See the full picture
Simplify your accounts reconciliation process and get a comprehensive view of your cash flow when you import and track your bank transactions on Akaunting using the OFX app.
Benefits
- See all business accounts across multiple banks in one place.
- Easy reconciliation of accounts
- Simplify self-assessment for tax returns
- Automate reports and analysis
- Reduce errors in tracking your expenses
What is OFX?
An OFX (Open Financial Exchange) file is a text file containing financial data. Your online banking may give you the option of downloading a bank statement in this format. You can keep your financial data secure and under control by transferring your OFX files to Akaunting.
How to transfer OFX files?
If the bank name and bank id are present in the contents of the OFX file, the bank account and currency are created automatically. If this information isn't available, you can enter it manually.
