Transaction Generation Feature Available in RecXpress for Bank Services 5.2A.

RecXpress for Bank Services 5.2A takes the concept of a 100% instant and accurate bank reconciliation in Bank Services one step further by not only taking care of matched transactions but also unmatched transactions. This is achieved through a new No Match Transaction Generation feature whereby the transactions on the bank statement import file that were not matched to the transactions in Bank Services are generated in Bank Services.

Setup Default Transaction Type and Account Code

Select a default Transaction Type and Account Code which RecXpress will assign to Bank Statement entries for use in Transaction Generation.

Automatic Numbering

When importing Bank Statements, certain transaction types (Bank Charges, Deposits) often have the same reference numbers. RecXpress will generate a sequence of unique reference numbers for different transaction types, saving you the time of editing duplicate reference numbers manually.

Select No Match Entries for Transaction Generation