icon, enter Bank Accounts, and then choose the related link.You can import electronic bank statements from your bank to quickly fill on the Payment Reconciliation Journal page so you can apply payments and reconcile the bank account. For more information, see Applying Payments Automatically and Reconciling Bank Accounts.
The Envestnet Yodlee Bank Feeds service is only supported in the online version of Business Central. To use this functionality on-premises, you must obtain a cobrand account from Envestnet Yodlee.
The Envestnet Yodlee Bank Feeds service is only supported in the US, Canada, and UK.
The Envestnet Yodlee Bank Feeds service is installed as an extension to Business Central online and is ready to be enabled in the supported countries. For more information, see Customizing Business Central Using Extensions.
After you enable the bank feed service, you must link a bank account to the online bank account that the feed will come from. You link bank accounts to online bank accounts in the following different scenarios:
When the bank feed service is enabled, you can set a bank account up to automatically import new bank statements into the Payment Reconciliation Journal page every two hour. Transactions for payments that have already been posted as applied and/or reconciled on the Payment Reconciliation Journal page will not be imported. For more information, see the “To enable automatic import of bank statements” section.
If you use the Set Up Company assisted setup guide, some of the steps in the following procedures happen automatically when you get to the company bank account setup. For more information, see Getting Started.
icon, enter Bank Accounts, and then choose the related link.The bank feed service will be enabled when you link a bank account to its related online bank account. See the next procedure.
If you use the Company Setup assisted setup guide, then you enable the service by selecting the Use a bank feed service check box. For more information, see Creating New Companies in Business Central.
icon, enter Bank Accounts, and then choose the related link.Select the relevant bank account, and then choose the Create New Linked Bank Account. The Bank Account Linking page opens after a few moments.
This page shows the actual web page of the Envestnet Yodlee Bank Feeds service. Terminology and functionality on the page may not match instructions provided in this topic.
The bank feed service prepares to link the first online bank account at the specified bank to a new bank account in Business Central .
If you have more than one online bank account at the bank, you must create additional bank accounts in Business Central for them. See steps 8 through 10.
After the process completes, the bank name will appear in the My Accounts pane on the Linked tab. The number in brackets indicates how many online bank accounts were linked.
Choose the OK button.
If you are only linking one online bank account, the Bank Account Card page opens and displays the name of the online bank account. In this case, the bank account linking task is completed. All that's left to do is to set up the bank account. For more information, see Set Up Bank Accounts.
If you are linking more than one online bank accounts, the Bank Account Linking page opens and lists the online bank accounts that are not yet linked to bank accounts in Business Central . In that case, follow the next step.
On the Bank Account Linking page, select the line for an online bank account, and then choose the Link to New Bank Account action.
The Bank Account Card page for a new bank account opens and displays the name of the online bank account.
If a bank account already exists in Business Central that you want to link the additional online bank account to, follow the next step.
icon, enter Bank Accounts, and then choose the related link.Enter the username and password that you use to log on to the online bank, and then choose the Next button.
The bank feed service prepares to link your bank account in Business Central to the related online bank account.
When the process has completed successfully, the bank name will appear in the My Accounts pane on the Linked tab. If the bank has more than one bank account, only the bank account that you selected in step 2 is linked.
On the Bank Account List page, the Linked check box is selected.
icon, enter Bank Accounts, and then choose the related link. If you choose Yes on the confirmation dialog, the link to the online bank account is removed, and the log-in details are cleared. To link the bank account to the online bank account again, you must log on to the bank again. For more information, see the “To link a bank account to an online bank account“ section.
icon, enter Bank Accounts, and then choose the related link.If issues exist for any of the linked bank accounts on the Bank Account List page, the Bank Account Linking page opens specifying which bank accounts have issues. Issues can best be resolved by unlinking the online bank account and then re-creating the link. For more information, see the “To link a bank account to an online bank account“ section.
icon, enter Bank Accounts, and then choose the related link.On the Automatic Bank Statement Import Setup page, in the Number of Days Included field, specify how far back in time to get new bank transactions for.
It is recommended that you set this value to 7 days or more.
Every hour, the Payment Reconciliation Journal page will display new payments that are made on the online bank account.
Transactions for payments that have already been posted as applied and/or reconciled on the Payment Reconciliation Journal page will not be imported.
Setting Up Banking
Managing Bank Accounts
Applying Payments Automatically and Reconciling Bank Accounts
Customizing Business Central
Using Extensions
Working with Business Central
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