Match Events Match Debit FTs To Credit FTs

For open-item taxpayers, the system matches credit financial transactions (FT's) to debit FT's under a match event. The following are important points about match events.

• A match event may contain an unlimited number of FT's. For example, the match event can match 2 credit FTs against a single debit FT.

• A match event contains FTs associated with a single account. While the FTs under a match event may belong to multiple obligations, all FTs under a match event must belong to the same account.

• The status of the match event is balanced when the sum of the debits equals the sum of the credits. If debits do not equal credits, the status of the match event is open and the various FTs would still affect the taxpayer's aged debt. Refer to Match Event Lifecycle for more information.