1. Reconciling Accounts with Account Reconciliation
  2. Reconciling Accounts in Transaction Matching
  3. Creating Manual Matches
  4. Handling Adjustments
  5. Understanding Adjustment Processing Logic

Understanding Adjustment Processing Logic

  • No adjustment can be created if the condition for Balancing attribute is set to Match Exactly.
  • No adjustments are allowed if the match process limit set to -0/+0 for Balancing attribute.
  • Adjustments are allowed if there is Matching with Tolerance Allowed and the matching falls within the tolerance specified including the actual limit amount. For example, if the match limits are set to -150 to +150, then amounts over 150 will fail as well as amounts under -150.
  • Adjustments are allowed with no restrictions if the matched with adjustment From and To values are both blank. This allows for one sided adjustments to be processed.
  • Adjustments are allowed if it falls within the From match limit and the To limit is blank. For example, if the From value is +150 and the To value is blank, you could create an adjustment whose value is $-2000.00).
  • Only the Balancing attribute condition is checked to determine if single sided adjustment can be created.
  • For Transaction Matching profiles that are integrated with Reconciliation Compliance, adjustments cannot be deleted if the Accounting Date of one or more transactions in a match set is lower than the Purged Through Date.

  • For Adjustment attributes mapped from Data Source attributes, the values for the Adjustment are copied over from the first Transaction selected while performing a Manual Match.

  • The Accounting Date displays the current date. This date is set as the Adjustment Accounting Date for the adjustment. See Setting up Due Dates in Setting Up and Configuring Account Reconciliation for additional information about how the Transaction Matching Adjustment Cutoff Time setting impacts the accounting date.
  • Users cannot open a closed adjustment whose Adjustment Accounting Date is earlier than the Locked Through Date. For Service Administrators, a prompt is displayed asking for confirmation to open the closed adjustment.