Connecting your bank

Connecting your bank account is super simple, fast and secure.

Here's how you do it:

  1. From the home screen open up the Control Panel

  2. Choose Power-ups

  3. and hit Connect bank

Here, you'll be re-directed out of TAXO'D and taken through a secure setup process where you can connect the bank of your choice. Once complete you'll be re-directed back to TAXO'D and asked to log back into your account to complete the process. 

Once your bank is connected you'll be asked to choose from each of the following:

  1. which account you'd like to connect to you

  2. and then which tax years you'd like to import

1. Choosing your account

Given the option of which bank account you want to connect to, choose the bank account which you use solely, or predominately, for your business.

2. Which tax year

Choosing which tax year to import will be determined by which year(s) you need to file a tax return for.

For example, if you need to file your tax return for the previous tax year (eg.2017/18) you'll want to import bank feeds from 2017/18 and for the current tax year 2018/19. 

Note: This is just to get you set up quickly. You can always import more tax years at any time.

Switching on multiple accounts

If you want to add another account, you can do so by switching on the toggle next to the desired account. Hitting save will then give you the option of year you'd like to import.

Adding another bank account

If you want to add another bank account, you can so by the following:

  1. Open up the Control Panel

  2. Choose Power-ups

  3. Hit the PLUS (+) symbol

Now you'll be taken through the same setup process you went through when you first connected your bank account.

Note: Only connect bank accounts or sub-accounts that are relevant to your business. Connecting non-business related accounts will fill your history feeds with unnecessary transactions.

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