Reconciliation Rules

Reconciliation rules in 365 business Banking define how bank transactions are posted automatically based on text, ZKA code, SEPA purpose code or IBAN.

Business Value

The text-to-account mapping included in Microsoft Dynamics 365 Business Central only compares the text. Allocations based on ZKA codes, SEPA purpose codes or the IBAN of the counterparty cannot be mapped with it. With reconciliation rules in 365 business Banking, you automate the account assignment of recurring transactions in payment reconciliation.

Feature Description

365 business Banking extends the payment reconciliation process with Reconciliation Rules. A reconciliation rule defines filter criteria (e.g., mapping text, ZKA code, SEPA purpose code, bank account no., counterparty IBAN, counterparty name) and determines how the corresponding bank transaction is posted, including balancing account, posting groups, VAT settings, and dimensions.

Reconciliation rules can be created directly from the Payment Reconciliation Journal and applied immediately to further transactions.

For more information on setting up and using reconciliation rules, see the article Reconciliation rules.