Bank Accounts

All about bank accounts

9 articles in this collection

Collections

Understanding Your Opening Balances

Are you struggling to figure out how to make your Opening Balances work out?The Short Answer:Simply put - YTD Revenue less YTD Expenses = YTD Net Profit  --  We have our clients come up with beginning balances for their assets, liabilities, any OE...

By Joshua waldman

Updated 2 months ago

How to update to the new Bank Feeds

Your old bank connections stopped on 8/15/2018, here's how to reconnectOn Monday, August 13th, all connections to our old provider will be cut. So if your bank was previously connected, you'll need to reconnect. Please follow these instructions to...

By Joshua waldman

Updated 2 months ago

How to manually import bank transactions

If having a problem with the auto-sync and need to get transactions into the system, this is the way to complete the task manually.First you have to create the bank account(if this is done skip to the export data step)Head on over to Accounting >...

By Joshua waldman

Updated 2 months ago

Manually importing transactions

Sometimes users want to bulk import transactions into Billy. This is the way to accomplish that task.Step 1: Create Bank AccountFirst you have to create the bank account: (if this is completed skip to Step Two: Data Migration )Head on over...

By Joshua waldman

Updated 2 months ago

How to delete bank transactions

Sometimes you need to remove bank transaction from your Reconciliation options.Sometimes you need to remove bank transaction from your Reconciliation options. For some reason there was a duplicate. Or after the transaction came into the system the...

By Joshua waldman

Updated 2 months ago

What banks do you support for automatic syncing?

Will you support my bank? Maybe, check out our list here.We support over 9,000 banks worldwide and add more every single month. To see if your bank is supported, check out our list...

By Joshua waldman

Updated 2 months ago

Bank accounts overview

This short video provides an overview of how bank accounts are treated in Billy. Getting your bank accounts set up correctly from the beginning is important, so make sure to reach out to a Billy support agent if you have any questions. *Note that...

By Joshua waldman

Updated 2 months ago

Link your bank account

One of the easiest ways to get a bunch functionality out of your accounting system is by linking your bank account. In Billy, we have connections to several financial institutions that allow us to pull your bank data directly into your accounting...

By Joshua waldman

Updated 2 months ago

Bank reconciliation

This short video provides an overview of how to reconcile your bank account in Billy. Getting your accounting system to line up with your bank account is an important part of staying on top of your finances. 

By Joshua waldman

Updated 2 months ago