Account matching

You can match credit and debit entries of multiple transactions on the same ledger account to each other. A matching transaction can be generated to solve differences that are within the specified tolerances.

Account matching is usually performed on the following types of ledger accounts:

When you close a period, the balance of these ledger accounts must be zero or the smallest amount possible. Usually, the related postings balance and can be matched. If the amounts of the related transactions differ by a small amount, LN can generate a matching transaction to balance the account.

When you analyze these accounts, you can print a report of the transactions that balance and you can examine the unmatched postings.

Note
  • To perform account matching, you must be listed in the Account Matching Users (tfgld1152m000) session. In this session, a user's authorization is defined by an account matching authorization scheme and a ledger account matching scheme.
  • During matching, LN does not check whether specific transactions can be matched. Instead, LN performs this check when the resulting matching transactions are approved.
  • Account matching can only be performed on finalized transactions in the local currency.

Related topics