MYOB bank reconciliation and matching
In MYOB Business, bank feed lines are matched on the Bank transactions page. MYOB matches what it can to records already entered, applies your bank rules and suggests categories from earlier choices, and MYOB says it is rolling out AI-driven matching there too. We check each automatic match and suggestion, clear the lines left over and reconcile the account. The details below are from MYOB's support page on working with bank transactions.
What we do on the MYOB Bank transactions page
- Check the automatic matching options under the three dots on the Bank transactions page, including matching customer and supplier payments to open invoices and bills.
- Hover over each automatic match, marked with a black sparkle, to see what MYOB matched it to, and unmatch any that are wrong.
- Accept or change each category MYOB suggests, so later suggestions follow the categories your business uses.
- Set up bank rules for regular transactions with a fixed description, such as bank interest, and check the lightning symbol shows where each rule applied.
- Match a bank line to several records, or add an adjustment for a rounding difference, then work through the Not matched filter with your team.
How we run matching in MYOB
- 01
Confirm the set-up
We check each feed is active in the Banking hub and that the automatic matching options suit the business.
- 02
Check MYOB's matches
We go through the automatic matches, rule matches and category suggestions, keeping the right ones and unmatching the rest.
- 03
Clear what's left
For each line still under Not matched, we search for its record, split it across categories or match it to a category.
- 04
Reconcile and hand over
We reconcile the account, then agree with your team who works through the Not matched filter and how often.
Bank transaction matching in MYOB Business
| What it lists | As published |
|---|---|
| Where bank transactions are matched | Banking > Bank transactions, with filters at the top of the page |
| When MYOB matches a line automatically | Same date and amount, and the MYOB record is the right type, such as spend money |
| When more than one record could match | Only a suggested match, for you to accept or reject |
| Payments matched to open invoices and bills | The payment is recorded against the invoice or bill, which is then closed |
| Most days between a transfer's deposit and withdrawal for an automatic match | 7 days |
| Category suggestions | Based on how you matched a similar transaction to a category before |
| Bank rules and category suggestions together | Rules take precedence over category suggestions |
| Matching a bank line to several records | The Out of balance must be $0.00 |
Source: MYOB Australia Pty Ltd, Working with bank transactions. Checked 16 Oct 2026.
General information