Linking Bank with Accountancy Software

[DariusCool]

Hi

What are people's experiences linking their bank account with their accounting package?

Is it worth it?

Thanks

 

[Clearaccy]

It depends on what package you’re using.

Xero and Sage work great in my experience.

 

[james_firmsites]

We use Xero with Barclays and it is pretty good. There are integrations with Paypal, Gocardless and we also have Whmcs setup on there .

I would strongly advise you check with your accountant as to which packages they work with, as some seem to preference certain ones over others.

 

[GillespieBS]

I think its worth it. Xero (for instance) uses a free feed via Yodlee and it should work fine. If it doesn't just disconnect and do it manually.

Also, if you want a glimpse into the future have a look at CountingUp. Its an accounting bank! so a bank account and accounting software in one.

 

[DariusCool]

We have SAGE and the bank is HSBC. They make it sound good but they always do. SAGE can be a right pain especially integrating with modern technology so thought I best check