Steps: Define Matching Rule Sets for Bank Reconciliation

You can create matching rule sets to match 1 or more bank statement lines with 1 or more operational transactions. If you're currently using bank reconciliation rules, you can copy any existing bank reconciliation rule sets to matching rule sets to use for automatic bank reconciliations.

(Optional) Copy Bank Reconciliation Rule Sets to Matching Rule Sets.

Create Segment-Based Security Groups.

Configure segment-based security groups to restrict which security groups can view and modify matching rule sets.

In the

Access to Segments

prompt, select the

Matching Type Security Segment for Bank Statement

segment from the Reconciliation Type Security Segment
category and map this segment to the security groups.

Edit Domain Security Policies.

Edit permissions to assign the segment-based security groups to these domains in the Banking and Settlement
functional area:

Access Matching Rule Set (Segmented)

: Enables you to segment the types of matching rules a user can view or edit. Example: Bank statement line matching versus journal line matching. Configure this security domain to use bank statement line matching.

Process: Matching Rule Set

: Enables you to run automatic bank reconciliation using matching rule sets.

Set Up: Matching Rule Set

: Enables you to create and edit matching rules and matching rule sets. Verify that you’ve assigned the roles that you require to view and modify matching rules.

Create Matching Rule Sets for Bank Reconciliation.

You can use AI Bank Reconciliation: Rule Orchestrator to add AI-suggested matching rules to your matching rule sets. See Steps: Update Matching Rule Sets with AI Suggestions.

Steps: Set Up Automatic Bank Account Reconciliation

The Next Level: Optimizing Bank Reconciliation