Welcome to the world of automation!
We are excited to introduce a new feature that allows you to perform allocation and unallocation with just one click, utilising bank rule mapping logic. I will guide you through the process and explain the details.
At present, we have developed the provision to allocate POA and Net wage transactions in a single click.
Allocating recent import transactions:
In the Financial Accounting > Bank screen, a new "Allocate" button has been added in the top right corner. By clicking this button, all transactions from the most recent import will be automatically allocated according to the bank rule setup.
Allocating old imported transactions:
To allocate old transactions, please navigate to the "Logs" section on the bank screen.
You will have the option to filter imports based on their allocation status.
You can filter by the "Unallocated" status and then click on the allocate icon, or simply click the allocate icon directly on the imports listing screen.
Once you click "Allocate," it will map all Payment on Account and Net Wages transactions according to the bank rule.
Unallocate allocated transactions:
You can unallocate bank transactions in bulk from the logs screen. To do this, either filter the status dropdown by selecting "Allocated" and then click on the unllocate icon or click the "Unallocate Transactions" icon in the action column.
Note: If no bank rule is matched for any transaction in the entire import, the status will be marked as "N/A".
To match either POA or net wages independently, please refer to the previous matching logic. You can continue to allocate transactions as you did previously from the bank screen. We hope you find this feature beneficial 😊