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What is a 414 - Rail Carhire Settlements document?

The 414 EDI document type contains information regarding the 414 Carhire Settlements Transaction Set (414) for use within the context of an Electronic Data Interchange (EDI) environment.Standard EDI formats include X12, ANSI, EDIFACT and its subsets.

What makes up the 414 - Rail Carhire Settlements document?

An EDI 414 - Rail Carhire Settlements document is organized into segment and data elements. A segment can contain at least one data element. Each data element contains a data field. Examples of data elements on the 414 EDI document includes Current Settlements, First Adjust-ment Settlements (no penalty), Prior Settlements (penalty on foreign equip-ment), Summary Transactions and Reclaim Transactions. There are an infinite number of possibilities available for a company to include data on an 414 - Rail Carhire Settlements.

How is a 414 - Rail Carhire Settlements used?

The purpose of 414 Rail Carhire Settlements document is to be used to provide for the exchange of Carhire Settlement data.

How is a 414 - Rail Carhire Settlements processed?

An EDI solution is required to process the EDI documents received into an ERP or accounting system or into a readable format for manual entry. Each trading partner will have an EDI Implementation guide outlining the specific segments, data elements, values accepted, and the applicable business rules to be followed.

eBridge Connections has pre-built maps for all EDI transaction documents including 850 purchase orders, 810 invoices, and 856 advance shipping notices.