Connect your bank feeds, make admin a breeze

If you’re banking online then you can easily and securely make a connection between your bank and Sage Accounting – this is called a bank feed. Transactions will automatically import into Sage Accounting, doing all of your regular manual admin for you.

When you’ve connected to your bank feed, you can begin bank reconciliation.

Read more on bank reconciliation.

Start set up: Sign into Sage Accounting and select the option to connect your bank account to a data feed.

1. Choose your bank: Select your bank from the list and enter account details
2. Give authorisation: Let your bank know you're happy to send Sage data.
3. Activate the feed: Once activated, your bank transactions will flow into your accounts.
4. Set up rules: Use custom rules to categorise transactions.
5. Start reconciliation: New transactions will be automatically categorised and allocated.

By using bank feeds you can:

• Save time with an automated process that pulls data from your bank to Sage
• Take control of your cash flow with better visibility of your data
• Have confidence that your data is secure by sharing it via a secure connection
• Use up to date reports to stay on top of your cash
• Use bank reconciliation to further automate admin

Yes. Your bank feed is shared with Sage through a secure connection. All you have to do to get started is grant access with your bank and confirm every three months that you’re still happy to share data with us.

Sage Accounting connects directly to hundreds of banks. And we can help you to get set up.

See the full list of banks

Direct bank feeds:

• Where we have an agreement with your bank or financial institution to connect in a specified way
• Usually requires you to complete an authorisation form
• The authorisation process can take up to from 3 to 10 working days from receiving the form before the connection is set up
• Once set up there is no need to re-authorise your connection
• Transactions are usually sent to Sage daily

Open bank feeds:

• Usually requires you log in to your online bank account as part of the connection process
• You'll need to know you online bank account details, including the username and password
• Re-authorise your account every 90 days
• Your bank feed is usually set up and connected within 30 minutes

Bank reconciliation is the process of comparing your business financial records with transactions on business bank statements to make sure they match. It helps you:

• Save time with an automated process
• Control cash with a secure view of all of your transactions in one place
• Improve accuracy and spot fraudulent activity

Discover more about bank reconciliation