The Banklink system collects an electronic copy of your bank statement directly from your financial institution and securely delivers it to your Accountant. Using Banklink the process of bookkeeping, compliance accounting and reporting becomes more efficient and accurate.
- You won’t need to buy, maintain, use and upgrade accounting software
- You won’t need to send us deposit books, bank statements and cheque butts.
- You won’t need to hire a bookkeeper or enter accounting information yourself
- Up to date information and reports will be more readily available from your Accountant
- As a Banklink client we undertake to give you priority in the preparation of BAS reports, Financial Statements and Income Tax Returns.
- Focus on running your business and leave the accounting to us!
- Once the electronic copy of your bank statement is received by your Accountant it is loaded into accounting software.
- Repetitive bank transactions can be automatically coded.
- Your Accountant will contact you to collect any further information required.
- Your file will be updated to enable the preparation of your Business Activity Statements and other financial reports
An electronic copy of your bank statement is sent to your Accountant under strict security measures, in accordance with the requirements of all the major banks. The transaction data is in an encrypted form and cannot be accessed by anyone other than your Accountant.
Your Accountant cannot register with Banklink until you have given them the authority, and at no time does your Accountant or Banklink have the ability to change any details or transactions. There is no need to supply your PIN. Banklink is a totally separate system from Internet Bankling and you still receive your printed bank statement from your bank.
** Should you have any further queries or wish to discuss Banklink in more detail please do not hesitate to contact our office.**
