Bank Feeds FAQs

Bank Feeds FAQs

What is Bank Feeds? 

Bank Feeds automatically imports transactions from your nominated bank account into your Cashflow Manager application, removing the requirement for you to manually import your transactions. 

 

 

How does Cashflow Manager connect with my bank? 

Cashflow Manager connects to your bank via a third-party provider called Yodlee. As a third party, Yodlee retrieves transactions from your bank account and imports them into Cashflow Manager on your behalf. 

 

Does Cashflow Manager have access to my bank account? 

No. Cashflow Manager uses Yodlee as a third party to provide the transaction data from your bank account to display in your Cashflow Manager desktop application. Cashflow Manager does not have access to your bank account details, only the transaction data that is provided in the feed. 

 

Where is my data stored for Bank Feeds? 

The transactional data from your bank account is stored in your Cashflow Manager program on your computer. Yodlee stores data in Australia. 

 

When I share my back up with someone else such as my accountant or Cashflow Manager, does this also give them access to my bank login details? 

No. Cashflow Manager does not store any of your bank information, including your internet banking login details, in the program. 

 

How do I add a bank account or credit card account? 

For a detailed explanation on how to connect your accounts to bank feeds please refer to the below guide;

https://help.cashflow-manager.com.au/portal/en/kb/articles/adding-connecting-and-using-bank-feeds

 

How do I edit, delete or archive a bank account? 

For a detailed explanation on how to edit or remove bank accounts you have connected to bank feeds please refer to the below guide.

https://help.cashflow-manager.com.au/portal/en/kb/articles/adding-connecting-and-using-bank-feeds

 

Are Bank Feeds available for my bank? 

Yodlee connects to all Australian banks. 

 

How much does bank feeds cost? 

Bank feeds costs $5 per business file, per month. 

 

If I don’t like bank feeds, can I cancel and get a refund? 

Bank feeds can be cancelled if you no longer require it as there is no minimum commitment.

If you pay monthly for your Cashflow Manager subscription, you will not be charged for bank feeds if you cancel it 48 hours prior to your next subscription payment date. If you pay annually, you will have paid for bank feeds upfront for the year.

If you decide to remove access to bank feeds part way through your subscription, the amount left on your account will be pro-rated to the end of your subscription period. There is no refund available. 

 

Can my accountant set up automatic Bank Feeds for me? 

No. Bank feeds must be set up by you as you will need to provide your bank details, including your login, to get things up and running. 

 

Can I have Bank Feeds on just one of my business files? 

No. If you have multiple business files, bank feeds must be added to all files at a cost of $5 per file, per month.


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