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High mark Standard Companion Guide Instructions related to Employer/Sponsor Transactions based on ASC X12 Implementation Guides, version 005010 October 2015 October 2015 005010 1 This page left intentionally

How to fill out based on asc x12

How to fill out based on ASC X12:

1. Understand the ASC X12 standard: Familiarize yourself with the ASC X12 standard, which is a set of guidelines for electronic data interchange (EDI). This standard defines the format and structure of business documents and transactions.
2. Gather the necessary information: Before filling out based on ASC X12, gather all the required data and details related to the specific business document you are working on. This may include customer information, product details, pricing, and any additional relevant data.
3. Identify the appropriate ASC X12 transaction set: ASC X12 provides various transaction sets for different business processes, such as purchase orders, invoices, shipping notifications, and more. Identify the relevant transaction set that matches the document you need to fill out.
4. Determine the data elements and segments: Within the chosen ASC X12 transaction set, identify the required data elements and segments that need to be included in the document. These elements refer to specific pieces of information, such as customer name, date, quantity, etc.
5. Fill out the document based on the ASC X12 standard: Input the gathered information into the respective data elements and segments in the ASC X12 document. Follow the specified guidelines and formatting rules to ensure adherence to the standard.

Who needs based on ASC X12:

1. Businesses involved in electronic data interchange (EDI): ASC X12 is primarily used by businesses engaged in electronic data interchange to facilitate the exchange of business documents with their trading partners. These businesses may include suppliers, retailers, manufacturers, and service providers across various industries.
2. Organizations implementing EDI systems: Companies that are implementing EDI systems within their operations can benefit from using the ASC X12 standard. It provides a structured and standardized format for exchanging business documents electronically, ensuring compatibility and efficiency in data transmission.
3. IT professionals and EDI specialists: IT professionals and EDI specialists working within organizations that utilize ASC X12 need to have a thorough understanding of this standard. They are responsible for configuring and customizing EDI systems to comply with the ASC X12 guidelines and ensure seamless data exchange.

In conclusion, understanding how to fill out based on ASC X12 involves familiarizing oneself with the standard, gathering necessary information, identifying the appropriate transaction set, determining data elements and segments, and filling out the document accordingly. The ASC X12 standard is beneficial for businesses involved in EDI, organizations implementing EDI systems, and IT professionals/EDI specialists working with ASC X12.

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What is based on asc x12?

asc x12 is a common electronic data interchange (EDI) format used for structuring and representing business transactions.

Who is required to file based on asc x12?

Companies or organizations engaged in electronic business transactions may be required to file based on asc x12.

How to fill out based on asc x12?

To fill out based on asc x12, businesses need to follow the guidelines and standards set by the ASC X12 organization.

What is the purpose of based on asc x12?

The purpose of based on asc x12 is to standardize the exchange of business information and streamline electronic transactions.

What information must be reported on based on asc x12?

Information such as purchase orders, invoices, and shipping notices may need to be reported based on asc 12 transactions.