Bank Accounts

Create New Bank Account

• Click on the New Bank Account.
• Enter the required details (Account Type, Name, Number, Currency, Opening Balance).
• 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 Number.
• After entering the necessary details, click Save.

Creating a New Expense

• On the Transactions page, click New Expense.
• Enter the required details – Date, Payment Method, Account, Amount, Vendor and 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.

• Match your Bank transactions with those on Balnzed.

Actions:

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

Consent Management