Payment And Banking

How to upload bank statement for bulk rule processing

Updated 4 months ago by Mobolaji Maborukoje

Help Center Payment And Banking How to upload bank statement for bulk rule processing



Uploading bank statements to Tyms for a specific financial period simplifies the process of transferring all transactions within that time frame without the need for manual entry. When coupled with the bank rules feature, this enables seamless and fully automated posting to the appropriate accounts.

Here is a guide on how to upload bank statements for bulk rule processing.

How to upload bank statements for bulk rule processing:

  1. Include the bank information if it doesn't already exist by adding a bank.

  2. Navigate to the Bank Rules section to create bank rules for automatic recording and attach to the bank you’ve created.

  3. After creating the bank rule, Return to the “Bank Section” and Click on the button under the action column and the bank details page will be opened up.

  1. Proceed to: 

a. click on the “Upload Statement” button to upload a csv or xlsx file of your bank statement. 

b. You can also download a sample excel sheet to serve as a guide for the upload. 

c. Remember to leave the “Process the statements with my predefined bank rules” Checkbox Checked. 

d. Then proceed to “Browse File”.

  1. After the file has been selected, Preview the statement to confirm if the data that you are about to import is valid, and click on “Import Statement”.

Your bank statement has been successfully imported into your Tyms account and posted according to the bank rules you set.

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Tyms accounting and finance automation software is suitable for any industry irrespective of your mode of financial operation.