The quickest and easiest way to track your transactions and reconcile your account is to link your bank account. After that, the software does a lot of the heavy lifting so you have more time to focus on your business.
Our integration with Finicity allows you to connect with multiple financial institutions and pull bank data directly into your account. We are a highly secure platform that is committed to protecting your privacy.
By linking your bank account, your business expenses, income, assets, and liabilities will be easier to manage. Note: Here is a list of bank institutions we integrate with.
Step 1: Navigate to the Bank accounts page on the Navigation Menu.
Step 2: Click the down arrow in the drop-down box in the top left corner.
Step 3: Select the type of account you wish to connect. If you have used all the available accounts, click +Add new account at the bottom and create an additional account.
Step 4: If you selected one of the preset accounts (Business Checking, Business Credit Card, etc.), click on More, then Edit account.
If you choose to +Add new account, a pop-up screen labeled Create Account will appear.
Step 5: Enter the basic information for your new account, most importantly:
For checking/savings accounts, select the account type: Bank and liquid assets
For credit cards, select the account type: Credit Cards
Step 6: Once you've added all of the information for your account, click the Link my bank account button.
Step 2: Once you've selected your bank, you'll enter your online banking login information.
Step 4: Depending on your bank, you will need to answer some security questions or input a code provided by your bank for further authentication.
After you've been authenticated, you'll be brought back to your account. If you have multiple accounts with your bank, you'll be asked which account you'd like to connect. If you want to connect more than one account, you'll need to set up a new bank account using the same process as before.
You'll also need to specify the date you want to start pulling transactions from. It's a good idea to only pull the transactions you need so that your accounting system doesn't become cluttered. Learn how to determine your Opening Balance here.
Once you've set your start date, you're all set! Automated accounting will start looking for transactions and pull them when they arise in your online bank account.
To make sure that your bank has synced and your transactions have been imported:
Step 1: Navigate to Bank accounts on the navigation menu.
Step 2: Select the account you want to view.
Step 3: Click on the green Match Transactions button to view all of your transactions.