Step 18: Bank Feeds Setup

by enabling bank feeds for the plugin, your bank establishes a reliable and secure flow of transactions from your bank into sage intacct’s reconciliation module bank transactions that settled the previous day are imported each morning for example, transactions that are settled on tuesday will be pushed into sage intacct early on wednesday morning the exact timing can vary depending on when your bank sends the first transaction file (pdr) 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 "j p morgan" or select jp morgan access – powered by fispan from the list of banks already displayed agree to the terms and conditions and select continue you will be redirected to a landing page that will require you to sign in to the fispan portal 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; otherwise, the installation wizard will time out, the connection will fail, and the account will remain pending with no transactions coming in to retry, disable the account(s) under the accounts table and reinitiate the mapping process 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 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 once the account is connected , go to cash management > reconciliation > bank and follow your native reconciliation process set up multi account bank feeds bank feeds allows you to connect multiple accounts to the plugin once one bank account has been connected to bank feeds by following the enabling bank feeds page, other accounts can be connected simultaneously through a financial institution connection note before you set up the financial institution, ensure 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 as per the enabling bank feeds page if this does not work, please contact sage support and ask to get access to the financial institution follow the steps below to set up multiple accounts for bank feeds set up a financial institution go to cash management → set up → financial institution and create a new financial institution this allows you to create a connection to the bank create the id and name as desired map accounts for bank feeds select map accounts and choose which accounts you would like to enable on bank feeds note you must complete account matching within 60 minutes; otherwise, the installation wizard will time out, the connection will fail, and the account will remain pending with no transactions coming in to retry, disable the account(s) under the accounts table and reinitiate the mapping process 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, the banking cloud statuses can be seen in the accounts tab to view your account information, click bank transactions in the cash management module you can also view this information through the reconciliation module