Auto Match for prepayments is live and available to all RecHound accounts right now. Here's what it does and how to use it.
What it does
The feature automates the process of matching journal lines to your prepayment entries. What used to be a tedious manual job — comparing amounts, checking descriptions, assigning lines one by one — now happens in seconds.
How it works
Click Auto Match in the Amortisation Schedule section. The system then runs two checks against every journal line:
- Amount Match — Verifies the journal line matches the expected amortisation amount for that period.
- Description Scoring — Evaluates how closely the journal description relates to the prepayment name using a similarity algorithm.
Reading the results
A dialog shows all matched lines sorted by confidence, with columns for journal date, description, amount, matched prepayment, and a Match % score.
- High confidence (20%+) — Pre-selected and ready to publish.
- Low confidence (below 20%) — Surfaced for your review before publishing.
- No match — Shown in a separate tab for manual assignment.
Publishing
Select which matches you're happy with, click Publish, and RecHound assigns those lines to the prepayment subledger. Anything you leave unselected stays available for manual handling.
Give it a go and let us know what you think. — Alex
Ready to fix month-end for good?
Try RecHound free — no credit card required.