RFI #
2342
820 5010 2000A/B Loop Usage
Description
What is the ruling for 5010? Can both 2000A (organization) and 2000B (individual) loops be used to report payment, or is it one or the other?
RFI Response
Section 1.10.2 Data Use by Business Use identifies that the remittance information can be sent as a summary bill payment or as an individual/list bill payment. Section 1.10.2.2 Detail provides further clarification on summary vs. individual/list bills. Section 1.10.2.2 Detail provides further clarification on summary vs. individual/list bills. Table 2 can be structured in either one of two ways, with the first being a summary bill payment or the second being a list bill payment.
DOCUMENT ID
005010X279