Disable automatic matching: 'Check' this box if automatic invoice/bill matching should not take place. This functionality is for high volume customers, matching could then be scheduled in the background after importing the statement.
Lets define OPEN and CLOSED transactions for matching:
Open: Customer invoice or Vendor bill not yet paid
Closed: Customer or Vendor payments
Match on Document number / parameter: Exact one to one matching if this value is specified in the description column on the transaction line.
Match on exact match of amount within a date range: It ignored the description column and looks only at the amount on the bank statement and the date range set in general preferences. If your date range is very large, this could potentially results in false matches, please review proposed results.
- Match on Entity name: This option is only applicable if you have specified a counter-party column on your bank configuration.
The first time you configure a vendor or customer for a specific counter-party value, we will store that value on the entity record field "Name as on bank statement"
For the next bank statement we will be able to automatically populate the vendor / customer column and find the related open or closed transaction for processing.
Allow non-numeric matches: When enabled, the matching algorithm will also match strings that don't contain any digits. By default, strings without digits are ignored during matching. This is useful for matching Order IDs or other reference numbers that may not contain numeric characters.