Specifies how many entries for a customer or vendor must match the amount including payment tolerance before the application rule will be used to automatically apply a payment to the open entry.

You can select one of the following options:

Option Description

Not Considered

The application rule does not require that entries for the customer or vendor have matching amounts.

One Match

The application rule requires that one customer or vendor ledger entry matches the amount including payment tolerance.

Multiple Matches

The application rule requires that multiple customer or vendor ledger entries match the amount including payment tolerance.

No Matches

The application rule requires that no customer or vendor ledger entries match the amount including payment tolerance.

Note
If you use payment discounts, and if the payment date is before the payment due date, then the Remaining Amt. Incl. Discount field in the Payment Application window will be used for matching. Otherwise, the value in the Remaining Amount field will be used.

If the payment was made with a discounted amount after the payment due date, or the full amount was paid but a discount was granted, then the amount will not be matched.

In the Payment Application Rules window, you choose to what degrees you want specific data on a payment reconciliation journal line to match with data on one or more open entries before the related payment is automatically applied to the open entries. The quality of each automatic application according to application rules is shown as a value of Low to High in the Match Confidence field in the Payment Reconciliation Journal window. For more information, see How to: Set Up Rules for Automatic Application of Payments.

Tip

See Also