Generating Incoming Confirmations

In order to reconcile incoming confirmations with outgoing confirmations, proceed as follows:

  1. Choose Back office ® Correspondence ® Incoming confirmations.
  2. Choose the product type you require.
  3. Enter the key values to be used for entering confirmation data, e.g. company code, partner, currency, interest rate, etc., in the corresponding fields.
  4. Save the data entered.

Incoming confirmations can only then be processed if an outgoing, external correspondence (e.g confirmation) has been previously created. The ‘Counterconfirmation required’ indicator must be set in the standing instructions. If the allocation is not unique, a message appears asking you to make it unique.

The counterconfirmation status is set as ‘reconciled’ once the confirmations have been reconciled.