Also new is a vitrual lockbox.The cash application engine features include configurable Cash Application Rules for matching unapplied payments with invoices; CashMatch AI^, an algorithm for recommending matches between unapplied payments and invoices or balances;Multi-Invoice Application can match unapplied payments to balances across multiple open invoices, with short-pay and over-pay options. In addition, the system provides payment data import via bank feed, lockbox BAI file or spreadsheet while it also automatically detects and processes remittance advice. The virtual lockbox enables check payments to be automatically scanned, deposited, presented within Invoiced, analyzed via OCR and matched via user-defined rules or via CashMatch AI recommendation algorithm. The lockbox requires Checkstream-enabled account provided Earth Class Mail.