AMC Banking 365 BC - Automatch rules

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The automatch process in the Payment Reconciliation Journal in AMC Banking has a default set of rules used for matching outgoing payments, incoming payments, and bank transaction fees,definable for each own bank account.

In most cases, this default set of rules, covers the needs of most companies.However, there may be situations where adjusting the default AutoMatch rules is beneficial.

This document describes the available options for adjusting the default AutoMatch rules.

Grid overview (Bank Account AutoMatch Setup)

IncludeSpecifies whether the AutoMatch type is included in the matching process.If this option is unselected, the corresponding match field names in the Grid Overview (AutoMatch Fields Setup) will automatically be unselected as well.AutoMatch TypeThe AutoMatch Type has four possible options:

  1. End-to-End ID MatchingUse E2E/ULR reference to match against outgoing payments made with AMC Banking Payment Journal.

  2. Document-Related MatchingUse Payment reference/Invoice No. etc. to match against Bank references/Posting text/Manual advice text.

  3. Text-to-Account MatchingUse text-to-account mapping text to match against Bank references/Posting text/Manual advice text.

  4. Party-Related MatchingUse party related information as Name/Account No./Bank Account No to match against Bank references/Posting text/Manual advice text.

    Party-Related Matching, if included, is always combined with all other AutoMatch types,as payment application rules are divided into two categories — Document-Related Matching and Party-Related Matching — to achieve the highest possible match score.

DescriptionShort description of the automatch type.

Try Reverse MatchSpecifies whether a reverse match should be attempted as a last resort, if no previous match has been found.This means the system will search for a match by comparing the reference value from the bank against fields such as the Document No. in Business Central.

By default, the system performs the comparison in the opposite direction — for example, matching the Document No. against the bank references, as this typically results in a more accurate match.This option is only available for automatch type = Document-Related Matching.Note: that this option may slow down the matching process.

Try Amount Date MatchSpecifies whether a Date/Amount match should be attempted.This means that if no match can be found based on fields such as Document No. etc.,the matching process will try to match using the transaction date and amount.This option is only available for automatch type = End-to-End ID Matching or Document-Related Matching.Note: that this option may slow down the matching process.

(-/+) Day ToleranceSpecifies the range of days before and after the bank feed transaction date within which the system will search for vendor or customer open ledger entry dates.If you enter 0 or leave the field blank, the Match function will only search for vendor or customer open ledger entry dates that fall exactly on the bank feed transaction date.

This option is only available for automatch type = End-to-End ID Matching or Document-Related Matching, used together with the option Try Amount Date Match.

Grid overview (AutoMatch fields Setup)

IncludeSpecifies whether the AutoMatch field, defined in the Match Field Name, is included in the matching process.

Match Field NameSpecifies the name of the field to be matched against.The available Match Field Names may vary depending on which AutoMatch Type is selected.See the description field for more details information on the match field.

DescriptionSpecifies a short description of automatch field.

Split Customer Party ValueSpecifies if the matchrule should try split the customer party value into separate words divide by spaces in the customer party value.This option is only available for automatch type = Party related matching and only for specific match field name.

Example: A party name such as AMC Consult will be split into three parts —

  1. AMC Consult

  2. AMC

  3. Consult

This allows the matching process to identify and compare individual components of the name, increasing the chances of a successful match.NOTE: If your customer base consists of party names with short identifiers such as Ltd., Inc., etc., you should avoid using this option, as it may result in false positive matches.

Split Vendor Party ValueSpecifies if the matchrule should try split the vendor party value into separate words divide by spaces in the vendor party value.

This option is only available for automatch type = Party related matching and only for specific match field name.Example: A party name such as AMC International Ltd. will be split into five parts —

  1. AMC International Ltd.

  2. AMC International

  3. AMC

  4. International

  5. Ltd.

This allows the matching process to identify and compare individual components of the name, increasing the chances of a successful match.Be aware: If your vendor base consists of party names with short identifiers such as Ltd., Inc., etc., you should avoid using this option, as it may result in false positive matches.

Ribbon (Action bar)

Delete

Delete the match setup rules and return to default automatch rules.

Default Match Setup

Fetch the default match rules to use them as a basis for editing and customizing according to your own preferences.

Help

Open the AMC Banking Knowledge Base for Own Bank Account to view a detailed description of how to set up your own bank account and other related settings.