Initial Exercises—Match Transactions

Initial Exercises

Purpose: The purpose of this initial exercise is for the instructor to demonstrate the basic functionality in Match Transactions, which entails:

• Matching Account Transactions

Matching Account Transactions

Purpose: The purpose of this exercise is to show you how to match one or more debit transactions from one specified account with one or more credit transactions from the same account.

Windows:
Account Matching

1. Open Account Matching and specify Account 1614 and Matching Date 12/31/01.
2. Click OK. The unmatched transaction rows for the selected account up to and including the specified date are displayed on the screen.
3. Select the rows that you want to match. You can do this either by selecting the Match Transaction check box for each row or by selecting the appropriate right mouse button option. The selected rows are displayed in the lower part of the window.
4. Save your changes to confirm the matching.

Note: When balanced transactions are matched, they are updated with a matching date and matching number. You can see this in GL Voucher Rows Analysis and GL Voucher Details Analysis. If the debit and credit amounts are different, i.e., the difference is not zero, the matching can still be saved with a preliminary matching number, i.e., a number starting with PR.