How to - Reckon BankData

Direct Bank Feeds

Yodlee

About bank feeds

This article explains the different types of bank feeds available in Reckon products: Open Banking, Direct Feeds, and Yodlee. It covers how each feed type works, their benefits, and the factors to consider when choosing the right one for your business. Learn how bank feeds can save time, improve accuracy, and provide secure, real-time access to your financial data.

Set up Open Banking in Reckon One

This article guides you through setting up Open Banking feeds in Reckon One, including the steps to ensure your account is Consumer Data Right (CDR) ready. It also explains how to appoint a nominated representative for business accounts and provides detailed instructions for adding and configuring Open Banking feeds. Learn how to connect your bank, authorize data sharing, and manage account settings for seamless integration with Reckon.

Linking bank feeds to accounts in Reckon One

How to link and unlink an active bank feed to a bank account in Reckon One and Reckon Accounts Hosted, so that transactions are automatically received into your Reckon product.

View and modify bank feeds

This article explains how to manage bank feeds in Reckon products, including viewing feed statuses, editing feed details, and deleting bank feeds. Learn how to check the status of a feed, view and modify feed details, and change the account name.

Set up direct bank feeds in Reckon One

Direct Feeds in Reckon products are a feature that allows you to automatically import your bank transactions into your Reckon account. This feature provides a seamless connection between your bank and Reckon products, helping you save time and reduce errors by eliminating the need for manual data entry. Direct Feeds are typically set up with participating banks, and once connected, your transactions are imported directly into Reckon products for easy reconciliation and accounting management.

Set up Yodlee feeds in Reckon One

This article guides you through setting up Yodlee feeds in Reckon products. Learn the steps to add a Yodlee feed, including creating a Bank Data tile in the Reckon Portal, selecting your bank, and entering your bank login details. Once connected, transactions will appear in your Reckon product within an hour.

Index of BankData Resources

Knowledge Browser Articles. Issue Bankdata Reckon One Reckon Accounts Error 522 adding an account on Yodlee KB5208 Using additional security(MFA) for first time with Yodlee KB5548 Trans for Yodlee co…

BankData FAQ

What is BankData? BankData is a Reckon facility to connect your Reckon accounting software (Accounts Business, Reckon Accounts Hosted and Reckon One) to your nominated bank accounts to provide a seam…
Powered by HelpDocs (opens in a new tab)

Powered by HelpDocs (opens in a new tab)