The term RELEASE in TLM means which of the following ?
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Outstanding to History
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History to Outstanding
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None of the above
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Advisory to Outstanding
In TLM, RELEASE moves items from Outstanding to History status. This action indicates the item has been processed and is no longer outstanding, becoming part of the historical record.
In TLM (transaction/reconciliation lifecycle management), RELEASE means moving an item from Outstanding to History — i.e., once an outstanding (open/unmatched) transaction is resolved/matched/settled, it is "released" out of the active outstanding list and archived into history. This models the typical lifecycle of reconciliation items: they start as outstanding and get released to history once cleared, not the reverse (History to Outstanding would mean reopening a closed item, which is a different action, e.g., a reversal).