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Connecting Maybank Auto Bank Feed to Bukku
Connecting Maybank Auto Bank Feed to Bukku
Sinyee avatar
Written by Sinyee
Updated over 6 months ago

Introduction

Bukku has launched Auto Bank Feed Integration, beginning with Maybank. You can now effortlessly link your bank account to Bukku, allowing your transactions to flow into Bukku automatically and ensuring seamless integration of your statements.

What does this mean for you?

  • Your Bukku stays constantly updated with your bank transactions overnight.

  • The bank transactions can then be utilised for bank reconciliation with SmartRecon.

  • Experience streamlined cash flow monitoring, without the hassle of logging into bank portals.

Let's get started!

Connect to Maybank

1. Head to Bank > Accounts > Bank Feeds.

2. Click the Connect button, and it will bring you to Maybank2u (for sole proprietorship) or Maybank2u Biz (for non-sole proprietorship) Online Banking.

3. Key in your Username and Password to log in. Once logged into your Maybank account, you'll be prompted to authorise the account linking process.

4. Click the 'Proceed To Link' button to access the account linking setup page with Bukku. Choose your bank account from the available list and agree to the terms, then click 'Confirm'.

5. Next, you'll be guided through Secure Verification. Simply follow the steps to approve and authorise the transaction.

6. Upon completion, you will see a confirmation of successful account linking, and be redirected back to Bukku.

7. For Non-Sole Proprietor with Checker & Maker, follow the steps below:

  • After the Maker performs the identity verification / authentication in Step 5 above, a notification will be sent to the Checker for approval.

  • The Checker will then tap on the notification received in the Maybank2u Biz app on their mobile phone to approve the linkage request.

  • If no notification is received, the Checker can follow the steps below to approve the linkage request.

Step 1:

  • Log in to the Maybank2u Biz app and navigate to the 'Approvals' section.

Step 2:

  • At the 'Pending' tab and click on the linkage request.

Step 3:

  • Review the request and click the 'Approve' button

Step 4:

  • A account linking successful message will appear.

Step 5:

  • The linkage request will be listed under the 'Successful/Approval' tab.

  • Once the Checker has authorised the request via Secure2u the steps above, the linkage will be established.

  • The Maker can then refresh the Bank Feed page.


Linking Your Accounts

8. Following that, choose the account in Bukku to link it with your Maybank account, and select the sync start date to commence. Your accounts will auto-sync with Bukku daily at midnight.

9. Expect to see this confirmation page once your bank account settings are configured.


Synchronicing Transactions

10. You can also manually sync accounts on the Bank Feed page by clicking Sync.

  • After syncing, you'll receive a message confirming it's scheduled.

  • Upon completion, you'll be notified of a successful sync with Maybank Bank Feed.

  • To view transactions, go to Accounts > click the three dots (…) beside Reconcile button > View Transactions.

  • Hover over 'Connected' to see the last synced transaction date.

Frequently Asked Questions (FAQ)

  1. What is bank feeds?

    • Bank feeds refer to the automatic linking of banking transactions into accounting software.

    • This feature allows users to connect their bank accounts directly to their accounting software, enabling real-time or periodic updates of transactions without manual entry.

  2. What information do I need to provide to connect my Maybank account to Bukku?

    • Your company's old business registration number which filled out in Bukku's Control Panel > Company Profile. Maybank uses this to identify your company.

  3. I use multiple Maybank accounts for my business. Can I link all of them?

    • Yes, you may link up to 3 accounts to Bukku.

  4. How do I perform auto bank reconciliation for Maybank account after connecting it?

    • Navigate to Bank > Accounts > click on Reconcile at your Maybank account.

    • Select SmartRecon for MBB, then choose the Reconciliation Date Range to reconcile your bank transactions without uploading the bank statement.

  5. Can I disconnect or disable Maybank Auto Bank Feed from Bukku if needed?

    • Yes, you can. Head to Bank > Accounts > Bank Feeds > click the three dots (…) beside Connect > Disconnect.

    • Bank transactions linked to account will be removed, while your completed bank reconciliations will remain unaffected.

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