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Bank Feeds and Bank Statement Apps - Canada
We currently import our bank statement using a .csv file, we manually enter bank transactions.
We are considering using the newly improved Bank Feed App to import transactions.
Do we need to consider using the Bank Statement App as well? or do we continue with our statement import via .csv? (found BAI2 to be an expensive proposition for the bank to supply which is why using .csv)
Does the Bank Feeds App benefit come from not having to key in any transactions to any accounts being linked?
Can anyone discuss process changes from going from manual entry of bank transactions to using Bank Feeds? Is there some process of "confirming" or excluding transactions and essentially someone would do this each morning?
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