Bank Data Feeds automate data entry in Mclowd by facilitating direct import of data from online bank statements. This saves you the tedium of manual entry and avoids risks of creating reconciliation challenges by missing entries.
Data can be imported by either of two methods: Importing a CSV file exported from your bank, or via a live SISS data feed (optional).
After importing the data, you will be presented with a list of unallocated bank transactions. Clicking a transaction enables quick and easy allocation.
Go to https://app.mclowd.com/data-feeds-sds for more information about live data feeds, or to subscribe to the service.
Refer to Section 10 of this User Guide for detailed instructions on using either CSV import and SISS data feeds to update your data.