Match Cash Manually
- Nancy Cohn (Deactivated)
- Jawann Swislow
- Pamela Totas (Deactivated)
In the Cash Matching workspace's Manual Matching tab, you can settle cash as you match actual cash settlement records sent to the Eagle system from a bank, custodian, or third party to receivables and payables created in Eagle's Accounting solution. When you use cash segregation, you can perform manual cash matching for the bank settlements that remain unmatched after you match cash automatically. A manual match is also called a forced match.
Because manual cash matching helps you manage exceptions, the Manual Matching tab also provides you with information needed to research unmatched bank settlements and helps you to determine whether or not to force a match that exceeds any defined tolerances that apply to automated cash matching.
About the Manual Matching Tab
The Manual Matching tab includes the following areas:
Search Details pane
Open Receivables/Payables grid
Bank Settlements grid
Comments History, which lists notes for the selected bank settlement
Position Details for the selected open receivable/payable
Perform Manual Matching
When you perform manual matching, you usually perform the following tasks at a minimum:Â
Search for the open receivables/payables and bank settlements you plan to match.
Select the check box for each row for the open receivables/payables and bank settlements to use for the match,
The open receivables/payables appear in one pane; the bank settlements appear in a separate pane.Match the open receivables/payables and bank settlements.