Assigning Reason Codes to Intercompany Transactions

You can assign a reason code to an intercompany transaction to indicate why it has a MisMatched status. For example, it could be mismatched because of a missing invoice from the partner entity, or an incorrect amount was entered for the transaction. Reason codes are defined by the administrator for the application, and you can select one from the list to apply to a transaction.

You can assign reason codes to individual intercompany transactions, or assign the same reason code to multiple transactions.

In addition to the intercompany transactions to which you have access, you can assign a reason code to the partner’s transaction even if you do not have All access to the entity assigned as the partner in the transaction. You can also enter comments in the Comment 2 text box to add an explanation of the reason code assignment.

  To assign reason codes:

  1. From the list of intercompany transactions, select the transaction or transactions to which to assign a reason code and click Edit.

    Note:

    You can assign a reason code only to transactions with the MisMatched status.

  2. Take one of these actions:

    • To assign a reason code to one transaction, from Reason Code, select a reason code.

    • To assign a reason code to multiple transactions, select Edit, then Set Reason Code, select a reason code and click Set.

      The reason code that you select is assigned to all the selected intercompany transactions.

  3. Click Save to save the changes.

  4. Click Close.