Requests for exceptions

In the Requested Exceptions for Integration Transactions (tfgld4585m000) session, enter a request to log and post integration transactions to specific financial periods.

You can enter the fiscal year and period, the reporting year and period, and/or the tax year and period to which the integration transaction must be posted. Only the fields that correspond to a Closed period are enabled.

By default, LN displays the year and period that corresponds with the transaction date of the integration transaction.

You can perform one of the following actions:

  • To create a request for posting the integration transaction to the Closed period, use the default value.
  • To create a request for posting the integration transaction to a different period, enter the period number. The new period can be Open or Closed.

If the transaction still cannot be logged, LN displays an error message on the user’s screen when the transaction is created. For example, if the Closed Period Handling option is Post to current period and the current period is Closed, LN cannot log the transaction. To solve the problem, you can change the transaction date to a date in the next Open fiscal period.

Note: 

The employees who have permission to run the Approve Requested Exceptions for Integration Transactions (tfgld4585m100) session are authorized to approve the requests.

You cannot post transactions to a financial period that has the Finally Closed status. Periods should only be set to Finally Closed when the financial year is closed.

Example

For example, the integration transaction was created in period two of the fiscal year 2005.

For the period type selected for the integration document type, the periods have the following status:

  • Fiscal period 2005/2 is Closed
  • Tax period 2005/2 is Closed
  • Reporting period 2005/2 is still Open

LN posts the integration transaction to Reporting period 2005/2. You cannot change this setting. For the Fiscal period and the Tax period, you can enter a period number.

If you accept the default value 2005/2, LN creates a request to post the transaction to a Closed period.

If you enter a different number, for example, 2005/3, LN creates a request to post the transaction to a period that does not correspond with the transaction date.

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