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Bank feeds
I have bank feeds activated on a file. When the feeds come in, i need to allocate, matching or transfer the transactions. Does that mean i do not need to manually process Spend Money/Receive Money?
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Hi karmun,
Yes, allocating and transferring transactions do create new transactions, which means you won't need to create spend/receive money transactions. However, matching works a bit differently. Matching is simply looking for a transaction that's already recorded in the file and matching it with the bank feed transaction. So, in general, if you manage to match, allocate, or transfer the transactions from the bank feeds, you won't need to create any spend/receive money transactions.
Regards,
Genreve
