It would be great to be able to link bank feeds directly into our bank rec area. This would allow auto match which you just then confirm. Would save a lot of time. There are a number of others which do this so its not a ground breaking area. Good for productivity
by: Ryan G. | over a year ago | General Enhancements
Comments
Already there... Bank Services, Bank Transactions, Import OFX Statements & Reconcile OFX Statements
But accounting software like Xero has it automated, saving time each and every day.
Compare to inefficient Sage:
> log in to Bank website, select tranx range, download tranx
> log in to Sage run Bank Services, Bank Transactions, Import OFX Statements ...
OK - so that's one bank account done, only another 4 to go!
This needs prioritising and extending to process AR receipts directly from the bank feeds and allow allocation straight from the feed.
All other competitive software now does this or is imminent. We are a Business Partner and prospects/customers always request it now.
Also AP payments to bank where available as a feed.
The OFX method just doesn't cut it any more.