Match to Payment

The Matched to Payment feature applies to any of the Bank Transaction types, depending upon whether they are a Receipt or a Payments. If the Receipt or Payment type does not already exist, it will have to be created which can be done from the Bank Reconciliation screen.
 

Exact Matches Only
The Matched to Payment feature always requires an exact match. Any difference with a Bank Statement Line must be resolved by correcting the original Transaction or creating a new one.
 

Multiple Items
Match to Payment allows a single Bank Statement Line to match to thousands of Payments across any number of Accounts, for example a Direct Debit. However, they must all be of the Transaction type: a Sales Payment for Direct Debits.

Step-by-Step Process

1. Import the Bank Statement.  For help with this see Importing a Bank Statement.
2. From the Bank Menu, select the relevant Bank Account.
3. Click Reconcile.

When the Bank Statement Receipt or Payment Amount exactly matches the Bank Transaction Type(s), Yes will be displayed.
                       

1. Click Yes.
2. Check that the match is correct by inspecting the Bank Statement details versus the matched Bank Transaction.
3. Click Reconcile.

If the multiple Payments or Receipts are being matched, then click the Drop-Down Menu and Select Match to Payments.
 

1. Use the Filters to shorten the list.
2. Select the relevant Payments or Receipts (one of the other, not a mixture).
3. When the Amount matches, the Reconcile Button will turn Green.
4. Click on the Reconcile Button.

If the Bank Transaction does not already exist, you will need to create it so click the Drop-Down Menu and select the relevant Transaction type.
 

1. Create and Post the missing Transaction Type in the usual way.
2. Return to the Bank Reconciliation.
3. Use the Match to Payment function, which will now be displaying Yes.
4. Complete as above.

You will be returned to the Reconciliation Screen to continue the Reconciliation.