The account matching process

You can match transactions:

• Automatically, in the Match Transactions Automatically (tfgld1250m000) session.

  LN performs account matching based on account matching properties and an account matching authorization scheme.

• Manually, in the Account Matching (tfgld1550m000) session.

  In this session, you can select the transactions that you wish to match.

  • If the selected transactions balance, on the appropriate menu, click Match without Transaction.
  • If the sums of the amounts of the selected transactions differ, you can click Match with Transaction or choose to Match without Transaction.

For each match, whether created manually or automatically, LN creates a matching transaction in the Matched Transactions (tfgld1551m000) session.

If you are authorized to do so, you can approve the matching transactions using the Approve/Process Matched Transactions (tfgld1251m100) session. When you click Process, LN checks whether the underlying transactions can be matched, based on the account matching authorization scheme and ledger account matching scheme assigned to you in the Account Matching Users (tfgld1152m000) session.

If you are authorized to do so, you can process the matching transactions using the Approve/Process Matched Transactions (tfgld1251m100) session. When you click Process, LN checks whether the approved matching transactions can be processed, based on the account matching authorization scheme and ledger account matching scheme assigned to you in the Account Matching Users (tfgld1152m000) session. In this step, LN creates batches and non-finalized transactions for matches with transactions.