What are Bank Feeds?
Bank feeds automatically import your banking transactions into Farmplan Business Cloud. Once set up, you'll only need to confirm the transactions.
Benefits of Automatic Bank Feeds
Time-saving: Eliminates manual entry or importing of transactions
Reduced errors: Minimises mistakes due to human error or overlapping transactions
How to Activate Bank Feeds
Navigate to Banking Section
Go to Banking | Bank Accounts
Change Entry Method to 'Bank Feed'
Click on the entry method for the require bank account and change to 'Bank Feed'
Or, click the yellow pencil 'Edit' button and select 'Bank Feed'
Connect Your Bank
Click 'Connect Bank Account'
Note: Plaid, a secure third-party application, retrieves your bank transactions. For more information, visit Plaid's website.
Select Your Bank
Type your bank's name and select it
Authenticate with Your Bank
You'll be redirected to your bank's login page
Enter your authentication details as required
Select the specific bank account(s)
Choose as required and follow the on screen prompts to return to Farmplan Business Cloud 'Banking' screen
Set Up Your First Bank Feed
Click the blue arrow next to your bank account or the 'Enter Transactions' button
Choose Start Date
Select the date to start your feeds
Important: Ensure this doesn't overlap with previously entered transactions
Retrieve and Confirm Data
Click 'Retrieve Data' and wait for the process to complete
Use the 'actions' button to check and confirm transactions
Important Notes
Pending Transactions: Recent transactions may not appear immediately due to pending status at your bank
Multi-factor Authentication: Some banks (e.g., Barclays, HSBC) may require periodic connection refreshes
Maintenance Check: Use the status button at the top of the screen to check for any temporary bank maintenance issues
Farmplan is a trading name of Telus Agriculture & Consumer Goods (UK) Limited, which is an agent of Plaid Financial Ltd., an authorised payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm Reference Number: 804718). Plaid provides you with regulated account information services through Farmplan as its agent.