What is the FRC Transaction Count by CO Report

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The FRC Transaction Counts by CO report provides a snapshot of the transactions that have been reviewed for a cost object during a specific fiscal period. Users must first select one or more fiscal period(s) and then select a limit (Profit Center, Cost Object, Supervisor or Fund Center). The report will populate available selections based on the limit selected. This report may be used to track progress of the monthly review as it loads saved data from the FRC application every 5 minutes.

The definitions for each field in the report are as follows:

1. Number of Transactions = total number of transactions/lines that are loaded into the tool for a given month.
2. Transactions Reviewed = total number of line items that have been given any status (DR, VR, IS and RES).
3. Transactions Not Reviewed = Calculated ‘Number of Transactions’ minus ‘Transactions Reviewed’ (or total number of line items with no status).
4. Highlighted Transactions = total number of line items marked for review (all yellow lines), both High Risk (H) and/or Review (R), regardless of status.
5. Highlighted Transactions Not Reviewed = total number of line items marked for review (all yellow lines), both High Risk (H) and/or Review (R), that do not have any status.
6. Open Issues = total number of line items that have a current status of “IS” Issue Identified.
7. Issues Resolved = total number of line items that have a current status of “RES” Resolved.

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