Add a Bank Account or Credit Card Account

In Zoho Books, you can track your transactions, have manual and automatic feeds imported for your bank and credit card accounts.

Accounts can be added either by,

Navigate to the Banking module and click on the Add Bank or Credit Card button, placed in the overview screen of the Banking module.

Banking Overview

Accounts Connected with Bank Feeds Automatically

Zoho Books can be connected with more than a thousand banks and credit cards readily available from different regions across the globe. Enter the name of a Bank or Credit Card that you would like to connect with Zoho Books and select from the drop down.

Connecting with your bank

Popular Banks

After selecting the bank or credit card, enter the login credentials for the account to be connected with Zoho Books. This will automatically fetch bank feeds into your account.

P.S: Zoho Books works with a third party service provider called Yodlee, a major online banking solutions service provider. Yodlee collaborates with several banks to provide bank feeds. Zoho Books does not store any of your login credentials.

Bank Feeds

Once you add an account from the list of banks available, bank feeds will be automatically enabled by default.
To identify if the bank feed in your account has been activated or not, just check on the bank feed icon present next to the account name.

Bank Feeds

For your account with bank feeds you can,

Update Credentials:

Login credentials of your bank account is very important for the bank feeds to be fetched into your account. Some cases where it will be necessary to update your credentials are,

Refresh Bank Feeds:

Bank feeds are fetched every 24 hours into your account. At times, you would want to look at the current transaction that happened in your account. In that case, you can refresh bank feeds to have the account updated instantly. But refreshing of feeds has a limitation and can be only used once a day.

Some banks adopts MFA for security purposes. If your bank adopts MFA, you will have to manually refresh the feeds.

What is MFA?

Multi-Factor Authentication is an authentication approach which requires the presentation of two or more authentication factors like questions, images and code verification. Unless the authentication is cleared the bank will not allow Zoho Books to automatically fetch the feeds.

You can try to manually refresh the feeds whenever required.

Bank feeds can also be deactivated.

Navigate to the Banking module and select the account if you wish to update, refresh or deactivate feeds.

If the bank or credit card you are searching for is not listed or unrecognised, you can always manually add them.


Manually Adding Accounts

Sometimes, the bank or credit card you are searching for might not be available. In this case, you can manually add those accounts and import statements.

Bank Account

If you wish to manually add a Bank accounts, select Bank option from the Select Account Type tab.

Add Bank

Fields Description
Account Name The name of your bank account that will be displayed in the transaction pages.
Currency Currency in which the bank account transactions are handled. You can select the currency from the drop down.
Account Number Account number provided by the bank to your account.
Bank Name Name of the bank which holds the account.
Routing Number Routing number is an exclusive identification number assigned to banking institutions by the American Bankers Association (ABA).

Credit Card Account

If you wish to manually add a Credit Card account, select the Credit Card option from the Select Account Type tab.

Add Card

Fields Description
Account Name The name of your credit card account that will be displayed in the transaction pages.
Currency Currency in which the credit card account transactions are handled. You can select the currency from the drop down.
Bank Name Name of the bank which issued the credit card you hold.

Now import statements into the manually created account. Click on the Import Statement button to import. Zoho Books supports CSV, TSV, OFX, QIF and CAMT.053 format files to be imported as statements.

Import Statement

In the import statement window,

To know more about importing files, Read Here

P.S: Download the sample file provided to have an insight on the perfect import file.

Import Statement

Manually added accounts can be enabled with automatic bank feeds too. Connect the bank or credit card from the list provided with the manually created account.


Adding Transactions
Banking Overview

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