BankData Fast Coding - Advanced Matching

In some situations you may want to match a transaction from your Bank Feed to a Reckon Hosted transaction that hasn't yet been recorded against your bank account, for example an unpaid invoice, unpaid bill or an undeposited payment (either a Customer Payment or a Sales Receipt that is recorded against the Undepoisted Funds account).

When this occurs you can Manually find the Match by using the Advanced Match window.

To access the Advanced Match window, open the Account drop down and select the Match Transaction option.

The Advanced Match window will display. On the Money In side, you will be given a list of all unpaid Invoices as well as undeposited Sales Receipts and Customer Payments.

On the Money Out side, you will be given a list of unpaid bills.

The details of the Bank Transaction you are matching against are displayed at the top of the page.

You can use the Show dropdown to filter the list for one particular type of transaction, or you can use the Search function to find a specific Reference Number or Contact Name etc.

Once you have selected the transaction(s) you want to match against. Click Match Transaction

What happens when you match against a transaction?

When you match the Bank transaction to an open transaction in Reckon Accounts Hosted, the below actions will occur in your Reckon Hosted Data File:

Transaction Type

Action

Invoice

A Customer Payment linked to the invoice will be created in Reckon Hosted

Sales Receipt/Customer Payment

A Deposit linked to the Sales Receipt or Customer Payment will be created in Reckon Hosted

Bill

A Bill Payment linked to the outstanding Bill will be created in Reckon hosted

Removing a Match

After you use the Advanced matching window to match to an outstanding transaction, if you choose to remove that match (by using the Delete or Backspace key) an 'Unmatch transaction' message will appear, from here you can choose to either Unmatch, leaving the transaction in Reckon hosted or Delete, which will also delete the transaction from Reckon Hosted

How did we do?

Connecting BankData Fast Coding to Reckon Accounts Hosted

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