You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Auto reconciliation issues in cash management

edited Aug 6, 2019 7:01PM in Payables, Payments & Cash Management 6 comments

Summary

Auto reconciliation issues in cash management

Content

Hi,

We are having issues with auto reconciliation of remittances in cash management. CE is auto reconciling cheque remittances against EFT remittances in error and posting the difference to service charges (amounts are not an exact match but within tolerance rules). Our EFTs are one to one but our cheques are remitted in batches (one to many). To correct we have to find the missing cheque under the reconciled transaction, unreconcile and then manually reconcile.

We have tolerance rule set up for date (+/- 10 days), amount (+/- $1) and percentage amount (+/- 0.1%).

Our matching rules and rules sets are below.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!