Extended Document No. and Payment Reference Identification

Business Value

Microsoft Dynamics 365 Business Central standard searches for exact document number matches in a bank transaction's payment reference. This simple search fails with non-standard formats, compressed numbers, or embedded references. The extended document number and payment reference identification significantly improves automatic matching and minimizes manual rework in the reconciliation process.

Feature Description

365 business Banking analyzes the payment reference of bank transactions with an extended recognition algorithm: in addition to exact matches, partial document numbers (up to four characters) are also considered, numeric ranges are evaluated, and common separators or prefixes in the reference are ignored. All potential matches are weighted and the most likely open entry is suggested.

This feature works closely with Payment Reconciliation Context Words to further improve recognition accuracy.

For more information, see the article Payment Reconciliation.