Bank reconciliation stands as a pivotal aspect in financial management, and achieving complete automation in this domain can indeed be a boon. Microsoft has introduced several new features in this area over the past two years, from 2023 to 2024.

Below are the features we have described in this session.
1. Automatic Import of Bank Statements from SharePoint
2. Automatic Clearing of Bridged Transactions Through Advanced Bank Reconciliation
3. Modern Bank Reconciliation and User Interface Changes
4. Selection of Vendor Payments and Customer Payments from Bank Statement Settlement
5. Review the process for generating General Ledger (GL) vouchers from bank statements.
6. Introduce new rules for automatic matching in the bank reconciliation process.


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