This section allows you to synchronize and import a bank account.

Automatic Account Synchronization

This section of the software offers you the ability to automatically synchronize and import a bank account and transactions.

Here is how to proceed:

1. Go to the Finance section, Bank Import. Click on the “New Import” or “New Synchronization” button.
2. Select the landlord and the synchronization period (30, 60, 90 days).
3. You will be redirected to a new page where you can enter your banking credentials and connect to your account.
4. Follow the instructions, select the accounts to synchronize and validate.
5. You can manage the connected accounts from the “Accounts” section.
6. The transactions from the connected accounts are imported into the “Transactions” section.

Transaction tally

The site retrieves transactions daily, which you will find in the “Transactions” section.

In case of a match, you will see an indicator on the right with the number of matches.

• A green indicator 1 for exact matches.
• An orange indicator 1 for partial matches.
• A grey indicator 0 if there is no match.

A match is considered exact when the amount, dates, and a keyword of the imported transaction correspond to an existing line in Finances.

Manual Reconciliation

After import, you can manually reconcile the entries and add them to the Finance section by doing one of the following:

• Record a payment for an existing line;
• Add a new line in “Finances”.

When you confirm and add a transaction in Finances, an Already added indicator appears. In case of error, you have the possibility to reset the transactions that have already been reconciled, to redo them.

Automatic Reconciliation

When an exact match is found for unpaid rent, the system automatically associates the transaction and marks the rent as paid. For example, if John’s January rent of £500 has not been paid and you import a transaction from January 5th of £500 with the description “PAYMENT JOHN DOE”, the rent will automatically be set as paid and the transaction associated with that same rent.

When rent is automatically reconciled and recorded as paid, the software also sends an email notification to the landlord.

Disconnected Account

Occasionally, synchronization may stop.

For security reasons, it may be necessary to identify yourself again and reconnect your account every three months. This depends on the bank.

You can also delete the accounts and the connection, then recreate them.

Delete a Synchronized Account

You can delete connected accounts from the “Accounts” section using the actions on the right.

When you delete an account, the system will also remove the transactions.

Manual Import

This section allows you to import a bank statement in QIF or OFX format and proceed with reconciliation.

1. Download the file provided by your bank (in QIF or OFX format).
2. Click on the “New Import” or “New Manual Import” button.
3. Import the file into Rentila.

After the import, you can reconcile the entries. You just need to verify the data, choose the type of entry if necessary and validate.