Managing Reason Codes

When intercompany transactions are created in the application, they have a default match status of UnMatched. During the Auto-Match process, the match status is updated to Matched or MisMatched.

You can define reason codes to indicate why a transaction has a MisMatched status. For example, this might be due to a missing invoice from the partner entity, or an incorrect amount entered by the partner. After you define the list of valid reason codes for the application, users can select from the list and assign one of the codes when they enter intercompany transactions.

If the Match/Validate Before Post option is selected for the period, you can post transactions with a Matched status, or transactions with a MisMatched status that contain a valid reason code.

You can add, edit, or delete reason codes for an application.

See these procedures:

• Adding Reason Codes

• Editing Reason Codes

• Deleting Reason Codes