851 Asset Schedule
Function 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.
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 Asset ScheduleMandatory
Max 1
To indicate the beginning of the Asset Schedule Transaction Set and transmit type of schedule and identifying numbers
0300
Message TextOptional
Max 100
To provide a free-form format that allows the transmission of text information
0400
CurrencyOptional
Max 1
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
0500
Extended Reference InformationOptional
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
0600
Tax InformationOptional
Max 7
To specify tax information
0700
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
0800
Period AmountOptional
Max 100
To indicate a quantity, and/or amount for an identified period
0900
Allowance, Charge or ServiceOptional
Max 35
To specify allowances, charges, or services
1000
Date/Time ReferenceOptional
Max 10
To specify pertinent dates and times
N1Loop
Mandatory
Repeat 100000
1100
Party IdentificationMandatory
Max 1
To identify a party by type of organization, name, and code
1200
Additional Name InformationOptional
Max 2
To specify additional names
1300
Party LocationOptional
Max 2
To specify the location of the named party
1400
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
1500
Extended Reference InformationOptional
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
1600
Administrative Communications ContactOptional
Max 3
To identify a person or office to whom administrative communications should be directed
LS1Loop
Mandatory
Repeat >1
1700
Asset Item IdentificationMandatory
Max 1
To specify basic asset line item data
1800
Item IdentificationOptional
Max 1
To specify basic item identification data
1900
Additional Item DetailOptional
Max 25
To specify additional item-related data involving variations in normal price/quantity structure
2000
Product/Item DescriptionOptional
Max 1000
To describe a product or process in coded or free-form format
2100
CurrencyOptional
Max 1
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
2200
Pricing InformationOptional
Max 5
To specify pricing information
2300
Extended Reference InformationOptional
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
2400
Tax InformationOptional
Max 7
To specify tax information
2500
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
2600
Period AmountOptional
Max 25
To indicate a quantity, and/or amount for an identified period
2700
Allowance, Charge or ServiceOptional
Max 35
To specify allowances, charges, or services
2800
Date/Time ReferenceOptional
Max 10
To specify pertinent dates and times
2900
Monetary Amount InformationOptional
Max 5
To indicate the total monetary amount
N1Loop
Optional
Repeat >1
3000
Party IdentificationMandatory
Max 1
To identify a party by type of organization, name, and code
3100
Additional Name InformationOptional
Max 2
To specify additional names
3200
Party LocationOptional
Max 2
To specify the location of the named party
3300
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
3400
Extended Reference InformationOptional
Max >1
To transmit identifying information as specified by the Reference Identification Qualifier
3500
Administrative Communications ContactOptional
Max 3
To identify a person or office to whom administrative communications should be directed
3600
Tax InformationOptional
Max 10
To specify tax information
Position
Segment
Name
Max Use
0100
Transaction TotalsMandatory
Max 1
To transmit a hash total for a specific element in the transaction set
0200
Monetary Amount InformationOptional
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)