Learn about Common EDI Transactions

EDI transactions are used by business trading partners to exchange documents in a standardized format, allowing for automation and streamlining of purchase orders, invoices, acknowledgements, payments and more. 

Learn about Common EDI Transactions

EDI 851 - Asset Schedule

What is an EDI 851 Asset Schedule?

The EDI 851 Asset Schedule provides the practices relative to establishing a schedule of assets and terms relating to those assets agreed upon by the parties making the arrangement.

How is an EDI 851 Asset Schedule used?

An EDI 851 Asset Schedule is most often used when two parties agree upon a contract dealing with assets and terms relating to them. After the 851 Asset Schedule is received, a 997 Functional Acknowledgment is sent back from the receiver indicating that the 851 Asset Schedule was successfully received.

Modern EDI Services with Cleo

With Cleo, you can choose the EDI Services package that best fits your business.

You can create and deploy your own integrations using Cleo's intuitive, self-service design platform. You can utilize Cleo's EDI managed services team and take advantage of 900 person-years of experience to design and build your integrations. Or you can blend our EDI expertise and your business knowledge together in any manner that suits your use case. 

The choice is yours.

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