When will unmatched transactions from Transaction Matching be included in the reconciliation aging?
Background: During ARCS implementation we determined Intercompany Transaction Matching was a work driver for IT (Data Load Rules to bring in Transactions), ARCS Admin (Deleting Unmatched Transactions) and the Preparer (loading transactions). Now, that we have implemented Auto Submit/Approve within the $50 threshold for Intercompany less than 5%, 40 reconciliations, would require transaction detail and need to be manually submitted.
As we begin to discuss using Transaction Matching, any unmatched transactions should be included in the account reconciliation aging. The transactions are linked to the account reconciliation and included in the balance summary, but not in the aging calculation. Resulting in: