A message used to exchange accounting entries between anenterprise and whoever may use them for the purpose ofaccounting, auditing, cost accounting, consolidation, financialanalysis, etc.
Sources
Accredited Standards Committee X12. ASC X12 Standard [Table Data]. Data Interchange Standards Association, Inc., Falls Church, VA. http://www.x12.org
Keep a list of all X12 EDI transaction sets at hand.
