Reviewing and Approving Transactions

Review imported bank transactions and approve them into your books.

What this does

After transactions are imported, you review each one, assign a category, match it to existing records, and approve it into your accounts.

When to use it

Review transactions at least weekly to keep your books up to date.

Step by step

  1. Go to Banking in the Accounting menu
  2. Select the bank account
  3. For each unreviewed transaction:
    • Match — if it corresponds to an existing invoice, bill, or expense, click Match and select the record
    • Categorise — if it's a new transaction, assign an account category (e.g. Office Supplies, Rent)
    • Create — if no record exists, create a new expense or income entry
  4. Click Approve to finalise each transaction
  5. Approved transactions turn green

Tips

  • Smart suggestions recommend likely matches based on amount and date
  • Bulk matching lets you approve multiple transactions in one action
  • Transactions you skip remain in the feed until dealt with
  • You can undo an approval if you made a mistake