We would like to inform you that the PAY reconciliation (RECPAY) application will no longer support payment reconciliation for the year 2025 and beyond. Starting in 2025, all payment reconciliation tasks should be performed using the Bank statement (BST) application.
As part of this transition, we will release functionality for manually creating Bank statements (BST), with the resulting impact on PAY reconciliation (RECPAY) processes. Once the manual Bank statement (BST) functionality is implemented, PAY reconciliation (RECPAY) will be fully retired. However user will be still able to access RECPAY to see history and make reconciliation for 2024. This change aims to streamline our processes and ensure a more efficient reconciliation experience.
Please update your workflows accordingly and reach out to our support team if you have any questions or need assistance.
Users will be provided with a link to detailed instructions on how to manually create Bank statements (BST) in the second release notification.
To read more about the Manual bank reconciliation (BST), click here.
Alberina Shala
Classification: IMPORTANT
We would like to inform you that the PAY reconciliation (RECPAY) application will no longer support payment reconciliation for the year 2025 and beyond. Starting in 2025, all payment reconciliation tasks should be performed using the Bank statement (BST) application.
As part of this transition, we will release functionality for manually creating Bank statements (BST), with the resulting impact on PAY reconciliation (RECPAY) processes. Once the manual Bank statement (BST) functionality is implemented, PAY reconciliation (RECPAY) will be fully retired. However user will be still able to access RECPAY to see history and make reconciliation for 2024. This change aims to streamline our processes and ensure a more efficient reconciliation experience.
Please update your workflows accordingly and reach out to our support team if you have any questions or need assistance.
Users will be provided with a link to detailed instructions on how to manually create Bank statements (BST) in the second release notification.
To read more about the Manual bank reconciliation (BST), click here.
Release date: 22 January 2025