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1993 Edition, February 1993

Complete Document

COS - Crude Oil Settlements

Includes all amendments and changes through Change/Amendment , February 1993

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Product Details:

  • Revision: 1993 Edition, February 1993
  • Published Date: February 1993
  • Status: Not Active, See comments below
  • Document Language: English
  • Published By: American Petroleum Institute (API)
  • Page Count: 202
  • ANSI Approved: No
  • DoD Adopted: No

Description / Abstract:

Scope and Applicability: Because of the wide range of user industries, the ASC XI2 Standards were created to be as broad as possible and to accommodate all business needs. The generic result, although usable, has much more information than is of interest to any particular group. In a practical sense, in order for the Standards to be used in an efficient and effective manner, the scope needs to be defined in more selective terms.

This guide was prepared for use by the petroleum industry and is intended to serve as a general guideline to achieve consistency in application within the petroleum industry and with our trading partners for the processing of ANSI ASC X12 Transaction Sets.

It is anticipated companies involved in implementing EDI will utilize this guideline in developing their own guide to meet their specific needs.

The American Petroleum Institute (API) Internal Audit Committee "ELECTRONIC DATA INTERCHANGE (EDI) AUDIT CONTROL GUIDE" addresses EDI issues related to audit, security, trading partner agreements, value added networks, data security and application controls. The API guide should be reviewed in conjunction with this PIDX Implementation Guide to gain a broader perspective of the issues involved.