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Bank reconciliation
Ensuring that the finance company bank accounts are reconciled to the bank control accounts in Clearmatch is an important function to ensure that all transactions are processed and accounted for. It is important that all transactions that appear in ...
Post a bank statement
When transactions have been allocated and reviewed, it must be checked to ensure that all is correct before transactions can be posted. Once posted, the transaction(s) will be active and appear against the account that they have been allocated to. ...
Auto match a bank statement
Once a statement has been uploaded the transactions in the statement need to be allocated to the correct account. The auto match function will automatically match transactions to the correct accounts where possible, based on the auto matching rules ...
Manually match a bank statement
At times there will be transactions that appear in the bank statement that do not meeting the auto matching rules and will need to be manually allocated to an account e.g. a customer deposits money into the bank account and does not put the finance ...
Add a bank suspense account
Bank suspense accounts are accounts that can be used to match / allocate transactions to, that appear in the bank statement that are allocated to control accounts. This is specifically useful when the origin of a transaction is not known and while ...