Bank feeds - allocate using bank narration

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Bank feeds - allocate using bank narration
Photo of tom.frogley@hoodsweeney.com.au

Posted 4 years ago

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Hi there,

I have set up bank feeds per the instructions on your webpage (https://community.reckon.com/reckon/topics/setting_up_reckon_bankdata_for_accounts_business_2014

My question is can you apply a default allocation to a transaction based upon the bank narration?

We have a large number of similar transactions, can you allocate, for example, all transactions that contain "Inv" in the narration (for example), to be put to a certain account?  We have monthly recurring income, but I'd like to avoid having to set up hundreds of regular amounts individually.

If not it would be great if this functionality could be added.

Thanks,

Tom


Photo of Reckon FAQs

Reckon FAQs, Employee

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Hi Tom,

Welcome to the Reckon Community.

Transaction Rules (introduced in the 2015 edition) allow you to create a  rule that will allocate bank transactions that meet the conditions you specify to your ledger accounts.




Please explore it for your circumstances.  


regards,
John