Allocation is the process of reconciling all the money across your business.
Some transactions will relate to invoices, others to bills and the rest to general transactions in your chart of accounts.
Transaction reconciliation happens at several levels. If a payments provider claims to have made a payout, we will reconcile it against against the relevant bank transaction, before making the individual payments available to be reconciled.
If a transaction can not be automatically reconciled, suggested matches will be given to guide you.