In ICMR, what is the purpose of exception handling?

• A. To automate all reconciliation tasks
• B. To enhance user-interface interactions
• C. To resolve discrepancies that arise during matching
• D. To slow down the reconciliation process for review

Answer: (C)

In the context of SAP Intercompany Matching and Reconciliation (ICMR), exception handling serves a crucial role in managing discrepancies that occur during the reconciliation process. When intercompany transactions are recorded, various factors—such as timing differences, incorrect amounts, or missing entries—can lead to mismatches between the accounts of different entities.

The primary purpose of exception handling is to identify and resolve these discrepancies efficiently. It allows users to detect issues that may prevent successful matches and addresses them systematically, ensuring that the reconciliation process remains accurate and streamlined. By focusing on discrepancies, exception handling helps maintain the integrity of financial reporting and enhances the overall effectiveness of the reconciliation process.

This proactive approach not only aids in pinpointing errors but also provides tools and workflows for rectifying those issues, enhancing the user experience and supporting timely financial closes.