Summary
During review, distinguish clear matches, assumed matches, and items that cannot yet be matched. Unclear cases should go onto a confirmation list, not automatically be treated as violations or have their figures changed.
A common situation
Illustrative scenario: An accountant matches bank statements to invoices, then pauses at two lines with the same amount. One transaction pays several invoices; another is only an initial installment. She needs to identify the correct relationships, not merely match numbers.
Three steps you can try
- Use codes and reference information.
- Separate clear matches from assumed matches.
- Move unclear items onto a confirmation list.
What to remember
During review, distinguish clear matches, assumed matches, and items that cannot yet be matched. Unclear cases should go onto a confirmation list, not automatically be treated as violations or have their figures changed.
This is a hypothetical illustration, not an ACC customer testimonial or project result.
