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Transaction Matching (TM) |
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Sun Documentation -
Accounts Receivable
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Page 1 of 6 Transaction Matching (TM) allows you to allocate or match together transactions on an account and enables you to automate the allocation/matching process. You define two types of rules for the matching process:
selection criteria - which determine the transactions considered for matching
match criteria - which are the fields that must match for transactions to be allocated together.
You can choose to post the allocations automatically, or to simply report on them. You can also choose to report on:
any transactions that fall within your selection criteria and remain unmatched
all unmatched transactions, unmatched debits, and unmatched credits
all the matched transactions.
Click here to see the screenshot
If you want to allocate transactions on an account without entering any transactions to the ledger, you can use Transaction Matching. This automates the allocation process within the criteria you specify.
Transaction Matching is similar to Account Allocation (AA) and the online allocation function in Ledger Entry. It allows you to allocate or match transactions. However, Transaction Matching goes a step further by enabling you to automate the allocation/matching process.
An account type and range of account codes are entered, and depending on other criteria specified, matching debit and credit transactions on an account are selected and matched. During the matching process, settlement discount, tax on settlement discount, and currency exchange gain and loss transactions, can be generated.
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Sun Documentation 
