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. Select Consolidation, then Intercompany, and then Manage.
2. From the list of intercompany transactions, select the transaction or transactions to which to assign a reason code.

   Note:

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

3. Click Set Reason Code, or select Actions, and then Set Reason Code.
4. From the Reason Code list, select a reason code, and then click OK.