Setting up Search Exception Rules

  • 14/11/2023
  • 2 minutes to read

In the Payment Management bank account reconciliation process, you can use search exception rules to exclude matching on specific accounts, such as vendors or customers, by excluding certain words. This feature enables users to specify IBANs that should be ignored for matching on designated accounts where consolidated customers or vendors share the same IBAN. This helps prevent unintended matches and ensures accurate reconciliation.

To set up these rules, you can add specific search text to exclude. For instance, if the vendor and the customer are the same and you want to match the customer only, you can exclude the relevant IBANs.

To set up search exception rules:

  1. Use the Search for page or report icon and search for Search Exception Rules, then select the related link. Alternatively, on the Bank Account Reconciliation page, go to Rules > Search Exception Rules.
  2. In the action bar, select New to create a new reconciliation rule.
  3. In the Search Term column, enter the text to be searched for. For example, enter an IBAN that should be ignored for matching.
  4. In the Account Type column, specify the account type for which the exclusion should apply.
  5. In Account No. column, specify the account number for the related account.
  6. After setting up reconciliation rules, you can close the page.