Connecting Bank Transactions
Enlivy makes it simple to connect, categorize, and reconcile your bank transactions with other financial data in your workspace, helping you keep your accounting accurate and clean.
Whether you’re managing payments, reimbursements, or internal transfers, this guide will walk you through how to set cost types and link bank transactions to other entities, such as invoices, payslips, or even other transactions (e.g., internal account transfers).
What You Can Do With Connected Transactions
Once your bank transactions are synced or uploaded into Enlivy, you can:
- Assign cost types: Categorize transactions as payroll, supplier costs, subscriptions, client invoices, etc.
- Connect them to entities like:
- Invoices (e.g., match payments to outgoing or incoming invoices)
- Payslips (e.g., employee payments)
- Other bank transactions (e.g., internal fund transfers between accounts)
This ensures accurate traceability across your financial records.
How to Connect Bank Transactions
Navigate to the Bank Transactions Dashboard
From the left-side menu, click on the Bank Transactions tab.
Ensure You Have Transactions and Cost Types
Before connecting transactions, make sure that:
- You have bank transactions already added to your Enlivy account
- Cost types have been created and assigned
For detailed guidance, refer to the following help articles:
Select the Transaction Cost Type
Choose the transaction cost type from the dropdown.
Connect to Another Entity
After selecting the cost type, click the ‘Connect’ button to link it to another entity (e.g., an invoice).
Example – Connecting Bank Transactions
In the next example, from the Bank Transactions dashboard, I’ll assign different cost types to several transactions and connect some of them to existing invoices.
The cost types used include: Supplier Invoice, Government Tax Payment, Bank Account Fee, and Standard.
