We are thrilled to announce the launch of new enhancements to the banking service, including the introduction of bank rules and the ability to categorize and match bank transactions manually. These improvements will significantly reduce the time it takes to close your books.

Bank rules are set of predefined criteria that you set up for your bank account. You inform Bigcaptial how the pulled bank transactions being automatically categorized and assigned to the appropriate categories and accounts. This process saves you time, streamlines reconciliation, and ensures your financial records are accurate.

Bank transactions matching

Once you connect your bank and credit card accounts, Bigcapital automatically pulls the latest transactions. It suggests matching transactions that already being created in Bigcapital. All you have to do is approve the match if it's correct.

We will introduce more additional improvements to the banking service in the next major release.