It is indeed an important step towards more automation... and less time spent looking for lost receipts 😎
Connecting your professional bank account to Accountable automates most of your bookkeeping and keeps you in control of your finances without manual effort. This article covers why connecting your account is useful, how to do it, how safe it is, and which banks are supported.
Why should you connect your account?
Connecting your bank account to Accountable opens up a new level of automation. Concretely, Accountable uses the connection to your bank account to:
Eliminate most manual work: with your account connected, you never have to type in a merchant name or correct an amount again. Accountable also assigns the relevant accounting categories automatically.
Make sure you never lose a paper receipt again: you make a payment, Accountable notifies you, and you can attach the receipt straight away.
Tell you when your invoices have been paid by your clients, without you needing to open your banking app.
Show you how much cash is actually available in your account, based on your balance and upcoming tax deadlines.
How can you connect your bank account to Accountable?
There are several ways to start the bank connection process:
From the blue Bank Account screen, select your bank under Connect your bank account or click Search for more banks.
From Settings, go to Bank settings and click Add new.
From there, the exact process may differ from bank to bank. The market for bank connectors is gradually maturing, but no universal standard has emerged yet.
How safe is it?
It is extremely safe, for several reasons:
1/ Accountable only has read access to your bank transactions, which means it cannot technically initiate transactions on your behalf.
2/ As a payment institution regulated by the National Bank of Belgium, Accountable has the strictest data security processes in place to protect your data. We are regularly audited and have strict reporting obligations.
3/ Your trust is our most important asset. We take that responsibility seriously.
How many bank accounts can I link to one Accountable account?
This depends on your subscription.
Plan name | Number of bank accounts |
Free invoicing / Invoicing Plus | 1 |
Bookkeeping / Taxes | 5 |
MAX | 10 |
Which banks does Accountable support?
Accountable currently supports most major banks, including ABN-AMRO, Aion, Argenta, Axa, Bank de Kremer, Belfius, Beobank, BNP Paribas Fortis, BPost bank, CBC, CPH, Crelan, Deutsche Bank, Europa bank, Fintro, GLS, Hello Bank, ING, KBC, KBC Brussels, Keytrade, N26, Nagelmackers, Paypal, Revolut, Sparkasse, Triodos, VDK, Van Breda, and Wise. More banks are added as they become available.
We are continuously working to expand our bank coverage. Check back regularly to see if your bank has been added.
🎥 Want to learn more? Join our upcoming webinar 'From start to success: making the most out of Accountable', hosted live by one of our tax coaches to answer your questions.
Key takeaways
Connecting your bank account to Accountable automates expense categorisation, receipt capture, invoice payment tracking, and cash flow visibility.
You can connect from the Bank Account screen or via Settings > Bank settings.
Accountable only has read access to your transactions and is regulated by the National Bank of Belgium.
The number of accounts you can link depends on your subscription: 1 for Free/Invoicing Plus, 5 for Bookkeeping/Taxes, and 10 for MAX.
Most major Belgian banks are supported, and more are added regularly.
Need help? Chat with us or email support@accountable.eu, we're happy to help.