Extended Document No. and Payment Reference Identification

365 business Banking finds document numbers in the payment reference even with a line break, without a prefix or as a partial number with a context word.

Business Value

Microsoft Dynamics 365 Business Central standard searches for exact document number matches in a bank transaction's payment reference. If the prefix is missing or the bank has broken the number across lines, this search finds no match. The extended document number and payment reference identification increases the match rate of automatic matching and reduces manual rework in reconciliation.

Feature Description

365 business Banking searches for document numbers in the transaction text, the transaction ID, the sender customer reference and the end-to-end reference in three stages: the complete document number, the complete document number with exactly one space from a line break by the bank and, for bank accounts, an ending of the document number if the prefix is missing. Endings of five characters or more count even without a context word. Endings of three or four characters count only with a context word and only if they make up at least 70% of the document number. Every match is rated as exact, strong or weak.

This feature also uses Payment Reconciliation Context Words to increase recognition accuracy.

For more information, see the article Document No. Matching.