Coding Report

The BankLink Coding Report is the simplest and fastest way do your books. It doesn't involve computers or accounting jargon - it's a simple report that lists the extra bits of information that your Accountant needs.

How does the BankLink Coding Report work?

Each month your Accountant receives your bank transaction data electronically and reviews your transactions. For some entries, such as cheques, they may require additional information from you, and will send you a BankLink Coding Report to complete.

The BankLink Coding Report can be sent to you by post, email or fax - whichever method you prefer.

What does the BankLink Coding Report look like?

The BankLink Coding Report lists the transactions that your Accountant requires additional information on to process. When you receive it, you simply fill in what each transaction was for or who it was paid to, before returning it to your Accountant who will take care of the rest. Here's an example:

What are the benefits?

Using the BankLink Coding Report dramatically reduces the administration time required to do your accounting. There's no data entry for you to do, and no need to gather up and send bundles of information to your Accountant. It all adds up to you and your Accountant having more time to focus on building your business.

How do I get started?

To use the BankLink Coding Report you need to speak to your Accountant who will provide an authority form for you to complete. BankLink sends this form to your bank for signature verification. Once approved, your bank forwards a secure, electronic copy of your statement information to your Accountant via BankLink.

Where can I find more information?

For more information about whether the BankLink Coding Report is right for you, talk to your Accountant today.