Client is running a period update and receives error message:
A cost base adjustment cannot be matched
This article will address one of the causes of this error:
A cost base adjustment in prior years have not been matched to existing parcels.
A cost base adjustment includes:
- Capital return
- Tax free
- Tax deferred
To resolve this issue, review the parcel history for this investment on the Maintain Parcel Matches screen.
Navigate to Fund level > Periodic Processing > Maintain Parcel Matches
- Enter the investment name into the Holding Account field
- Select the investment from the drop-down list
- Click on Edit to the Parcel Adjustment event - the Edit button will turn to Cancel
- Tick the un-ticked checkboxes appear
- Click on Save
Further information is available on Period update error: A quantity adjustment for XXX on XX.XX.20XX cannot be matched" and other period update errors Period Update Error Messages: Summary .