificationOptional
Max 1
To specify basic item identification data
190
Additional Item DetailOptional
Max 25
To specify additional item-related data involving variations in normal price/quantity structure
200
Product/Item DescriptionOptional
Max 1000
To describe a product or process in coded or free-form format
210
CurrencyOptional
Max 1
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
220
Pricing InformationOptional
Max 5
To specify pricing information
230
Reference IdentificationOptional
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
240
Tax InformationOptional
Max 7
To specify tax information
250
Tax ReferenceOptional
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 AmountOptional
Max 25
To indicate a quantity, and/or amount for an identified period
270
Allowance, Charge or ServiceOptional
Max 35
To specify allowances, charges, or services
280
Date/Time ReferenceOptional
Max 10
To specify pertinent dates and times
290
Monetary AmountOptional
Max 5
To indicate the total monetary amount
N1Loop
Optional
Repeat >1
300
NameMandatory
Max 1
To identify a party by type of organization, name, and code
310
Additional Name InformationOptional
Max 2
To specify additional names or those longer than 35 characters in length
320
Address InformationOptional
Max 2
To specify the location of the named party
330
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
340
Reference IdentificationOptional
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
350
Administrative Communications ContactOptional
Max 3
To identify a person or office to whom administrative communications should be directed
360
Tax InformationOptional
Max 10
To specify tax information
Position
Segment
Name
Max Use
010
Transaction TotalsMandatory
Max 1
To transmit a hash total for a specific element in the transaction set
020
Monetary AmountOptional
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)