sign up
sign up

The difference between SIMPLE and DETAILED matches

Academy page

How to easily match your transactions: SIMPLE vs. DETAILED matches

Matching transactions is the process to confirm that all the transactions in your bank accounts are recorded in your business accounting records.

We recommend keeping your bank account up to date on a regular basis, to ensure your accounting records are up to date and to help find and correct any errors as soon as they occur.

It is always good practice to add as much detail when you are matching your transactions 

There are three possible ways of matching transactions:

  1. If there is an expense/invoice that you have created in the past that matches the $ value of your transaction, it will automatically identify the possible match
  2. Match transactions directly in the Bank Feed (simple or detailed - see below)
  3. Assign to multiple expenses/invoices that you have previously created (this is in the assign to multiple section)

Simple match:

The easiest way to match an existing transaction


1 2

Income (invoices):

2 2

Detailed match:

Adding all the required information to make tax time a breeze


3 2

Income (invoices):

4 1

For help on categorising and matching transactions - click here

other articles
An overview of the Dashboard and its features Summary The dashboard is your new business home page. At a glance, […]
How to use Sole to create a quote for future work. In operating your business, you may want to provide […]
Step by step on how to convert a quote to an invoice How to video: Step by step walkthrough: You […]
Expense categories explained When you're reviewing and sorting your transactions, we give you a list of categories to choose from. […]
How to invoice using nothing more than your phone You have the ability to seamlessly send unlimited professional invoices on […]