1. User's Guide
  2. Processing Intercompany Transactions
  3. Matching Intercompany Transactions
  4. Match Code

Match Code

When you create a transaction, it has a status of Unmatched and a default of blank for the Match Code. After you perform the matching process, the system changes the matching status to Matched and generates a match code. It is for display only and you cannot change it manually.

The same match code applies to all the matching transactions in a group. For example, if you match the following transactions, the same code applies to all the transactions in this group. If there are reversed transactions, the system considers them a separate group and assigns them a separate match code.

During the match by ID process, the system subdivides all the intercompany transactions with the same transaction or reference ID into separate groups based on their account type. It then assigns a separate match code and match status to each group of transactions with the same ID.

When the system generates the match code during the matching process, it uses one of these prefixes to distinguish the different types of matching processes:

  • A - Auto-matching performed using accounts

  • I - Auto-matching performed using the transaction ID

  • R - Auto-matching performed using the reference ID

  • M - Manual matching performed

    Table 10-8 Match Code Example

    Entity Partner Account Tran ID Tran Amt Match Status Match Code

    A

    B

    ICRec1

    XY234

    100

    Matched

    A11

    A

    B

    ICRec2

    XY235

    300

    Matched

    A11

    B

    A

    ICPay1

    XY234

    100

    Matched

    A11

    B

    A

    ICPay2

    XY235

    300

    Matched

    A11

For the Match by Account process, you can select the option to group by transaction currency. If one group of transactions has a different transaction currency than another group, the system generates separate match codes for the different groups.