Bank Accounts

Create New Bank Account

  • Click on the New Bank Account.
  • Enter the required details (Account type, Name, Number, currency, Openning Balnce).
  • After entering the necessary details, click Save.

Connect Your Bank Account

  • Click on the Connect Your Bank Account.
  • Enter the email address and phone number.
  • Click the Approve button to share your financial data with Balnzed.
  • Select your institution and log into your account.
  • Then select your bank account and click the enable icon.

Transactions

  • Go to Banking on the Navigation Menu and Select Transactions from the drop-down options.
  • On the Transactions page, click New Income or New Expense.

Creating a New Income

  • On the Transactions page, click New Income.
  • Enter the required details Date, Payment method, Account, Amount , Customer and Transaction number.
  • After entering the necessary details, click Save.
balnzed-New-income

Creating a New Expense

  • On the Transactions page, click New Expense.
  • Enter the required details – Date, Payment method, Account, Amount, Vendor Category, and Transaction number.
  • Then, Save.

Transfers

Creating a New Transfer

  • Go to Banking on the Navigation Menu and Select Transfer from the drop-down options.
  • On the Transfer page, click New Transfer.
  • Enter the required details From Account, To Account, Date, Amount and Payment method.
  • After entering the necessary details, click Save.

Reconciliations

Reconciling Transactions

  • Go to Banking on the Navigation Menu and Select Reconciliations​ from the drop-down options.
  • Select your bank account.
balnzed-reconciliation
  • Match your Bank transactions with those on Balnzed.
balnzed-reconciliations-index

Actions:

  • Match - match your transactions
  • Find and match - you can find the transaction that suits you and split or match it..
  • Create - Create new expense.
  • Transfer - Create new transfer.

Consent Management

  • Go to Banking on the Navigation Menu.
  • Select Consent Management​ from the drop-down options.
  • You can Stop share, Extend or Delete your bank account.