What is an EDI 822 Account Analysis?
EDI 822 transaction set enables transmission of detailed balance, adjustment details, and service charges primarily between a bank and its corporate clients. Moreover, this transaction set may also be helpful between or within organizations.
The data contents and format of 822 Account Analysis are used for the electronic interchange of information. It is divided into various segments and data elements.
Workflow for the Exchange of an EDI 822 Account Analysis
EDI 822 falls under the category of X12F Finance transaction set. This transaction set allows transmission of detailed balance, details of adjustment, and service charges between a bank and its clients but it can also be used to transmit these details within an organization or among different ones.
Stay EDI Compliant with EDIConnect
With a built-in message parser, validator, and transaction builder, EDIConnect can handle transaction sets in X12 and EDIFACT formats. This helps businesses easily exchange EDI documents with their trading partners, allowing them to stay EDI compliant. Using EDIConnect, users can automate file uploads and downloads, create workflows, and transform files into the required format to streamline the process.