Introduction to bank accounts and bank feeds
Description

Banking explained

The Banking area of Sage Sole Trader is where you'll set up and manage your Bank Accounts.

By default you start with a Bank Account and a Cash Account setup for you.

If you’re using Sage Sole Trader Paid, you can add more bank accounts. 

Bank feeds explained

A bank feed is a secure connection between your bank account and Sage Sole Trader.

Connecting to your online banking platform allows Sage Sole Trader to import your transactions automatically.

Your connected bank feed regularly checks for any new transactions, and posts them to the Draft area for you to review and save.

Add transactions

Whenever you create transactions, this updates the total balance of your bank account.