Reasons (tffam6550m000)

Use this session to maintain reason codes and the associated reason types.

Reason codes are used to categorize adjustments, disposals, transfers, and removals. They are grouped by types, according to the process to which they apply. If you perform a process that requires a reason code, you can only select a type that is valid for that process. Once a reason code is in use, it cannot be deleted from the database.

Reason codes do not affect processing, but provide information during inquiry and reporting. They are used during asset transaction processing and mass transaction processing.

You cannot delete reason codes if they are in use in any of the subsystems: acquisition, adjustment or disposal. You can delete one or multiple reason codes that are not in use.

To create a new reason code, click New. You can enter a reason code, description, and reason type.

Reason codes of the Adjustment type are attached to adjustment transactions in these sessions:

  • Asset Book Revaluation (tffam3200m000)
  • Adjust Assets (tffam8220m000)
  • Adjust Asset Books (tffam8225m000)

Reason codes of the Disposal type are attached to disposal transactions in these sessions:

  • Dispose Assets (tffam8240m000)

Reason codes of the Removal type are attached to transfer transactions in the Remove Capitalization (tffam1201m000) session.

Reason codes of the Transfer type are attached to transfer transactions in these sessions:

  • Transfer Assets (tffam8211m000)

Field Information

Reason

Reason Code

Description

The description or name of the code.

Reason Type

The reason type.

Allowed values

  • Adjustment
  • Disposal
  • Removal
  • Transfer
Capital Gains

If this check box is selected, capital gains are taken into account.

Impairment Type

Allowed values

  • Impairment Fiscally Accepted
  • Impairment Not Fiscally Accepted
  • Impair. Reversal Fiscally Accepted
  • Impair. Reversal Not Fiscally Accepted
  • Not Applicable