EDI 561 Contract Abstract

This X12 Transaction Set contains the format and establishes the data contents of the Abandoned Property Filings Transaction Set 561 for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set is used to report abandoned property filings information, such as uncashed checks or abandoned bank account balances, to government agencies and may be used by the government agencies to distribute information on abandoned property for publication to the general public. It may also be used to initiate an Electronic Funds Transfer (EFT) payment to transfer the value of the abandoned property to the government agencies.

Segments

Position

Segment

Name

Max use

Transaction Set Header

Mandatory

AtMax 1

To indicate the start of a transaction set and to assign a control number

BGN

Beginning Segment

Mandatory

AtMax 1

To indicate the beginning of a transaction set

Reference Identification

Opt

AtMax 1

To transmit identifying information as specified by the Reference Identification Qualifier

LOOP

Mandatory

GT 1

Code Source Information

Opt

AtMax 1

To transmit standard code list identification information

Industry Code

Mandatory

AtMax 100

Code to transmit standard industry codes

LOOP

Mandatory

GT 1

Name

Opt

AtMax 1

To identify a party by type of organization, name, and code

Additional Name Information

Opt

AtMax 2

To specify additional names or those longer than 35 characters in length

Address Information

Opt

AtMax 2

To specify the location of the named party

Geographic Location

Opt

AtMax 1

To specify the geographic place of the named party

100

G61

Contact

Opt

AtMax 1

To identify a person or office to whom communications should be directed

LOOP

Mandatory

GT 1

Hierarchical Level

Mandatory

AtMax 1

To identify dependencies among and the content of hierarchically related groups of data segments

Contract Summary

Opt

AtMax 1

To provide information about a contract

G62

Date/Time

Opt

AtMax 2

To specify pertinent dates and times

ITD

Terms of Sale/Deferred Terms of Sale

Opt

AtMax 5

To specify terms of sale

PO1

Baseline Item Data

Opt

AtMax 1

To specify basic and most frequently used line item data

SLN

Subline Item Detail

Opt

AtMax 1

To specify product subline detail item data

Reference Identification

Opt

AtMax 10

To transmit identifying information as specified by the Reference Identification Qualifier

AMT

Monetary Amount

Opt

AtMax 1

To indicate the total monetary amount

PCT

Percent Amounts

Opt

AtMax 2

To qualify percent amounts and supply percent amounts

100

PID

Product/Item Description

Opt

AtMax 10

To describe a product or process in coded or free-form format

FA1

LOOP

Mandatory

GT 1

111

FA1

Type of Financial Accounting Data

Opt

AtMax 1

To specify the organization controlling the content of the accounting citation, and the purpose associated with the accounting citation

112

FA2

Accounting Data

Mandatory

GT 1

To specify the detailed accounting data

120

AMT

Monetary Amount

Opt

AtMax 2

To indicate the total monetary amount

130

Reference Identification

Opt

AtMax 1

To transmit identifying information as specified by the Reference Identification Qualifier

LOOP

Mandatory

GT 1

140

Code Source Information

Opt

AtMax 1

To transmit standard code list identification information

150

Industry Code

Mandatory

AtMax 100

Code to transmit standard industry codes

LOOP

Mandatory

GT 1

160

Name

Opt

AtMax 1

To identify a party by type of organization, name, and code

170

Additional Name Information

Opt

AtMax 2

To specify additional names or those longer than 35 characters in length

180

Address Information

Opt

AtMax 2

To specify the location of the named party

190

Geographic Location

Opt

AtMax 1

To specify the geographic place of the named party

200

G61

Contact

Opt

AtMax 1

To identify a person or office to whom communications should be directed

SCH

LOOP

Mandatory

GT 1

210

SCH

Line Item Schedule

Opt

AtMax 1

To specify the data for scheduling a specific line-item

LOOP

Mandatory

GT 1

220

Name

Opt

AtMax 1

To identify a party by type of organization, name, and code

230

Additional Name Information

Opt

AtMax 2

To specify additional names or those longer than 35 characters in length

240

Address Information

Opt

AtMax 2

To specify the location of the named party

250

Geographic Location

Opt

AtMax 1

To specify the geographic place of the named party

CTT

Transaction Totals

Opt

AtMax 1

To transmit a hash total for a specific element in the transaction set

Transaction Set Trailer

Mandatory

AtMax 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)

Elements

Position	Element	Name	Requirement	Type	Min/Max	Repeat

1	143	Transaction Set Identifier Code	Mandatory	ID	3/3	1

2	329	Transaction Set Control Number	Mandatory	Alphanumeric	4/9	1

EDI Dictionary

EDI 561 Contract Abstract

Segments

Elements