EDI Document Type -103 Abandoned Property Filings
What is a103 Abandoned Property Filings document?
The 103 Abandoned Property Filings document contains information regarding the Abandoned Property Filings Transaction Set (103) for use within the context of an Electronic Data Interchange (EDI) environment. Standard EDI formats include X12, ANSI, EDIFACT and its subsets.Click here to read more about supported EDI Standards.
What makes up the 103 Abandoned Property Filings document?
A 103 Abandoned Property Filings document is organized into the following segment and data elements. A segment can contain at least one data element. Examples of data elements on the 103 EDI document includes abandoned property filings information, such as un-cashed checks or abandoned bank account balances.
How is it used?
The 103 Abandoned Property Filings document can be used to report abandoned property filings information, such as un-cashed checks or abandoned bank account balances, to government agencies. Government agencies may distribute information on abandoned property for publication to the general public. This EDI document may also be used to initiate an Electronic Funds Transfer (ET) payment to transfer the value of the abandoned property to the government agencies.
The Process and Standards
An EDI solution is required to process the EDI documents received into a financial system (click here to view all available financial systems eBridge integrates into) or into a readable format for manual entry. Each trading partner will have an EDI Implementation guide outlining the specific segments, data elements, values accepted, and the applicable business rules to be followed.
Click here to find your trading partnerWhy eBridge Connections?
- 2000+ Customers | 37+ Financial Systems | 47,000+ Documents Integrated
- One company to build, deploy and maintain all of your integration solutions;
- Pre-built trading partner connections allow for quick deployment;
- Pay one low monthly fee regardless of how many transactions you execute, no VAN fees;
- Last mile integration - from trading partner, right into your accounting package;
- Scalable eBridge solutions allow you to grow your business, integrate and exchange information with trading partners, customer relationship management (CRM), supply chain management (SCM) and eCommerce (webstore) systems
 |
 |
 |