EDI Transaction Set
EDI 185: Royalty Regulatory Report
EDI 185 is the X12 Royalty Regulatory Report transaction set, used within Electronic Data Interchange (EDI). The transaction set can be used to provide royalty regulatory data for extraction of minerals and petroleum products from leased property. The data can be sent to federal and state government agencies to meet regulatory requirements.
What the 185 transaction set covers
Royalty Regulatory Report This X12 Transaction Set contains the format and establishes the data contents of the Royalty Regulatory Report Transaction Set (185) for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set can be used to provide royalty regulatory data for extraction of minerals and petroleum products from leased property. The data can be sent to federal and state government agencies to meet regulatory requirements. The data can be exchanged between private industry trading partners for information purposes.
How Interlink handles the 185
Interlink Commerce maps, transmits, and monitors the 185 for you as part of fully managed EDI — connected straight to your ERP or systems, certified against your retailer’s requirements, and billed only when you trade. Most suppliers go live within 30 days.