High-level Steps to Configure Integration of Transaction Matching with Reconciliation Compliance

Before you can integrate Transaction Matching with Reconciliation Compliance, certain setup tasks must be completed.

To configure Transaction Matching to use the period-end workflow for a reconciliation:

1. Create a match type.

   The match type determines how the Transaction Matching process will work for accounts that use this match type. This includes configuring data sources and defining match processes.

   After configuring the match type, test it to verify that transactions are being loaded correctly and matching is performed as required.

   See Creating Match Types in Setting Up and Configuring Account Reconciliation.

2. Create a format and associate this format with the match type created in the previous step.

   The reconciliation methods supported when you integrate Transaction Matching with Reconciliation are Balance comparison with transaction matching and Account analysis with transaction matching.

   See Creating Formats in Setting Up and Configuring Account Reconciliation.

3. Create a profile and link it to the format created in the previous step.

   See Creating Profiles in Setting Up and Configuring Account Reconciliation.

4. Create the reconciliations.

   See Creating Reconciliations.