Bank Statement Import into Online Accounts System
More and more people are using online banking to look after both their personal and business finances. Online banking software offers many benefits - ease of use, instant access to statements, clear and precise details of your bank accounts, all of these add up to a great service that can help make one part of runnning a business less onerous.
Arithmo takes this one step further. By taking the export function built into most banking software and integrating it, we have made it possible to import the data from your online bank statement directly to your online accounts system. A simple bank statement software interface allows for many online accounts to download your statement to your own computer. One click from our system allows you to access your file.
Once you have done this, it is a simply a question of confirming that the entries are either income amounts or expenses. (You can of course edit the details and add your own notes to any entry.) When you have done this, one click sends all the transactions to your records.
This facility really does make bookeeping as simple as possible.