Overview
If BAI or BAI2 files of cleared transactions can be obtained from the bank (typically from their website), these files can be imported into Resware to automatically clear matching transactions.
To demonstrate how to import BAI files of cleared transactions for bank account reconciliations.
If BAI or BAI2 files of cleared transactions can be obtained from the bank (typically from their website), these files can be imported into Resware to automatically clear matching transactions. To import a BAI file, go to Accounting/Reconciliations, edit a reconciliation, click Edit Cleared Entries, click Import, and import the file that was received from the bank.
If there are transactions on the report that are not matched, either because matching entries are not found or multiple matching entries are found, they are treated as exceptions and can be viewed by clicking on the Exceptions button. The exceptions will have to be manually reconciled.
Utilizing the transaction importer will save time by auto-clearing matching entries and allow the user doing the reconciliation to focus their time on the exceptions.