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Bank reconciliation

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Posted on by Cloudboy

Our company is new to Business Central. We have a few dozen banks. Some of them have thousands of transactions per month. We were given 2 options for Bank reconciliation, Automatic or manual. Neither seems ideal so far.

From what I was told, the drawback for automatic matching is that it will not allow any transactions to be selected or deselected. The drawback of manual matching is that the several hundred checks will have to be matched one by one. Which option do most people use? Are there any suggestions for the best solution for our situation?

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Andy Sather on at

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With automatic, once this is ran you can manually remove/add lines. I have seen companies use either option (automatic or manual). I will open this post up to the community to provide guidance.

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Cloudboy 9 on at

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The problem with the automatic is to my knowledge there is no one to many matching. So we would have to go in and filter for numerous one to many transactions.

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Community Member on at

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Hello,

You can run the Match Automatically and if their was an error or mismatch, Remove the Match. You have options and can do a little of both.

Hope this helps.

Thanks,

Steve

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