Add Accounts

In the Banking module, you can add your Bank, Credit Card and your Paypal accounts to Zoho Books. Once you add an account, you can import its feeds (automatically or manually) into Zoho Books. After doing this, you will be able to match transactions in Zoho Books with your bank transactions.

In this page..

Add Bank/Credit Card Account 

Add Paypal account

To fetch manual and automatic feeds, you should first connect your bank or credit card account to Zoho Books.

Add Account

To connect your Bank/Credit Card account to Zoho Books:

Transaction Approval

Add Accounts that support Automatic Bank Feeds

Zoho Books can be connected with all the major banks and credit cards across the globe. Just enter the name of a Bank or Credit Card that you would like to connect with Zoho Books and select from the drop down.

Transaction Approval

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. Enter the login credentials.

Select the account that you would like to connect with Zoho Books. Select a date to download transaction history, transaction history from the last 90 days can be downloaded into Zoho Books. Select the currency and continue.

Now, your account is connected with Zoho Books. Your transactions from the selected date will be automatically imported and for transactions before the selected date period or historic transactions, you can always import statements into your account by selecting the Import Statement. option.

Note: Zoho Books currently supports five file formats namely CSV, TSV, OFX, QIF and CAMT.053 for statement import. You can import statements if your bank provides statements in any of these four formats. Click here to know how to import statements.

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

Note: When you choose to receive automatic bank feeds in Zoho Books, your Netbanking credentials will be shared with Yodlee.

Click here to know more about bank feeds.

Add Accounts Manually

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.

Transaction Approval

Add Bank Accounts Manually

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

Transaction Approval
Fields Description
Account Name The name of your bank account that will be displayed in the transaction pages.
Account Code A unique code that you can enter for identification purposes.
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 Enter your bank routing number or routing transit number (RTN) is a nine digit number used to identify financial institutions in a transaction.

Add Credit Card Accounts Manually

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

Transaction Approval
Fields Description
Account Name The name of your bank account that will be displayed in the transaction pages.
Account Code A unique code that you can enter for identification purposes.
Currency Currency in which the bank account transactions are handled. You can select the currency from the drop down.
Bank Name Name of the bank which holds the account.

Click here to know how to import bank statements for manually added bank accounts.

Add Paypal Account

  You can also connect with your Paypal account to fetch automatic feeds into your Zoho Books.

Adding currencies

After being redirected back to your Zoho Books account, you will be asked to fill a form where you will be entering the following information.

Transaction Approval
Fields Description
Download transaction history from Enter any date from the past 90 days to import feeds from PayPal. Transaction history for the past 90 days will be fetched by default if no date is specified.
Currency Enter your currencies in PayPal that you wish to track in Zoho Books.
Associate Bank Account You can associate your PayPal currencies to an already existing bank account or choose to create a new account for the currency.

Adding new currencies

To add a new PayPal currency,

Transaction Approval

Removing your currency

If you have stopped receiving payments for a particular currency or if you had set up a wrong currency, you can remove that currency feed from PayPal.

Warning: Make sure you deactivate your PayPal feed before removing a currency. Removing all your currencies will remove the PayPal integration.

To remove your currency,

Learn more about activating and deactivating paypal feeds.

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