Select Open Receivables/Payables and Bank Settlements for Matching

After you search for unmatched cash in the Cash Matching workspace's Manual Matching tab and view the search results, you can select open receivables/payables and unmatched bank settlements for matching. The order in which you select open receivables/payables and bank settlements is not important.

To select open receivables/payables and bank settlements to match:

1. In Accounting Center, in the left navigation pane, click Transactions > Cash > Cash Matching.
   You see the Cash Matching workspace. The Manual Matching tab is active by default.
2. In the Manual Matching tab, search for unmatched cash to identify the open receivables/payables and bank settlements that you want to match.
3. Select the check box for each open receivable/payable that you want to match.
4. Select the check box for each bank settlement that you want to match.
   For partially matched bank settlements, you can use the values in the Orig Value, Settle Amt S, and Net Amount Local columns to identify the original amount of the bank settlement, the amount previously settled, and the amount available for matching.
5. As you make your selections, review the Balance amount at the bottom of the Manual Matching tab.
   The Balance amount identifies any difference or remaining amount between the selected open receivables/payables and the selected bank settlements. If the balance is equal to zero, there is an exact match, and you can fully match the bank settlement and fully settle the open receivables/payables. If the Balance is not equal to zero, you can partially match the bank settlements or open receivables/payables. Or, you can write off the difference to cash breakage.
   If you are matching cash with an event type of Disbursement:
   –  Negative Balance amount indicates that the selected open receivable/payables are greater than the selected bank settlements.
   –  Positive Balance amount indicates that the selected open receivable/payables are less than the selected bank settlements.
   If you are matching cash with an event type of Receipt:
   –  Negative Balance amount indicates that the selected open receivable/payables are less than the selected bank settlements.
   –  Positive Balance amount indicates that the selected open receivable/payables are greater than the selected bank settlements.
6. Continue to select and/or clear the check boxes for open receivables/payables and bank settlements until you are satisfied with the Balance amount.
   After you complete your selections, you can perform the match.