Support for Sole Proprietors and Non-Sole Proprietors:
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- Non-Sole Proprietors now have an additional account linkage status, “Pending”, due to the Maker and Checker approval process.
- For Maybank SG there are no differences in customer linking journey.
Improved Account Linkage with Maybank:
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- Account linkage is now based on your Business Registration Number (BRN) for Malaysia or Unique Entity Number (UEN) for Singapore.
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Bank Feed Integration with Maybank:
Live Bank Feed Limitations:
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- Bank feeds pulled from Maybank are limited to transactions from the last 90 days.
Bank Reconciliation Improvements:
Transaction Matching:
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- Automated matching is now available, comparing Date, No./Ref, and Amount for precision.
- Manual matching options are also available for unmatched transactions.
Reconciliation Management:
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- Users can now reconcile transactions and undo the last bank reconciliation when necessary.
Bank Reconciliation Reports:
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- A new feature to generate Bank Reconciliation Reports for streamlined financial reporting.
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