Using bank feeds

Once you've set up bank feeds, it's easy to download your live bank transactions and match them in your accounts.

Follow our alternative article if you're using bank feeds in Sage 50 Accounts v29.2 and above.

Download from your bank

You can download transactions as often as every 15 minutes. 

1. Select Bank accounts, choose the bank account and click Bank feeds.
2. Select Download transactions.
3. Select OK then click OK again.

TIP: To hide unnecessary downloaded transactions, such as those already reconciled, select the bank transactions and click Ignore.

Match transactions

The next step is to match the downloaded transactions against your software transactions.

Match automatically 

The Auto match feature matches transactions that have the same amount, transaction type and dates within four days of each other.

• To match automatically, click Auto match.

Match manually

You can manually match any transactions that don't automatically match. 

1. In Transactions from your bank, select the relevant transaction.
2. In Transactions in Sage, select the transaction you wish to match, then click Match.
   TIP: To filter the transactions in Sage, you can add a date range at the top right.

The matched transactions now appear in Matched transactions panes.

Create new transactions

TIP: If you don't need to create any transactions, move to the next section, Confirming your matches.

You can create any downloaded transaction that isn’t in your software.

1. In Transactions from your bank, select the transaction type you want to add.
2. Click Create, select the transaction type and click OK.
3. Enter the transaction details, then click Save.

If your transaction matches, it moves down to the Matched transactions pane. 

Confirming your matches

Confirming your matches removes them from the bank feed and flags the transactions as matched.

• To confirm matches and continue to your bank reconciliation, click Confirm and continue to reconcile
• Click Confirm matches if you don't want to reconcile your bank yet. This confirms matches and closes Bank Feeds

• Automatic bank transactions - You can create and manage automated Bank feeds transactions
• Easy reconciliation - Find out how to reconcile your bank account if you use Bank feeds  
• Something not working? - Our Troubleshoot bank feed issues article will help you

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