A register used to record financial transactions and to accumulate the values of the transactions for reporting and analysis. The ledger accounts classify the transactions into categories such as revenues, expenses, assets, and liabilities.
Account Matching (tfgld1550m000)Use this session to match transactions of a ledger account manually. If required, you can add transactions to an existing set of matched transactions. To match two or more transactions, take the following steps:
For each match LN creates a matching transaction in the Matched Transactions (tfgld1551m000) session. Note
References Account Matching Ledger Account A register used to record financial transactions and to accumulate the values of the transactions for reporting and analysis. The ledger accounts classify the transactions into categories such as revenues, expenses, assets, and liabilities. Year/Period A separate period, or year for financial purposes. Three financial period types exist:
Year/Period A separate period, or year for financial purposes. Three financial period types exist:
Amounts Amount in Invoice Currency The amount in the invoice currency. Ledger Balance The balance of the ledger account. Unmatched Balance The balance of unmatched transactions. Unmatched Balance The total number of unmatched transactions. Matched Balance The balance of matched transactions. Matched Balance The total number of matched transactions. Approved Balance The balance of approved transactions. Approved Balance The total number of approved transactions. Processed Balance The balance of processed transactions. Processed Balance The total number of processed transactions. Non-Finalized Transactions If this check box is selected, the amounts of non-finalized transactions are included in the balance amounts. Transaction Reference A user-defined description of the transaction. Document A user-defined three-position code used to identify documents. The series linked to the transaction type give documents the sequence number. Document Number The identification of a transaction. The document code is a combination of:
Document Number The document line number of the transaction. Sequence Number The sequence number of the document. Background Sequence No. Background sequence number. Document Date The transaction date in Financials. The document date is always registered in local time. Usually the document date is the same date as the transaction date, except if you manually enter a different transaction date in Financials or if the UTC time and the local time differ by a day. Debit Amountin HC The debit amount in the home currency. Credit Amountin HC The credit amount in the home currency. TransactionAmount The transaction amount. Transaction Amount The currency used in the transaction document. Select by Tax Period Matching Code A generated code used to group matched transactions. Document Details Correction Document If a correction transaction was created, this field shows the transaction type part of the correction document number. Correction Document If a correction transaction was created, this field shows the correction document number. Reference Amount in Home Currency Amount in Home Currency Country for Tax The country in which the tax must be paid. Tax Code A code that identifies the tax rate and which determines how LN calculates and registers tax amounts. Transaction Category A way to categorize transaction types, for example journal vouchers, recurring/reverse journals, purchase invoices, and sales invoices. The category defines how to process a transaction linked to the selected transaction type. Matched If this check box is selected, the transaction was matched. Approved If this check box is selected, the transaction was approved. Processed If this check box is selected, the transaction was processed. Finalized If this check box is selected, the transaction was finalized. Fiscal Year A separate period, or year for financial purposes. Three financial period types exist:
Fiscal Period A separate period, or year for financial purposes. Three financial period types exist:
Business Partner A party with whom you carry out business transactions, for example, a customer or a supplier. You can also define departments within your organization that act as customers or suppliers to your own department as business partners. The business partner definition includes:
You address the business partner in the person of the business partner's contact. The business partner's status determines if you can carry out transactions. The transactions type (sales orders, invoices, payments, shipments) is defined by the business partner's role. Matched/Approved/Processed in Fiscal Year The fiscal year in which the status change occurred. Matched/Approved/Processed in Fiscal Period The Financial period in which the status change occurred. Dimensions Cash Flow Reason An indication of the kind of cash transaction. Transactions to which you link a reason code of the Cash Flow type are included in the cash flow statement, sorted by cash flow reason. Reconciliation Area A general area on which you can perform reconciliation, for example, Inventory, Production Order WIP, Interim Costs, and Invoice Accrual. The reconciliation area and subarea together form a reconciliation group which represents a group of integration ledger accounts. Reconciliation Subarea A further division of a reconciliation area into the kinds of origins of the transactions. For example, the Interim Costs and Invoice Accrual reconciliation areas are divided into many subareas such as Sales Order, Purchase Order, and Service Order. The reconciliation area and subarea together form a reconciliation group which represents a group of integration ledger accounts. Integration Account A ledger account used for integration transactions. You can use the account for other transaction types, such as manual transactions, only if you specify exceptions. To maintain data integrity for reconciliation purposes, by default, you cannot manually enter transactions on an integration account. To correct postings on integration accounts, two methods are available:
Dimension 1-5 Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information.
Show All All transactions (matched and unmatched) are displayed. Show Unmatched Transactions Only the unmatched transactions for the ledger account are displayed. Show Only Matched Only the matched transactions for the ledger account are displayed. Match with Transaction Matches transactions of which the difference exceeds the specified tolerances. Match without Transaction Matches transactions of which the difference is less than or equal to the currency tolerance. No new transaction is created. Unmatch Cancels the matching transaction. Show All Ledger Accounts Shows all ledger accounts for which account matching can be performed, regardless of user authorizations. Show User Ledger Accounts Shows only the ledger accounts for which the current user can perform account matching. Calculate Balances LN calculates the totals. For performance reasons, by default, LN only calculates the ledger balance, based on the period selected.
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