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EDI 821 Financial Information Reporting
What is an EDI 821 Financial Information Reporting?
EDI 821 transaction set is useful for report balances, summarized and detailed financial transactions, and any other information related to financial accounts.
The data contents and format of EDI 821 Financial Information Reporting are used for the electronic interchange of information. It is divided into various segments and data elements.
Workflow for the Exchange of an EDI 821 Financial Information Reporting
EDI 821 falls under the category of X12F Finance transaction set. This transaction set enables balancing reports, summarizing and detailing financial transactions, and any other information related to financial accounts.
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.
Authors:
Irfan Ahmed
