Matching transactions is the process to confirm that all the transactions in your bank accounts are recorded in your business accounting records.
There are three possible ways of matching transactions:
- If there is an expense/invoice that you have created in the past that matches the $ value of your transaction, it will automatically identify the possible match
- Match transactions directly in the Bank Feed (simple or detailed - see below)
- Assign to multiple expenses/invoices that you have previously created (this is in the assign to multiple section)
The easiest way to match an existing transaction
Adding all the required information to make tax time a breeze