What does “Bank rule” mean in bookkeeping?

Bank rule: An instruction that tells the software what to do with bank lines that match it, such as "any line containing METRO POWER goes to Utilities". A rule can fill in the details for you to check, or post the line automatically.

ExampleA rule that categorizes every MONTHLY SERVICE FEE line as Bank fees.

Written for US bookkeeping. Last reviewed November 5, 2026. See all 100 terms.