How does Automatic Reconciliation Work?

Sequence > Left Navigation Bar > Banking > Accounts > Select Account

Once the bank statement is imported, when you select a transaction, Sequence automatically detects the transactions made in the software that match the bank transactions, and proposes them to you in the automatic reconciliation. You can select one or several transactions to match, as well as add a complementary transaction to balance the total.

To perform an automatic reconciliation follow the steps below: 

1. Follow the above-mentioned workflow to land on the Transactions grid.
2. Click the transaction for which you want to perform automatic reconciliation. Doing so opens the Bank Reconciliation panel on the right.
3. By default, Automatic Reconciliation tab is selected.
4. Here, all the matches are segregated into Best Matches and Possible Matches.
5. Select the matches you want to include by marking the respective checkbox(s).
6. To activate partial payments, click Activate partial payments.
7. To include additional transaction, click the + Create an additional transaction button.
8. Once the required selections are made, click the Validate button.