MYLEDGER Accounting preparation
Bank feeds & open banking
Bring bank transactions in automatically through Consumer Data Right open banking, with client consent, account assignment, daily refresh and data deletion when consent ends.
Who it is for
Accountants and bookkeepers who want client bank transactions in the ledger without statements or retyping.
Features in Bank feeds & open banking
Open banking sync
List the bank accounts a client has consented to share and sync their transactions, with progress shown as it runs.
VideoImport bank feed transactions
Import synced bank transactions into the client's ledger, skipping ones already imported.
VideoClient bank data consent
Send the client a consent link or email so they can authorise bank data sharing themselves.
VideoOpen banking account assignment
Assign each shared bank account to a client and a ledger account, in bulk if needed, and turn on automatic import.
Data deletion choice when consent ends
Record whether the client wants their shared bank data deleted or kept when consent ends, and carry out the deletion.
Bank feed freshness
See when bank data was last refreshed, with a clear badge when it is stale.
Overnight bank refresh
Accounts with automatic import are synced and imported once a day overnight, so bank lines are waiting each morning.
Consent expiry clean-up
Data from revoked or expired bank data consents is purged automatically.
More from MYLEDGER
See it working in your practice.
Start with one workflow and adopt more of the connected practice system over time. Your team reviews and approves the work.
14-day free trial. A payment method is required to start. Your paid subscription starts automatically when the 14 days end; cancel during the trial and you pay nothing. After the trial, a 6-month minimum term applies, then month-to-month. Commit to 12 months up front and the monthly price is 20% lower. See pricing.