In this tab you can enter the bank accounts you want to link with Billit. With this conection, Billit has up-to-date information which can trigger automatic reminders but it is also used as a basis for the financial overview on the dashboard.
By linking your bank, we mean importing financial data into Billit. This financial data includes info on financial transactions (counterparty, communication, amount, etc.) and account balances.
Once this information is imported, Billit can automatically start matching incoming and outgoing payments with sales and purchase invoices.
This way, you will always know when an invoice has been or needs to be paid, and Billit can start sending reminders automatically. Thanks to this matching and the imported financial data, Billit can give you a clear overview of your company’s cash flow and financial situation.