Auto Bank Reconciliation

Scheduled bank reconciliation batch, statement import and payment journals with bank sync. Includes scheduled bank syncs with all EU banks and Wise in SG and HK, scheduled banks outside the EU with most countries in the world.

• Automatic journal creation
• Pre-configured templates
• Transaction ID linked to bank statement download for additional information and visibility of bank data

Business Central uses intelligent matching rules to accurately match transactions between your bank and ledger entries automatically.

• AI powered transaction matching
• Customizable matching rules
• Partial matches suggested

Incoming and outgoing payments are automatically applied to open customer and vendor invoices, helping you maintain up-to-date accounts receivable and payable balances.

• Auto-apply to invoices
• Real-time balance updates

Handle complex payments easily—when a single payment covers several invoices, Business Central automatically applies it to all related entries.

• One payment, multiple invoices
• Automatic distribution

Ability to split a transaction line to a maximum of 4 transactions for detailed categorization and tracking.

• Split up to 4 ways
• Detailed categorization

Reconcile transactions in foreign currencies with built-in exchange rate handling, ensuring accurate currency conversions and postings.

• Automatic exchange rates
• Forex gain/loss calculation
• Test reports for control