Merge rules for bank account statements

Business value

Merge rules streamline bank statement processing by combining multiple entries into a single line. This reduces manual reconciliation effort, simplifies reporting, and provides a clearer overview of financial transactions, especially for frequent transactions such as credit card transfers.

Feature details

The feature lets you merge bank account statement lines using automatic rules or manual selection. You can configure automatic merge rules globally or for specific bank accounts. Rules specify how lines are merged based on text content and the posting or value date. The rules are applied during the match procedure.

Manual merging lets you select and combine specific lines in a single action. Both approaches improve efficiency and accuracy in bank statement processing. They also give organizations better control over financial data.

For more information, see Introducing merge rules.