Unmatched Transactions
Unmatched transactions are records that fail to pair with corresponding entries during the reconciliation matching process. They represent discrepancies that require investigation to determine whether the cause is timing, data quality, or a genuine financial exception.
Key Details
- Common causes include timing differences between systems, data format inconsistencies, and missing records
- Aging analysis tracks how long transactions remain unmatched to prioritize investigation
- Automated classification categorizes unmatched items by likely cause to streamline resolution
- Persistent unmatched items may indicate process failures, fraud, or system integration issues