What is Bank?

Modified on Thu, 6 Oct, 2022 at 2:05 PM

With Bank you can manage your bank accounts and their operations. It allows you to centrally supervise all your bank accounts in order to stay informed of their situation and more.

With Bank, you no longer need to login to your banks' websites to download your account statements.

You don't have to wait to receive your statements by mail to check and annotate them.

All your bank accounts are centralised in a single space. It is organised by company, giving you an overview of your cash position.

With Bank you can :

  • Consult the situation of each account as if you were logging on to the bank's website.
  • Categorise bank transactions in order to analyse them
  • Enter cheques to monitor your cash flow and transmit the information to the firm
  • Prepare bank remittances of received cheques, monitor cash flow and transmit information to the firm
  • Collect invoices directly from supplier sites

To get started, connect your banks and add the bank accounts you want to track.

The different types of accounting mode

Currently there are 2 types of accounting mode


Cash accounting is an accounting method based on receipts and disbursements. Your receipts and expenses recorded in the accounts correspond only to amounts that you have received and that you have paid.

The main advantage of this accounting method lies in the fact that only cash flows are taken into account and not commitments (debts and receivables).


Commitment accounting consists of recording receivables and debts in accounts, in addition to cash transactions.

Example: a supplier invoice (which is called a debt) must be entered or a customer invoice (which is called a debt) must also be entered, then the regulations.

The advantage of this method is to take into account expenses and receipts paid but also all receipts and expenses committed but not paid at the end of the financial year. Monitoring of third-party accounts (suppliers and customers) is also possible and projections are simpler.

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