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Automatic reconciliation of Journals in Cash Management

edited Mar 11, 2019 8:32AM in Payables, Payments & Cash Management 2 comments

Summary

Various ways to reconcile bank statement transactions

Content

Had a couple of queries how to suffice these requirements:

1. How can we facilitate automatic reconciliation of bank statement lines with journals directly entered and posted in GL. In the reconciliation matching rules, source 'Journal' is available but how automatic reconciliation will be enabled. Apart from matching date and amount what can be other criteria for reconciliation that we can suggest for automatic reconciliation for journals.

2. What reconciliation reference will mean for Journals, and can it be used for automatic reconciliation. 

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