Settle the Remaining Amount for Open Receivables/Payables

After you match an open receivable/payable to a bank settlement, the open receivable/payable may have a very small amount left over in the Cash Matching workspace's Manual Matching tab. If you do not want to match that amount to a bank settlement, you can use the Settle Remaining option to settle the remaining amount.

To settle the remaining amount for an open receivable/payable:

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. Select the check box of the open receivable/payable that you want to settle.

3. On the Cash Matching tab, in the Actions group, click Settle Remaining.
   The system submits the settlement for the remaining amount to the accounting engine for processing. The settlement does not include a Cash Match Instance value that links it to a bank settlement. You no longer see the open receivable/payable in the Manual Matching tab.