EDI Transaction Set
EDI 819: Joint Interest Billing And Operating Expense Statement
EDI 819 is the X12 Joint Interest Billing And Operating Expense Statement transaction set, used within Electronic Data Interchange (EDI). , the operation of a petroleum lease or property having multiple owners).
What the 819 transaction set covers
Joint Interest Billing and Operating Expense Statement This X12 Transaction Set contains the format and establishes the data contents of the Joint Interest Billing and Operating Expense Statement Transaction Set (819) for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set can be used to transmit periodic expense details from the operator of an asset to the various owners of that asset (e.g., the operation of a petroleum lease or property having multiple owners).
How Interlink handles the 819
Interlink Commerce maps, transmits, and monitors the 819 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.