To perform bank reconciliations in Sequence, proceed as follows:
- Click on “Banking”.
- Click on “Accounts” to display the list of available bank accounts.
- Click on the corresponding bank account.
- Sequence’s intelligent system detects matches between imported transactions and documents, then classifies them according to their level of matching (high, medium, and low).
- If the QR reference of the bank transaction matches that of a Sequence invoice, the system will mark it as a high match.
- You can reconcile it directly by clicking on the “Reconcile” icon.
- If you want more information about the transaction, click on “View details”.
- The transaction details are displayed here.
- Click on the invoice if you want to preview it.
- You can also click on the transaction if you want to view or select other matches.
- From here, you can select other documents that may match the transaction.
- If the suggested match is correct, select it and click on “Validate”.
- When Sequence does not find any match, the message “No match found” is displayed. In this case, by clicking on the line, you can select a non-suggested match or perform a manual reconciliation.
- Click on “Manual reconciliation” to manually add the reconciliation details.
- Sequence's intelligent system automatically fills in the fields, checks that everything is correct, and then clicks "Validate" to validate the reconciliation.
- If you wish to download transactions awaiting reconciliation, click on the Download icon.
- You can view or cancel completed reconciliations from the Reconciled Transactions tab.
This feature allows you to save time and optimize reconciliations. If new transactions are added, Sequence will update its reconciliation suggestions.