AR Management - This article will describe the hard-coded ignoring rules, and how to update the custom settings for ignoring certain transactions containing specific phrases.
During the Bank Statement upload process, Lumary will scan each transaction and check to see if it needs to be ignored.
Required packages and permissions
Available with: Lumary 22.82 and later
Permission: Lumary AR - AR Management & Lumary AR - EFT Matching
Lumary AR Management features do not necessarily come as standard. If these features are not available to your users, please contact your Account Manager.
This feature currently does not handle transactions from credit card payment gateways or refund transactions. These transactions should be ignored in the matching process and handled manually.
This article will describe the hard-coded ignoring rules, and how to update the custom settings for ignoring certain transactions containing specific phrases.
Default Rules
| Rule | Description |
| Credits |
If the Transaction amount is less than 0, the transaction will be marked as Ignored, with a Ignore Reason of Credit. |
| Duplicate Transaction |
We will check for any prior transactions uploaded for an exact match of the following:
If a duplicate is found, the transaction will be marked as Ignored with a Ignore Reason of Duplicate Transaction. |
Custom Rules based on Matching Phrases
We can also ignore certain transactions where the Description contains certain phrases.
You can update the Phrases to be Ignored setting by following these steps:
- Use the App Launcher to open AR Management
- Click Settings
- Update the Phrases to be Ignored field as required, each phrase should be separated with a comma (,).
- Click Save.
During the upload and Automatic Matching process, if a transaction is found containing a phrase in your list of Phrases to be Ignored, it will be marked as Ignored with a Ignore Reason of Phrases to Ignore.