Create reason codes

Excise Duty Management  •  Article  •  4/9/2025  •  3 min

There might be some scenarios when Items can be lost or damaged for customs. In those cases, you can make a positive or negative adjustment of the inventory and indicate whether this inventory adjustment is subject to Excise or suspended from excise reclaim or payment.

To make it work, it is possible to enter a Reason Code in an Item Journal line when posting positive or negative adjustments to the inventory.

  1. Select the Search icon , enter Reason Codes, and then choose the related link.
    The Reason Codes page opens.
  2. Choose New.
  3. Enter Code and Description.
  4. Select the No Excise on Negative Adjustment checkbox to suspend excise reclaim when inventory is under loss.
  5. Select the No Excise Duty Restitution On Positive Adjustment checkbox to suspend excise pay when inventory is corrected.
  6. Select the Excise Gain/Loss Journal Location With License checkbox when this field is set and this reason code is used on the Excise Gain/Loss Journal in a location with a license, the Subject to Excise is Yes and there will be financial integration during posting.
  7. Select the No Excise Gain/Loss Journal Location With No License checkbox when this field is set and this reason code is used on the Excise Gain/Loss Journal in a location without a license, the Subject to Excise is No and there will be no financial integration.