Rydoo offers an option to automatically create an Expense from the transactions coming from the bank.

How to set up?

  1. The auto-creation from the transactions setting should be activated by Rydoo first. Please reach out to [email protected].

  2. If activated, any Admin will see the auto-create option via Admin > Payment method page.

    NOTE: This option will show only if the user's card payment method has been validated.

How does auto-creation work?

1. Rydoo receives card transactions from the bank.

*This usually takes 1 to 2 business days after the card was used.

2. After we receive the transaction, the system will check all available expenses linked to the card payment method.

3. The system will then apply the matching rules that check the date, amount, currency, and merchant name.

Three possible results are as follows:

Results

Logo

Description

No Match

NA

No expense was created.

Match Found

The system found possible expenses matched to the card transaction but will need end-users to check the details and match completely.

Matched

The expense was automatically created and matched to a transaction.

4. Once the auto-creation happens, the auto-created expense will appear in the end-users To-do list. Users can then upload the receipt to the existing expense to avoid duplicates.

Important! Auto-create will trigger ONCE ONLY when a new transaction arrives in Rydoo and will apply to ALL unmatched transactions.


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