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What's New in EPM Cloud Release 20.06

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edited Jun 2, 2020 5:10PM in Account Reconciliation

Summary

Learn about what's new in EPM Cloud Release 20.06.

Content

Check out the June 2020 What's New to understand new features included in EPM Cloud Release 20.06.

Of interest for Account Reconciliation:

Ability to Split an Unmatched Transaction Amount in Transaction Matching

Splitting transactions allows you to manage timing differences for 1 to Many, Many to 1, or Many to Many matches by allowing you to match part of a transaction, leaving aside only the split remaining amount unmatched. This helps keep the number of unmatched transactions as low as possible at the end of each day and allows a reviewer to look at a reconciliation with fewer unmatched transactions. An administrator must enable this feature in order for users to split transactions.

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