Saasu improves transaction matching for bank feeds

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Saasu improves transaction matching for bank feeds

The cloud accounting system’s first upgrade for 2018 is a big time-saver.

Saasu’s latest update makes it possible to match one bank feed item with multiple transactions. The absence of this “much sought after feature” had “been causing some frustrations” among users, the company said.

The change means that when a customer (or payment processor) makes one remittance to cover multiple sales, it is now simple to match the payment with all of the relevant transactions.

The same applies when you pay several invoices from a supplier in one go, or when you meet your superannuation obligations with one payment covering multiple employees.

Up to 25 payments can be matched with one bank feed transaction.

Previously, Saasu users needed to use a clearing account or some other mechanism to distribute such bank transactions.

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