Create additional transactions for reconciliation from the Banking cloud tab

For accounts connected to a bank feed.

Save time during the month-end close and create transactions from bank transactions before you even get to the reconciliation page. From the Banking cloud tab on the account record, you can create Sage Intacct transactions that automatically match to the bank feed transaction without reconciliation permissions.

Some companies create account records at the top level and transact within entities. If your bank specifies on the account record that it's associated with an entity in the Location ID field, create transactions or receive payments for this entity at the top level.

For multi-entity, multi-currency companies, create the following transactions at the entity level:

• Service charges
• Interest earned
• Other receipts
• Credit card transactions
• Charge payoffs
• Credit card charges and fees

1. Go to Cash Management > All or Setup > Accounts and select the required account type.

2. On the account list, select Bank transactions for the appropriate account.

   Or

   Select More actions > View at the end of the row.

   You can only see transactions in View mode; they're not visible in Edit mode.

3. Go to the Banking cloud tab.

4. Optionally, filter and sort the list to find transactions.

   • To sort transactions alphanumerically, select any column head. A pointer to the right of the column name indicates the sort direction.
   • To filter, enter a value in a column head field. Then press Enter on your keyboard. Or, use the dropdown lists and select Apply filters after you make your selections.
5. From the Action menu, select the type of transaction to create.
   With the appropriate permissions, you can create the following transactions:

   Bank transaction type	Transactions available to create	Notes for multi-entity, multi-currency companies
   Debits	Funds transfer Service charges Journal entry Manual payments	Create service charges at the entity level.
   Credits	Funds transfer Interest earned Journal entry Other receipts Receive payments	Create other receipts and interest earned at the entity level.
   Charges and payments (Credit card reconciliation)	Charges and other fees Journal entry Credit card transactions Manual payments	Create charges and other fees, manual payments, and credit card transactions at the entity level.

6. Create the transaction.

7. Select Save.

1. Go to Cash Management > All or Setup > Accounts and select the required account type.

2. On the account list, select Bank transactions for the appropriate account.

   Alternatively, select View.

   You can only see transactions in View mode; they're not visible in Edit mode.

3. Optionally, filter and sort the list to find transactions.

   • To sort transactions alphanumerically, select any column head. A pointer to the right of the column name indicates the sort direction.
   • To filter, enter a value in a column head field. Then press Enter on your keyboard. Or, use the dropdown lists and select Apply filters after you make your selections.
4. From the Action menu, select the type of transaction to create.
   With the appropriate permissions, you can create the following transactions:

   Bank transaction type	Transactions available to create	Notes for multi-entity, multi-currency companies
   Debits	Funds transfer Service charges Journal entry Manual payments	Create service charges at the entity level.
   Credits	Funds transfer Interest earned Journal entry Other receipts Receive payments	Create other receipts and interest earned at the entity level.
   Charges and payments (Credit card reconciliation)	Charges and other fees Journal entry Credit card transactions Manual payments	Create charges and other fees, manual payments, and credit card transactions at the entity level.

5. Create the transaction and select Save.

Result: A transaction in Sage Intacct is created and automatically matches against the bank transaction for reconciliation. View matched transactions on the Banking cloud tab, Bank Transactions page, or the account reconciliation page.