Bank Feed Query

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  • Updated 1 year ago
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Hi, I have been recommended Reckon from my accountant to track personal expenses, therefore not your usual "Business" user. I have a query about the bank feeds. If I purchase Bank Feeds Lite, is that for one account per month or can it be for multiple accounts? I have 7 accounts over 2 banks that require a feed.

Thanks in advance.
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Daniel Bingham

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Posted 1 year ago

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John G, Information Support Analyst

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Hi Daniel,

Bankdata records are created for users who can then authorize its use in any Book to which they have access, and not just the books they own.  So yes, your one BankData record can be used in multiple books.  The limitations are that a bank account can only be linked to one bank ledger account, and transactions once downloaded cannot be downloaded a second time.  A BankData plan has a download allowance associated with it which like domestic ISP internet plans resets to you allowance limit on your monthly renewal.  

Hope this helps.

regards,
John.