Banking and reconciliation
Understand bank account connections, open banking, bank statements, transaction review, and document matching.
The Banking section shows bank accounts, transactions, and whether each transaction has the document or explanation your accountant needs.
What open banking means
When Numonis says connect a bank account, it means creating an open banking connection. You authorize a regulated provider to read transaction information from your bank so the Numonis platform can show movements and help reconciliation.
The connection is read-only in the Numonis platform. It is used to import transactions and balances; it does not allow Numonis to move money from your bank account.
What you can do in Banking
- Connect a bank account through open banking.
- Add a manual bank account if open banking is not available.
- Upload bank statements periodically when a bank account cannot be connected.
- Review transactions and missing documents.
- Link an existing document to a transaction.
- Upload a document directly from the transaction detail.
- Refresh or reconnect an expired bank connection.
Common questions
Should I connect my personal bank account?
Connect bank accounts used for business activity. If a personal bank account includes business transactions, discuss it with your accountant before connecting it.
Can I connect a credit card?
Some credit cards can appear as bank accounts if the bank/provider exposes them. If the card cannot be connected, upload statements periodically so your accountant can review the transactions.
Is open banking safe?
Open banking access is based on consent and regulated payment-service providers. The Numonis platform uses Kontomatik for bank connections, and Kontomatik is listed as an account information service provider. The European Banking Authority maintains PSD2 registers for authorized or registered providers.