884 Market Development Fund Settlement
884 Market Development Fund Settlement
Function Group MF
This X12 Transaction Set contains the format and establishes the data contents of the Market Development Fund Settlement Transaction Set (884) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set provides for customary and established business and industry practice relative to communicating settlement information associated with a single market development fund event. This transaction set is multidirectional between trading partners.
Position
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 Market Development Fund SettlementMandatory
Max 1
To indicate identifying numbers and other basic data relative to market development funds
0300
Party IdentificationMandatory
Max 5
To identify a party by type of organization, name, and code
0400
ContactOptional
Max 3
To identify a person or office to whom communications should be directed
0500
Note/Special InstructionOptional
Max 10
To transmit information in a free-form format, if necessary, for comment or special instruction
0600
Quantity InformationOptional
Max 1
To specify quantity information
0700
Balance DetailOptional
Max 1
To identify the specific monetary balances associated with a particular account
0100Loop
Optional
Repeat 999
0800
Extended Reference InformationMandatory
Max 1
To transmit identifying information as specified by the Reference Identification Qualifier
0900
Monetary Amount InformationOptional
Max 1
To indicate the total monetary amount
1000
Party IdentificationOptional
Max 1
To identify a party by type of organization, name, and code
1100
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)
Position
Segment
Name
Max Use