This X12 Transaction Set contains the format and establishes the data contents of the Royalty Regulatory Report Transaction Set (185) for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set can be used to provide royalty regulatory data for extraction of minerals and petroleum products from leased property. The data can be sent to federal and state government agencies to meet regulatory requirements. The data can be exchanged between private industry trading partners for information purposes.
To indicate the start of a transaction set and to assign a control number
To indicate the beginning of a transaction set
To specify any or all of a date, a time, or a time period
To identify a party by type of organization, name, and code
To specify additional names
To specify the location of the named party
To specify the geographic place of the named party
To specify identifying information
To identify a person or office to whom administrative communications should be directed
To transmit standard code list identification information
To identify standard industry codes
To reference a line number in a transaction set
To indicate the action to be taken with the information provided or the status of the entity described
To specify any or all of a date, a time, or a time period
To transmit information in a free-form format, if necessary, for comment or special instruction
To identify a party by type of organization, name, and code
To specify identifying information
To qualify percent amounts and supply percent amounts
Defines a participant's monetary commitment and settlement method
To transmit standard code list identification information
To identify standard industry codes
To describe a product or process in coded or free-form format
To specify physical measurements or counts, including dimensions, tolerances, variances, and weights
(See Figures Appendix for example of use of C001)
To specify quantity information
To indicate the total monetary amount
Defines a participant's monetary commitment and settlement method
To identify standard industry codes
To specify quantity information
To indicate the total monetary amount
To indicate that the next segment begins a loop
Defines a participant's monetary commitment and settlement method
To specify identifying information
To indicate that the loop immediately preceding this segment is complete
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)
