Group Reconcile Summary
Users now have the ability to create "Group Reconciliation Mappings" from the Reconciliation Summary page. These mappings allow certain types of deposits to be always grouped together for a specific EHID and bank account. These groupings will be visible in both reconciliation screens and during bank sync for matching.
Each reconciliation screen where a mapping rule is set will have a "Group Deposits" toggle. This toggle will allow users to switch between grouped and ungrouped views of transactions, maintaining this setting for each accounting period separately. Reconciliation will be specific to the individual type's transaction in the ungrouped view. If transactions are ungrouped, a Type column will be added to indicate each transaction's type (Visa, Mastercard, etc).
Accounting / Reconciliation: Group Reconciliation Mappings new feature for saved settings.
In Bank Reconciliation, its common to have multiple credit card deposit types that are deposited as a single amount. For example, your Visa, Mastercard and Discover may be deposited in your bank as a single amount.
Users now have the ability to create "Group Reconciliation Mappings" from the Reconciliation Summary page. These mappings allow certain types of deposits to be always grouped together for a specific EHID and bank account. These groupings will be visible in both reconciliation screens and during bank sync for matching.
To set this up, within the Bank Reconciliation page, select in the triple dot menu on the top right, Group Reconciliation Mappings.
It will show any already setup mappings. Select Add Deposit Grouping to create a new one.
Select the deposit types to group together then select Create Group.
You can Exit, or you can select Add Another Group if additional groups for POS or other deposit types should be created.
Once these are setup, anytime you select a deposit type that you selected above, it will automatically have the grouped amounts together.
IF PRO TIP: This can save a lot of time during the Bank Reconciliation process