If you come across a particular value that appears to have been transferred between two accounts, you can manually assign a transfer match. You can also assign transfer matches between transactions that are not the exact same dollar amount, or transactions that occurred more than seven days apart. Here’s an example: a $1,000 cash withdrawal, and a $1,100 cash deposit into a separate account, made ten days later.
Here’s how you search for transfer matches in Ocrolus:
1. Select a transaction in the “Financial Activity” tab to open Snapshot.
2. Click “Find Transfer Matches.”
3. After selecting “Find Transfer Matches,” you will be prompted to set two search filters: “Date Proximity” and “Closeness in Dollar Value.”
4. Date Proximity: Select how many days before/after the current transaction that the transfer occurred. You can set the slider from zero (0) to thirty (30) days.
5. Closeness in Dollar Value: Choose how close the potential transfer has to match by dollar amount. 0% means an exact match, 25% means there’s a difference of 25% between the two dollar amounts, and so on.
6. After you set the sliders, Ocrolus will display the “Transfer Match Results.” You can choose a transaction to link as a Transfer Match, or reject the findings.
7. After hitting “Save,” the two transactions are then linked together with a Transfer Tag that features a matching ID number.