The ANSI ASC X12 810 standard provides the data contents of an invoice transaction set. The invoice
transaction set provides for customary and established business and industry practice relative to the billing for
goods and services provided. While the standard specifications provide a rather complex code to describe an EDI invoice data elements, here is an attempt at providing a simplified version of the main data elements, and their meaning:
n Transaction Set Identifier Code: This is the X12 code for the type of business document. In the case of an invoice, this code is 810.
n Transaction Set Control Number: This is a number that identifies all the records of a particular invoice that is transmitted electronically. For example, if two invoices are sent within the same transmission, the control number for all the records on the first invoice will be “0001” and the control number on the second invoice will be “0002”.
n Invoice Date
n Invoice Number
n Purchase Order Date
n Purchase Order Number
n Purchase Order Receipt/Release Number
n Currency Code: As per ISO code of currencies. For example “USD” for US Dollar, “CAD” for Canadian Dollar, etc.
n Exchange Rate
n Currency Market Exchange Code: Code identifying the market upon which the currency exchange rate is based. For example New York Foreign Exchange.
n Currency Exchange Rate Date: Date to be used as the basis of the currency exchange rate.
n Currency Exchange Rate Time: Time to be used as the basis of the currency exchange rate.
n More to come: Additional fields in my next blog.
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