Introducing split rules

Split rules let you distribute the amount of a single bank statement line across multiple accounts based on predefined criteria. They automate a step that would otherwise require manual adjustments on every reconciliation, reducing the time spent on complex transactions and the risk of posting errors.

Split rules are useful for transactions such as foreign payments and returned direct debits, where bank charges must be separated from the main amount on a bank statement line. You can also use them to allocate payments across different cost categories. For example, a leasing contract that bundles insurance, maintenance, and other fees can be posted to the correct G/L accounts and dimensions automatically.

Split rules can be enabled or disabled on the Banking Import Setup page. When enabled, split rules are applied during automatic matching, and the Split Lines field is available on reconciliation and journal pages. When disabled, the split functionality and related fields are hidden.

In short, split rules can:

• Distribute payments across different accounts and account types.
• Assign custom posting groups.
• Apply specific dimensions to transactions.
• Distribute charges depending on currency, debit/credit indicator, and charge types.

Core concepts

To create and configure split rules, see Setting up split rules The article walks you through the available rule types, the conditions you can define, and the posting behavior that results from each configuration.

Split rules can be applied automatically, based on bank transaction codes, return reason codes, or search rules. For more information, see Applying split rules automatically.

When automatic application is not appropriate for a transaction, split rules can also be applied manually. For more information, see Applying split rules manually.

For a reference of the fields and options available on split rules, see The split rule fields.