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Below you will essential information in regards to this EDI. If you have any specific questions about integrating your EDI with your ERP and eCommerce please reach out. Take advantage of our "start planning" feature to map out your integration needs.
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What is a 561 - Contract Abstract document?
The 561 EDI document type The 561 EDI document contains information on the Contract Abstract Transaction Set (561) 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 561 - Contract Abstract document?
An EDI 561 - Contract Abstract document is organized into segment and data elements. A segment can contain at least one data element. Each data element contains a data field. Data elements could include financial information, dates pertinent to the administrative closing of a contract file, and logistics information necessary to evaluate contract closeout status. There are an infinite number of possibilities available for a company to include data on an 561 - Contract Abstract.
How is a 561 - Contract Abstract used?
The Contract Abstract Transaction Set (561) can be used to abstract a new contract, abstract a change in terms of a previously abstracted contract, or to correct a previously transmitted abstract. The 561 EDI document is a bi-directional transaction set that includes the information necessary to administer a contract, including modifications and corrections to that contract, and pro-vides an acknowledgment mechanism to enable management of the contract administration process. The Contract Abstract Transaction Set (561) is normally used internally within a business entity as a post-award management report, when the purchasing and contract administration functions are separated within that entity.
How is a 561 - Contract Abstract 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.