Agrimaster has two ways to download a bank statement from your bank to the cashbook. Each method has its pros and cons, yet the outcome is almost identical.
- Automated bank feeds setup through Agrimaster’s File Manager.
-
Manual CSV statement download from the bank accessed directly through the Agrimaster cashbook.
- Both methods save you a lot of time doing your books.
- Both methods download almost identical sets of data.
- Automatic Cashbook reconciliation process works the same for both.
Automated Bank Feeds >
| Pros | Cons |
Transaction automatically imported overnight. |
Not all banks are supported. |
One less step to reconcile. |
Some commercial banking products are not supported. |
Pending transactions are available to be imported. |
If importing pending transactions, these may not include foreign fees, and the value may change once settled. |
| Security Validation is required each month. |
CSV Transaction Download >
| Pros | Cons |
| Supports a larger range of banks & banking products. | Need to download the transactions as you require them. |
| Choose the download date range in the specific month that you are reconciling, i.e., a day, week, or month. | No closing balances; these are entered manually. |
Choose an account to download. |
|
| Only imports settled transactions. | |
Feel more in control. |
Once you have chosen your preferred method, the following articles and videos will help get your automatic reconciliation working in no time.
Setup manual CSV transaction download:
- Prerequisites To Using Internet Banking With Agrimaster – Agrimaster
- How to: Setup Internet Banking – Agrimaster
- How to: Download Bank Statements and Import Bank Transactions – Agrimaster
- How to: Import Transactions – Agrimaster
- How to: Reconcile Your Statement Automatically – Agrimaster
- Internet Banking – Agrimaster
- Setup Bank Feeds: Bank Feeds – Agrimaster
If you need any further help:
Book a private consultancy with one of our team >
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