The Automated Cash Application feature displays all imported bank lines with a positive amount for an account and assigns a customer to each transaction if a match is found.
To automate bank reco and cash application process:-
1. Intelligent matching logic to identify open Invoices for imported Customer Payments
2. Update/Find customer on imported payments and auto generate GL customer payments
3. Edit/Update cash allocation identified invoices, find additional invoices and Auto apply invoices to GL customer payment
4. Auto Reconcile the GL customer payments against the imported customer payments
