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RE: Financial info exchange question
You might check and see what XBRL is doing. I remember that there was an
industry consortium working on putting GL information in XML, I just can't
remember right now who it was. Have you tried Googling XML and "general
ledger"?
At 10:34 AM 11/16/2005 -0500, Terry Vaughn wrote:
>The file format of the exchange is really a secondary concern since we have
>the flexibility to exchange the data in xml, flat file, x12, or any other
>format...although I prefer X12.
>I prefer X12 because of the existence of the 821 transaction...an existing
>standard to build on. However, if there is a "standard" DTD for xml
>transmissions of GL info, I'd be interested in hearing of that as well.
>
>I was more interested in the "common" trend for GL info exchange under the
>guise of EDI (X12).
>
>Terry E. Vaughn
>phone: 843-841-2222
>Cell: 843-319-0481
>
>
>
>-----Original Message-----
>From: [mailto: Behalf Of
>Michael Mattias
>Sent: Wednesday, November 16, 2005 8:48 AM
>To: EDI-L
>Subject: Re: [EDI-L] Financial info exchange question
>
>
> > flat files, xml ... why do edi between two entities if you control both
> > ends of the transaction?
>
>Because ANSI ASC X12 EDI is "outsource-ready?"
>
>MCM
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---------------------------------------------------------------
Michael C. Rawlins, Rawlins EC Consulting
www.rawlinsecconsulting.com
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