Cash Management

Combine debit and credit transaction amounts for easier matching

Some business processes require the combining of a debit and credit for reconciliation matching. The process is now automated with reconciliation rules.

Key benefits

Save time by eliminating the number of manual matches when reconciling.

You can set up a matching rule to match a transaction and associated fees or charges in Intacct to a single bank transaction. For example, you might have a payment service transaction that incurred a transaction fee where the transaction and fee are listed as separate items in Intacct.

How it works

1. Go to Cash Management > Setup > Reconciliation rules and either create a new matching rule or edit an existing one.

2. Use grouping and filtering for increased accuracy.

3. In the Matching conditions section, select Amount (combine debits and credits) to combine amounts on bank or Intacct transactions.

When the matching rule runs, the credits and debits are combined when matching on amount.

Permissions and other requirements

Subscription	Cash Management
Regional availability	All regions
User type	Business
Permissions	Bank transaction rules: Add, Edit, List