Introducing: Bank Account Reconciliation Assistance with Copilot (2023 release wave 2)

Overview

The video introduces Business Central’s second Copilot capability, bank account reconciliation assistance. A new “Reconcile with Copilot” action on the bank account reconciliations list opens a dialogue where the user picks a bank account, imports a statement file or online feed, and gets matching proposals. The built-in algorithm runs first, and Copilot handles the lines left unmatched, including matching one line to multiple ledger entries.

The demos cover full automatic matching, partial matching with manual review, and transferring unmatched lines to GL accounts using semantic matching. The video then covers availability limits, feature management, Azure OpenAI regional consent, feedback rating, and developer tools used to build the capability.

Key points

• The feature is in public preview with 2023 release wave 2. It is only available for Business Central online (SaaS) and will arrive in a minor update; minor updates span from November until March 2024, so 23.0 does not include it.
• Matching order: the built-in algorithm tries the statement lines first, then unmatched lines go to Copilot. Proposals are not saved to the database until the user chooses Keep it.
• Copilot works best with English bank transactions, and suggestions may perform worse in other languages or with mixed-language descriptions. The feature is not restricted by country localization or user language.
• Unmatched lines can be transferred to GL accounts. Copilot suggests accounts from the line description and account name semantically. Users can override a suggestion and save description-to-account mappings for later use.
• When all lines are matched, an option lets the reconciliation post automatically.
• Admins may need to enable the feature in Feature Management when upgrading, which requires elevated permissions. The Copilot and AI Capabilities page shows active capabilities and the Azure OpenAI connection.
• If the environment’s region has no Azure OpenAI service, an admin must turn on the switch that allows data movement to a region where it is available.

Features

AL objects mentioned

As heard in the captions. A name that matches one object page by exact type and name links to it; the others stay as named.

• page “bank account reconciliations” at 3:39
• page “bank account reconciliation card” at 9:57

Not found in BC28-30: page “bank account reconciliations”, page “bank account reconciliation card”.

Quotes

• 1:58 “we’re excited to introduce business Central’s second co-pilot capability bank account reconciliation assistance with co-pilot”
• 1:58 “co-pilot is built on Microsoft’s industry-leading uh security privacy compliance and responsible AI which means you can trust that your data especially the sensitive”
• 2:38 “this is now available in public preview with 2023 release Wave 2”
• 5:01 “it will first uh try to match the statement lines from the imported files uh from the imported file with the business Central buil-in”
• 13:32 “this feature is available uh in public preview while we assess feedback from our community”
• 13:52 “this will be delivered in a minor update for Wave 2 now keep in mind that minor updates span from November until March 2024”
• 14:12 “bank account reconciliation assistance is only available for business Central online what we often refer to as SAS”
• 14:32 “while in preview co-pilot performs better in English language uh with English Bank transactions and in fact uh suggestions might not perform as well”
• 15:44 “there’s no need to import a file and you can see that our uh built-in algorithm matched one out of three lines based on”
• 16:04 “it matched the deposit line because it is a one one statement line to multiple Ledger entries this is something that the business Central”
• 18:11 “this single switch allowing data movement is really the last thing uh that remains for you to experience co-pilot in business Central”

Disclaimers in the video

• 2:38 preview: this is now available in public preview with 2023 release Wave 2
• 13:32 preview: this feature is available uh in public preview while we assess feedback from our community
• 13:52 coming-later: this will be delivered in a minor update for Wave 2 now keep in mind that minor updates span from November until March 2024
• 14:12 subject-to-change: bank account reconciliation assistance is only available for business Central online what we often refer to as SAS
• 14:32 preview: while in preview co-pilot performs better in English language uh with English Bank transactions and in fact uh suggestions might not perform as well in other languages

Presenters (as heard): Mike porch cardana, Brian Nelson, George chanic, Georgia.