EDI Transaction Set
EDI 414: Rail Carhire Settlements
EDI 414 is the X12 Rail Carhire Settlements transaction set, used within Electronic Data Interchange (EDI). The transaction set can be used to provide for the exchange of Carhire Settlement data including, but not limited to, the following: Current Settlements, First Adjustment Settlements (no penalty), Prior Settlements (penalty on foreign equipment), Summary Transactions and Reclaim Transactions.
What the 414 transaction set covers
Rail Carhire Settlements This X12 Transaction Set contains the format and establishes the data contents of the Rail Carhire Settlements Transaction Set (414) for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set can be used to provide for the exchange of Carhire Settlement data including, but not limited to, the following: Current Settlements, First Adjustment Settlements (no penalty), Prior Settlements (penalty on foreign equipment), Summary Transactions and Reclaim Transactions.
How Interlink handles the 414
Interlink Commerce maps, transmits, and monitors the 414 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.