Creating accounts and importing transactions
What is what
Accounts refers to bank accounts or cash accounts. MyFinancier supports LHV, Swedbank, SEB, Luminor and Coop Pank bank accounts.
Accounts are entered into the MyFinancier application using either automatic machine interfaces (so-called APIs) or CSV files (special text files that can be downloaded from online banks).
Transactions are all the items in a bank account statement..
Importing through APIs (since 24.08.2021)
To enter an account into MyFinancier, click on the “Add bank” button in the Accounts view and select the bank whose accounts you wish to import into MyFinancier.
Next, the users are redirected to the website of the selected bank, after which the users must select the accounts to be imported and provide the necessary consents to link the accounts using the authentication method of their choice.
Importing CSV files
To enter an account in MyFinancier, you must first download a CSV file from the bank’s online bank.
To import the file, use the “Import CSV file” button at the top right of the Accounts view.
Then drag the desired CSV file into the window that opens or use the “Choose file” button.
Filling the fields
Give the account a name that is specific enough for you – for example, “Kate’s holding account” or “Savings account for travel”.
The owner field determines under which user the account will be displayed. In the drop-down menu, existing owners will be displayed, but by entering the name of an owner in the owner field that has not yet been used, the owner will be automatically created by the application. The owner name can be changed later in the Accounts view by clicking on the owner name.
To fill in the account balance and date field, select the date and enter the end-of-day balance of the account for that date. The user may specify a date of his/her choice from the entire period of transactions to be imported.
Example 1
The user imports transactions for the period 1.01.2010 – 31.12.2010, enters 31.12.2010 in the “Date” field, checks the account balance for that date in the online bank and enters it in the “Account balance” field.
If the user has made fixed term deposits on the account to be entered, the balance of fixed term deposits related to the account on the date previously selected must also be fixed.
Example 2
User imports transactions for the period 1.01.2010 – 31.12.2010. The user has previously fixed 31.12.2010 as the date of the account balance (see Example 1) and at that moment has a fixed term deposit balance of EUR 10 000 at the bank.
Solution: the user enters EUR 10 000 in the fixed term deposits field.
When all the fields are filled in, click on the “Add account” button.
See also
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How to enter accounts and import transactions into MyFinancier?
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What is a rule and how is it most convenient to create them in the app? What should you keep in mind when creating a rule?
