Adding a bank account feed to your organisation in LUCA+ means you know what transactions have been paid, and helps identify payment times and potential payment errors.
You can connect your organisation’s bank to LUCA+ by setting up a bank feed. Bank feeds in LUCA+ automatically reviews your statement amounts to match the statement lines against your invoices and bills. LUCA+ can connect to all 74 major banks and credit unions in the ANZ region.
If you haven’t already created an invoice or bill to match a statement line, you can create the transaction as you reconcile. If you have a lot of these, you can use cash coding to reconcile multiple lines at once, or bank rules to automatically create transactions matching the statement lines.