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Why is the current version of the transactions being replaced?

April 26, 2017transactions version

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Why is the current version of the transactions being replaced?

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Posted

Just like other software applications you use, the versions become outdated and need to be updated. Version 004010 (“4010”) of the transactions was completed in 2000. Later changes, known as Version 004010A1 (“4010A1”), were completed in 2002. Since then, many technical issues were found in the transactions and new business needs were identified that could not be accommodated. ASC X12 developed version 5010 to correct these issues.