Dynamic Posting Description

With a posting text built from placeholders, you decide per reconciliation rule and split rule in 365 business Banking which description the posted entries get.

Business Value

The bank's transaction text is machine-generated, often abbreviated and of little use for analysis. With your own posting text, automatically posted entries receive a readable, consistent description, for example the payer's name and the purpose.

Feature Description

• Reconciliation rules and the lines of bank transaction split rules have the Posting Text field.
• The Posting Text action opens a dialog in which you insert placeholders such as {Sender Name} - {Purpose} by selecting them and review the result in a preview.
• When the rule is applied, the resolved text replaces the line's transaction text and becomes the description of the entries on posting.
• If the field is empty, the bank's text is kept.

Details: Posting text with placeholders