What Is Modern Bank Reconciliation?
Introduced in 10.0.39 (preview) and generally available in 10.0.41. Advanced Bank Reconciliation enhancement.
Feature Highlights
Enhanced bank reconciliation matching rules:
Worksheet Enhancement:
- Generate customer/vendor payment journals
- Settle invoices without leaving the page
- Cancel payment journals
- Side-by-side bank lines and ledger lines
- modern look
Setup & Activation
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Enable the feature: Go to Feature management > Turn on the “Modern bank reconciliation” feature
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Bank account configuration
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Define matching rules
User case - Generate Vendor Payment Journal
Statement import setup
Open the Bank Reconciliation worksheet and Run matching rules
Payment Journaland Auto-matches with Bank Statement
Manually create Payment journal
Manually create general journal
