JAX Auto reconcile bank rules only
It would be good to customise the new JAX auto bank reconcile feature. Eg reconcile bank rules only.
The clients that would benefit most from this new feature are the ones that have large volumes of unpaid items on the purchase or sales ledger so whilst it would be great to auto reconcile the rules I wouldn't want the AI "having a go" at matching bank transactions to open bills or invoices.
Bryony Stocks
shared this idea
Appreciate your feedback, Bryony. Our product teams have a close eye on the feedback coming through for automated bank rec being in beta atm.
We'll keep a watchful eye on the interest of this here and I'll share if there are any updates 🙂
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Kevin Chan
commented
To be able to choose from Rules, Matches and Memory would be great. So far, Rules and Matches have worked great for me but Memory, not so much.
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Gillian Kirkman
commented
Agreed on this. I tried it and it would auto reconcile a client payment against the wrong client. Same as the current system where it "suggests" anyone who owes the same amount. If you have a heap of xero subs where the amounts are all the same, then thats a lot of potential for errors.
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Philip Roberts
commented
Just had to go through all the stuff that JAX got wrong on auto reconcile - incorrect account coding mostly.
Took MUCH LONGER than manually reconciling would have done.
This is not fit for purpose as it stands - customisation to 'exclude' accounts from JAX guessing wrong or a setting to just apply the bank rules automatically would be helpful
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Chris Mawson
commented
Hi Guys
I agree with Bryony on this one...I thought I would try Jax ..maybe instead of the transaction disappering as reconciled..allow a function for review to we can see what Jax is coding transactions to..for example I have a client that upgraded their switchboard which Jax coded to R&M but actually should be coded to he interentity account for their Trust that own the building..I have turned Jax off now for all my clients as many think that a green all reconcilled is cool and that they can go fishing...but in reality I have to do more behind the scenes to review and correct it...
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Samantha Marlow
commented
I second this.
The new auto-reconcile should come with some customisation similar to when setting up a bank rule.
I want the bank rules to auto-reconcile but do not want anything else to be reconciled without documentation.