BANKSTREAM

Bankstream enables accountants to electronically receive their small business clients' bank transaction records through a secure daily bank data feed. With the authority of their small business customers, participating banks send electronic copies of client bank statements to their nominated accountant, via the Bankstream service. Accountants can then use the Bankstream accountancy software to efficiently process transaction data and either produce a variety of VAT & financial management reports, or push coded data into other accounting software.