About Creating Reconciliations in Transaction Matching

After the required profiles have been created, you can create reconciliations.

Users of Transaction Matching can access the Matching functionality of Transaction Matching immediately upon linking the Profile to one of the three Transaction Matching formats, since it shows up under the Matching card at that point.

If information is missing from a profile - for example, a preparer is not specified – a reconciliation is not created. If the period already contains reconciliations, reconciliations with Pending status are overwritten with the information in the profile. Reconciliations with Open or Closed status are not updated.

Follow the steps in Creating Reconciliations to create a reconciliation.

Watch a Creating Reconciliations Video

Click this link to watch the video: