A coding rule is made up of three parts to automatically allocate a category and extended code to a transaction or invoice. 

 

Criteria

When a transaction or invoice contains information that meets one or more of the criteria below:

  • Other Party contains
  • Reference contains
  • Amount is equal to
  • Bank account

They can then be automatically coded based on the action that has been set in the coding rule.

Action

The action determines what the transaction or invoice is coded to and the $ value or percentage that applies.

Setting up a good autocoding structure can take time, but the benefit of having consistent and accurate information means it is worth doing.

 

Types of coding rules

  • Payments where there is a GST split between business and personal use
  • Regular transactions where the Other Party or Reference remains the same
  • Regular transactions where the amount remains the same

More info

Create coding rules for invoices

Create coding rules for bank transactions

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