7.1. Bank Statement

For user convenience, PRO and PREMIUM plans offer the possibility to add bank accounts used in economic activity and create transactions from bank movements.
In the section “Banks” the number of bank transactions pending processing is displayed.

7.1.1. Add an account

• In the section “Banks → Bank Statement” click the “Add account” button.
• Select the bank whose account you want to link.
• Once the bank is chosen, confirm the selection.
• Next, perform authentication.
• You must confirm the authorization from the bank's side. Depending on the entity, the bank may offer you to choose the specific account whose data will be shared with the CONTA.ES system. Note that each bank may display different statement periods.
• After giving consent, the data will be added, and you will be redirected back to the CONTA.ES system.
• Only when the account appears in the system will it be considered successfully added. Even if you could not select the specific account you wanted to add via the bank link, you can do so on this page. Selected accounts will be updated daily. Transactions from other accounts will not appear.
• Once bank accounts are added, you can view them in the section “My accounts”. The right-hand column shows the date of the last update. Accounts marked with a check are automatically updated daily. Here you can also assign a custom name to each account.

7.1.2. Deleting a bank account
If you need to delete any of your accounts, go to the section Banks → My accounts and click the trash can icon next to the corresponding account.
When deleting the bank account, all associated transactions will be irreversibly deleted. However, transactions you have already recorded from those movements will not be deleted, although they will lose their link to the original bank transaction.

7.1.3. Update statement
To update the account statement, click the “Update statement” button.

The system may display a warning that it is not possible to update the statement because you need to review or update the settings. In that case, update the settings.

7.1.4. Creating transactions from bank movements

Once you have added your bank account, you can start creating transactions from the movements.

• Economic
If you click the “Economic” button, the list of unpaid transactions will open. Here you can link the bank movement to the corresponding transaction or create a new one by clicking “Create”.

• Personal
If the movement is not related to your economic activity, click “Personal”. This will create a transaction that does not affect tax calculation.

If you need to change the transaction type between “Economic” and “Personal”, you will have to delete the created transaction (in the section Income or Expenses) and, from the section Banks, recreate the transaction from the bank movement by selecting the correct type (as described in this point).

It is also possible to link a bank movement with several transactions if the payment corresponds to several invoices or transactions. In this case, the system will verify that the total sum matches. If the amounts do not match, a warning will appear indicating that the transaction amount does not correspond to the movement amount.

7.1.5. What to do if the bank account is not updated

• If you see the message that the bank account could not be updated, click on the “Update” link.
• If in the list of banks (“My accounts”) you see two accounts with the same IBAN number, only one will be active and that is the one you should mark to be updated regularly.
  If you are not sure which account is active, cancel both, click the “Update statement” button and compare the update dates. The account with the most recent date will be valid. You should unmark the others to avoid repeated errors.
• Once the correct accounts are selected, update the list of active accounts by clicking “Update statement”.

7.1.6. My accounts

Once you have added your bank accounts, you will be able to see them in the section “Banks -> My Accounts”The date of the last update is shown in the right column.
Accounts marked with a checkbox are updated daily.
Here you can also assign a name to each account.