Bank & Matching

Bank connections and statements, and linking each payment to its invoice.

8 articles

• Connecting Bank AccountsFor clientsMaster data → Bank accounts holds two things: the account numbers of your companies, and the banks you have connected. Connecting a bank lets AI Finance Team import transactions on its own, so nobody exports a statement…
• Uploading Bank StatementsIf a bank account is not connected through open banking, you can import its transactions by uploading a PDF statement. AI Finance Team reads the statement page by page, extracts every line, and writes the transactions…
• Bank TransactionsThe Bank transactions page lists every movement on your companies' bank accounts. AI Finance Team suggests a category for each transaction and matches it to its invoice, and the list shows where each one stands.
• Transaction Types & No Invoice NeededSome bank transactions will never have an invoice: bank fees, interest, payroll, tax payments, transfers between your own accounts. Transaction types recognise these transactions and mark them No invoice needed, so they…
• Cash Pool: One Bank Account for Several CompaniesIn a company group, one company often holds the bank account and the sister companies pay their suppliers and collect from their customers through it. The bank statement then names the account holder, while the invoice…
• Invoice MatchingAI Finance Team links each bank transaction to the invoice it pays. This is invoice matching. Most pairs are matched automatically. The uncertain ones wait for you as suggestions on the Matching page, and anything else…
• Settling Partner BalancesSome partners never pay invoice by invoice. They pay a balance: one transfer covers several invoices at once, credit notes reduce what is owed, and every so often a round sum arrives on account. Automatic matching…
• Fixing a Partner's Payment MethodSome suppliers report the wrong payment method on their invoices. The most common case in Hungary: a purchase you paid by card is reported to NAV as cash. AI Finance Team believes the invoice, closes it as settled, and…