Question

Process Bank Transactions - Matching Transactions from a Bank Feed

  • 19 October 2023
  • 3 replies
  • 105 views

Userlevel 1

We have a client that issues approx 6000 checks per month for lease payments.   Most of these checks are for the same dollar amounts (ie. 3000 checks for $ 1000 and 3000 checks for $ 1500).  When the Bank Feed comes in the Bank Feed writes the Check Number to the Tran. Desc field.  Acumatica seems to ignore the Tran. Desc field and suggests matches displaying 3000 checks all for $ 1000.  Acumatica Tech Support told me that it only matches based on Amount and Transaction Date which doesn’t make sense to me since Ref. Nbr. Weight as well as Doc. Payee Weight are part of the Relevance Calculation.  What fields does Acumatica read to match  Ref. Nbr. Weight & Payee Weight ?


3 replies

Userlevel 6
Badge +5

@schase17 This is the description of logic behind the two fields in question in Acumatica:

Doc.Payee weight = The relative weight of the evaluated difference between the names of the customer (or vendor) on the bank transaction and the cash transaction.

 

Ref.Nbr.Weight = The relative weight of the evaluated difference between the reference numbers of the bank transaction and the cash transaction
 
Userlevel 1

Hi Sam,

But that does not explain what field Acumatica is reading to calculate the relevance.   For Ref. Nbr. Weight it is the difference between the reference number of the bank transaction -what field is Acumatica reading to find the reference number of the bank transaction?   Is it reading the Ext Ref. Nbr field because it is obviously not reading the Tran Desc field.  Thanks.

Userlevel 2
Badge

Hi Sam,

But that does not explain what field Acumatica is reading to calculate the relevance.   For Ref. Nbr. Weight it is the difference between the reference number of the bank transaction -what field is Acumatica reading to find the reference number of the bank transaction?   Is it reading the Ext Ref. Nbr field because it is obviously not reading the Tran Desc field.  Thanks.

I am also interested in the answer to this, because we have a client who is having a very low rate of matches resulting in a high number of manual matches instead of automatic matches.

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