Reconciliation Rules

Reconciliation rules enable you to maximize the number of transactions that the system automatically reconciles and minimize any manual reconciliation. The Process Automatic Bank Statement program uses default rules to reconcile receipts, payments, and drafts in the F0911 table that have cleared your bank account.

Each reconciliation rule can have up to five transaction types. Each tab on the Revise Auto Reconciliation Rules corresponds to a transaction type. You assign a reconciliation code from UDC table 09/RC to each transaction type or let the system assign the default value R (Reconciled One for One Match). The reconciliation rules that you define for a transaction type consists of variance accounts, document types, tolerance limits, and so on. The system stores reconciliation rules in the F09626 table.