how does the run reconciliation rules button work on the match bank data page

AI generated answer (using internal Slack threads):

The "Run Reconciliation Rules" button on the Match Bank Data page in NetSuite is used to automatically match the transactions in your bank statement with the transactions in your NetSuite account. Here's a step-by-step guide on how it works: 1. First, you need to ensure that the "Use Match Bank Data and Reconcile Account Statement Pages" checkbox is checked on the account setup page. This allows you to use the Match Bank Data feature. 2. Once you've done that, you can navigate to the Match Bank Data page. Here, you'll see a list of transactions from your bank statement that haven't been matched with any transactions in your NetSuite account yet. 3. When you click the "Run Reconciliation Rules" button, NetSuite will automatically try to match these transactions based on certain rules. These rules can include things like matching transactions with the same amount, date, or reference number. 4. If a match is found, the transaction will be marked as matched and will be removed from the list of unmatched transactions. If no match is found, the transaction will remain in the list of unmatched transactions. 5. After running the reconciliation rules, you can manually match any remaining unmatched transactions by clicking on them and selecting the corresponding transaction in your NetSuite account. 6. Once all transactions have been matched, you can click the "Submit" button to finalize the reconciliation. Remember, the "Run Reconciliation Rules" button is just a tool to help automate the reconciliation process. It's still important to review all matched transactions to ensure they are correct. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******