MYLEDGERBank 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.
The problem it solves
Keying or uploading statements every month is slow.
How it works
- The client consents to share their bank data.
- Sync the consented accounts.
- Watch progress as transactions arrive.
What your practice gets
- Bank lines without statements.
- Progress visible.
- Ongoing access while consent lasts.
Watch it in the product
A short recording of open banking sync in use.
Questions accountants ask
What is open banking?
Bank data sharing under Australia's Consumer Data Right, with the client's consent.
Do I need the client's bank login?
No. The client consents directly.
Is there a tutorial?
Yes, see the bank sync with open banking tutorial.
Related features
Features that work alongside open banking sync.
Client ledgers list
List, search and open your clients' ledgers, including clients brought across from FEDIX, and set the client you are working on.
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.
Bank feed freshness
See when bank data was last refreshed, with a clear badge when it is stale.
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.
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.