Data Feeds

10.2.6 Bank Data Feeds: To Verify a Bank Transfer Entry

To verify a bank transfer entry from your Bank Data Feeds transaction list, select Bank Transfer from the Other group in the Category list.

Mclowd displays the Bank Transfer screen partially completed.

Bank transfer details

If the amount was shown in the data feed transactions list in red, the From Account should display the name of the account you are processing. Enter the account you transferred to in the To Account field.

If the transaction is shown in the list in green, the To Account should display the name of the account you are processing. Enter the account you transferred From in the From Account field.

Check that the date and amount are correct, and edit the Notes to ensure a meaningful reminder of the transaction details.

Click TRANSFER FUNDS to complete the transfer and return to the data feed transactions screen.

The transaction is marked Verified.


Note: The Verified marker is now underlined. By clicking the marker, you can view the transaction details you posted, or reverse an entry if you have made an error.



about the author:

Lorraine Cobcroft

With a background in accounting and financial management, followed by two decades writing software documentation, Lorraine joined the Mclowd team in mid-2016 and is enjoying working with a dynamic team to enhance an innovative product that has the potential to revolutionize the way Australians manage their retirement funding.
Lorraine is also an accomplished business writer, ghost-writer, novelist and short-story writer and poet.

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