In Caruso, you can reconcile allocation payments in bulk by using your bank's transaction file.
To start, navigate to the File Converter tab and from the tools dropdown select Bank Statement and upload the transaction file.
Once done, you will see a column mapping table appear. Here, you can review the columns that have been mapped from the transaction file uploaded and also choose an option to update mapping, if required.
After all the columns are mapped you will be able to download a deposit reconciliation file. To start reconciling, navigate to the Reconcile tab, upload the converted file and click Save & continue.
Based on the file uploaded, you will see suggested allocation matches appear for you to review and confirm.
For any transactions that do not have a suggested allocation, you can click on Find & match to search the relevant allocation.
To view more information about the suggested allocation match, click on the information icon.
Once reviewed you can confirm the suggested transaction match and apply payments to the allocation and optionally send an email notification to the investor.
Pro tip
To view all reconciled payments, download and view the All Deposits report.