Creating Balancing Entries

Create Balancing Entries

• • Balancing Entries are created on the Manual Recon screen when there is a match difference. I.e. the total number of transaction units does not equal the total number of confirmation units

  • Balancing entries can only be created if the match difference falls within the Fund Match Variance. This variance can be adjusted in the fund setup screen

  • Clicking the Ok button will create two new transactions – one positive entry and one negative entry. In this instance the match difference was negative so the positive entry will be used in the recon and the negative entry will remain on the manual reconciliation screen and be used to generate market actions and be reconciled at a later stage

View of the matched entries. Note: the Value Date given to the balancing entries is always the latest Value Date of the entries included in the match.