Q1. What is Auto-Reconcile?
Auto-reconcile automatically matches and reconciles eligible bank feed transactions based on your set rules, reducing manual reconciliation work.
Q2. How do I turn on Auto-Reconcile?
Go to Reconciliations > Bank Records.
Select a bank account, then open Manage > Auto-Reconcile Settings.
Configure how auto-reconcile should work for the selected account.
Q3. What configurations can I set up for Auto-Reconcile?
You can define rules that control how auto-reconcile works, including:
Allowed reconciliation types:
Match: Match to an existing transaction.
Quick Reconcile: Reconcile automatically based on past actions.
Apply Rule: Apply a related bank rule.
Cash Transfer: Reconcile with another unreconciled bank record as a cash transfer.
Excluded bank records:
Exclude bank records that match specific conditions using Saved Search.
Magic threshold:
Strict: Auto-reconciles only top recommendations.
Balanced: Auto-reconciles strong recommendations.
Lenient: Auto-reconciles more recommendations.
These settings determine which transactions are automatically reconciled when auto-reconcile runs.
Q4. When does Auto-Reconcile run?
Auto-reconcile runs automatically every day at midnight.
You can also trigger auto-reconcile manually at any time.
Q5. Will Auto-Reconcile continue running if I close the app?
Yes. Auto-reconcile runs in the background.
Closing the app or losing internet connection will not stop the auto-reconciliation process.
Q6. Where can I view auto-reconciled transactions?
Each auto-reconcile run creates an Auto-Reconcile tab.
This tab lists all transactions that were automatically reconciled.
You can review the results, make adjustments if needed, and mark transactions as reviewed to confirm the reconciliation.
Q7. Why weren’t some of my bank records auto-reconciled?
Auto-Reconcile only processes records that fit your settings. A record is skipped if:
the reconciliation type it needs (Match, Quick Reconcile, Apply Rule, or Cash Transfer) isn’t allowed,
it matches one of your excluded bank record conditions,
Jaz's recommendation isn’t strong enough for your Magic threshold. Strict only reconciles the top recommendations.
A matching date and amount doesn’t guarantee a match. If more than one transaction could fit, Jaz leaves the record for you to review.
To clear the rest, reconcile them manually from the Unreconciled tab. You can also change your settings, such as switching the Magic threshold to Balanced or Lenient, and run Auto-Reconcile again.