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Defining Bank Transaction Codes. Transaction codes represent the various bank transactions you will use in the Accounts Payable and Accounts Receivable applications. You define transaction codes for types of payments, such as checks or bills of exchange, or for bank services, such as deposits or service charges.
What is version 5010 of the X12 HIPAA Transaction and Code Set Standards? HIPAA ASC X12 version 5010 and NCPDP version D.0 are new sets of standards that regulate the electronic transmission of specific healthcare transactions, including eligibility, claim status, referrals, claims, and remittances.overed entities, such as health plans, healthcare clearinghouses, and healthcare providers, are required to conform to the new transaction set standards. The current transaction standard for eligibility, claim status, referrals, claims, and remittances is the ASC X12 version 4010.