Exact bank matching requires both amount and currency to agree with the existing accounting transaction. A converted amount, a payment net of a fee, or a rounded figure is not an exact match simply because it relates to the same underlying purchase.
- Compare the bank source’s amount and currency with the accounting record.
- Check supporting evidence for a fee, conversion, partial payment, or data-entry error.
- Use the appropriate accounting review to resolve the difference before attempting an exact source match.
Explain the difference before choosing an action
A fee or conversion can be a real part of the event. Changing the source amount or ignoring the currency to make a candidate appear would remove information needed for accurate accounting.
If one record contains an actual mistake, correct it through its supported workflow with the relevant evidence. If the amounts legitimately represent different components, keep that relationship visible to the accounting reviewer. Do not select a different same-amount transaction just because it satisfies the list’s conditions. Exact eligibility is necessary, but the business evidence must still identify the same event. After resolution, verify the match outcome and any separate accounting treatment required for the difference.
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