Process

The processing options on this tab are used only by the Debit Credit Match program.

1. Reconciliation Type

Specify an option that specifies the type of processing for an event. Values are:

Blank: Bank Account Reconciliation.

1: Matching Debit Credit Reconciliation.

2. Debit Credit Balance

Specify whether debits and credits are required to balance. Values are:

Blank: Not required to balance.

1: Required to balance

3. Tolerance Limit

Specify the tolerance amount by which debit and credit transactions can be out of balance. This processing option is used only when you enter 1 in the Debit Credit Balance processing option.

If you enter 1 in the Debit Credit Balance processing option and you leave this processing option blank, debits and credits must balance exactly or the system generates an error.

If you enter 1 in the Debit Credit Balance processing option and you specify an amount for this processing option, the difference between the debit and credit transactions must be less than or equal to the tolerance amount. If the debit and credit transactions are out of balance by the tolerance amount, they are considered reconciled and the system does not generate an error message. For example, if you enter 5.00 in this processing option, debits and credits can be out of balance by 5.00. If debits and credits are greater than the tolerance amount, the system generates an error message.

4. Sort By

Specify how the system should sort transactions. Values are:

Blank: Sort transactions by general ledger date.

1: Sort transactions by amount. The system sorts the transactions by amount, regardless of whether they are debits or credits. You can see an amount with the debit and credit together as opposed to searching for the offset of the amount by the general ledger date.