| # Frequently used accounts for account matching Sundry debtors and creditors accounts This account records receivables and payables that are not directly attached to the operating business cycle. For example, to register assignment expenses to be refunded and for which the posting is uncertain at the time of recording. This record is also used to record purchases on behalf of third parties, that must not be posted to the profit and loss account. Suspense accounts An account that records operations that cannot be posted definitely to an account. However, such accounts must not appear on the balance sheet. For example, when bank reconciliation is carried out to bring the balance of the company's account into line with that of the bank, the unidentified movements (such as customer payments) listed on the bank statements are posted to a suspense amount. Internal transfer accounts These clearing accounts are used for practical and controlled accounting operations, such as transferring cash funds to a bank account. In addition, such accounts are used for operations that require several accounting journals. Internal accounts must not appear on the balance sheet. Intracompany sales accounts These intracompany accounts are debited for goods and services provided, and credited for goods and services received. The accounts of a company's various branches must balance out and must not appear on the balance sheet. Account advances granted for personnel This is an account that records debit advances and credits them to salaries from which the advances are deducted. Group accounts These accounts record temporary advances of funds within companies of the same group. For some interim accounts, ERP Enterprise automatically generates the transaction reference when the transaction is created. For example, the transaction reference can consist of the transaction origin plus the order number. Note Although you can perform account matching on ledger accounts that are used for integration transactions, it is recommended to use the reconciliation process. Related topics Account matching Basic rules for account matching To match with a matching transaction To set up account matching The account matching process Rebuild GL accounts for matching |