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(ASC X12) 1048 Business Function Code

TYPE=ID MIN=1 MAX=3

Code identifying the business reason for this payment

Codes

COLCollection, Receipts
CONConsumer Third Party Consolidated Payment
DBTDebt Collection Payment
PCSPayment of Child Support
PENPension Payment
PRLPayroll Payment
TAXTax Payment
VENVendor Payment

Appears in

BPRBeginning Segment for Payment Order/Remittance Advice
Review post

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