{"id":8555,"date":"2024-02-22T13:00:17","date_gmt":"2024-02-22T11:00:17","guid":{"rendered":"https:\/\/support.simplbooks.fi\/fi\/kayttoohjeet\/processing-bank-transactions\/"},"modified":"2024-02-22T13:00:17","modified_gmt":"2024-02-22T11:00:17","slug":"processing-bank-transactions","status":"publish","type":"ht_kb","link":"https:\/\/support.simplbooks.fi\/fi\/en\/kayttoohjeet\/processing-bank-transactions\/","title":{"rendered":"Processing bank transactions"},"content":{"rendered":"
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This guide explains how to process bank transactions that arrive in the software.<\/strong><\/p>\n\n\n\n

You can find instructions for setting up a bank connection here<\/a> and instructions for paying purchase invoices here<\/a>.<\/p>\n\n\n\n

Bank transactions imported from a bank statement file are processed in the same way. Instructions for importing a bank statement as a file can be found here<\/a>.<\/p>\n\n\n\n<\/div><\/div>\n\n\n

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Bank connections significantly speed up bookkeeping. With a bank connection, you can see your bank account balance<\/strong> on the SimplBooks home page, and bank account transactions<\/strong> are imported automatically into the software once a day. Payments and receipts are matched to invoices automatically when the details match, so no manual accounting entries need to be added.<\/p>\n\n\n\n

Activating bank connections takes just a few minutes using online banking credentials. Bank transaction import and the bank balance on the home page are available immediately. <\/p>\n\n\n\n

If you wish, you can also enable the payment feature, which allows you to pay invoices directly from SimplBooks.<\/strong> Activating the payment connection typically takes a few days.<\/p>\n\n\n\n<\/div><\/div>\n\n\n\n

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After activating the bank connection, bank transactions from business days are imported into the software once a day. SimplBooks processes invoice-related transactions automatically, primarily using reference numbers. If the software cannot automatically match a bank transaction to an invoice, it is placed in a queue awaiting processing. You can see bank transactions pending review on the software home page.<\/p>\n\n\n\n

If you do not have bank connections, you can import a bank statement into the software as a CSV or XML file. Bank transactions are processed in the same way regardless of whether they arrived automatically via a bank connection or were imported as a file.<\/p>\n\n\n

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If there are pending bank transactions in the queue, click “View here” to process them. Transactions are saved as payments<\/strong>, receipts<\/strong>, or accounting entries<\/strong>.<\/p>\n\n\n\n