Enabling Bank Feeds (Intacct)

enabling bank feeds step 1 locate the account go to cash management → checking on the checking page, select edit on the account you wish to turn on bank feeds for step 2 activate bank feeds under the banking cloud tab, click connect in the search bar search ‘bmo' select bmo – powered by fispan next, review the conditions and click on the checkbox to agree click continue to proceed you will be redirected to a landing page that will require you to sign in to the fispan wizard select login now step 3 match account for bank feeds after logging in, select the account from step 1, then select save and finish you will automatically be redirected back to sage after being redirected back to sage, select the same account and click ok choose the date you want transactions to start from note you must complete account matching within 60 minutes, or the installation wizard will time out step 4 confirm bank feeds select confirm to confirm the activation of bank feeds once the connection is successful, the status will change to connected note if you are processing more than 100 transactions, we advise you to wait until the next day to see the transactions posted once the account is connected , go to cash management > reconciliation > bank and follow your native reconciliation process do not forget to add a rule set, which is an intacct requirement, before starting the reconciliation note if the account is in pending status, it means that the transactions have not been pushed for this account you will need to wait until the transactions are successfully pushed to this account before seeing it marked as connected set up multi account bank feeds sage bank feeds allows you to connect multiple accounts to the plugin once one bank account has been connected to bank feeds, other accounts can be connected simultaneously through a financial institution connection follow the steps below to set up multiple accounts for bank feeds set up a financial institution note confirm that both cash management and sage cloud services are enabled in the subscriptions section in the sage cloud services configuration, confirm the enable bank feeds checkbox is checked if this does not work, please contact sage support and ask to get access to the financial institution first, one bank account needs to be enabled using the ‘traditional’ bank feeds method, as mentioned in the note above once that is completed, go to cash management → set up → financial institution and create a new financial institution this allows the user to create a connection to the bank map accounts for bank feeds select map accounts and choose which accounts are to be enabled on bank feeds warning there is a 60 minute time limit between map accounts and save and continue if this action is not completed within 60 minutes, the connection process will fail, and the account will remain pending with no transactions coming in if there are more than 100 transactions, the plugin will upload them into the system in batches of 100 this may cause some transactions to appear initially, while others will appear later typically, it takes a few hours to view all your transactions after mapping the accounts, statuses can be seen in the accounts tab the transactions can then be observed by hitting bank transactions in the cash management module or by going through the reconciliation module