Identifies the Treasury Account information, for example, this would contain the TAS/BETC or CKey Name/Value.
Element Information
The <AccountClassification> element is a child element of the <ACH_Payment> element. The <AccountClassification> element is the first element under the <ACH_Payment> element and has a specific usage requirement of [1..100].
The <AccountClassification> element contains 5 children elements and has a sequence content model. The sequence content model means that there is a particular order to the children elements of the parent element - in this case, the <AccountClassification> element has a particular order of elements that must be followed.
Attribute Information
Name
Use
DataType
Definition
ID
[1..1]
String [0, 80]
An identifier for the record. For a receiving system, this value can be used to reconcile updates to an existing record and qualify new records. For a sending system, this value can be used to reconcile acknowledgements for the submitted records.
TaxClassCode
[0..1]
1, 2, 3, 4, 5, 7, 8, 9
Identifies the specific tax class from a specific set of values, as determined by FMS.
TreasuryAccountSymbolText
[0..1]
String [0, 27]
Contains the concatenated version of the Treasury Account Symbol.
IsCredit
[0..1]
1|0
Indicates if the item is a debit or credit, for example, a value of '1' would mean that it is a 'credit'. If the attribute is not populated or not present in the XML instance document, then the default value is understood to be '0'.