User encounters an error when attempting to eliminate Intercompany Transactions in the Period Closing task with the following message: “Invalid subsidiary reference key xx for accounting book xx”.
One of the reasons is due to Roles & Permissions. The role should be associated with the Subsidiaries included in the Intercompany Transactions.
- Go to Setup > Users/Roles > Manage Roles (Administrator) to open the Manage Roles page
- Click Edit or Customize the Role that you are using
- Under Subsidiary Restriction, choose Selected to show the Subsidiaries multiselect
- On the Subsidiaries multi-select list, make sure that the subsidiaries included in all your Intercompany Transactions are highlighted
- Click Save