Bank Connection

Quick Answer: Bank Connection

Connect bank accounts from Fund Accounting → Chart of Accounts → Bank Accounts. Pro and Enterprise parent organizations can securely connect to your bank for automatic daily transaction imports; Free and Plus plans can add bank accounts manually and reconcile against uploaded statements.

Where Bank Connections Live

Bank account setup is part of fund accounting, not a separate Administration menu. Open Fund Accounting → Chart of Accounts, then select the Bank Accounts tab. Here you add checking, savings, credit, and escrow accounts, view masked account numbers, and manage active or inactive status.

Automatic Bank Feeds (Pro and Enterprise)

Pro and Enterprise parent organizations see a secure bank connection option when adding an account. Click Add Account, choose the secure connection path, sign in through the bank connection screen, and map each linked account to an existing asset account in your chart. Alignmint imports recent transactions after mapping completes.

Free and Plus users see the connection option with an upgrade prompt. You can still record bank accounts manually and enter or upload transactions for bank reconciliation.

What Automatic Import Gives You

• Daily transaction sync: New bank activity appears in Alignmint without retyping every line

• Faster reconciliation: Imported rows sit in bank transactions ready to match against your ledger

• Real-time cash visibility: Compare bank balances to book balances on the Dashboard

• Fewer entry errors: Less manual typing means fewer missed deposits or duplicate expenses

Connect a Bank Account

1. Go to Fund Accounting → Chart of Accounts → Bank Accounts
2. Click Add Account and choose the secure connection option (Pro+)
3. Search for your institution and sign in through the secure screen
4. Select which accounts to link and map each to a chart asset account
5. Review imported transactions and reconcile during month-end close

Security and Maintenance

Alignmint never stores your bank login credentials. The secure connection partner handles authentication, and financial data is protected in transit and at rest. If your bank requires re-authentication—common every few months—you will see a prompt on the Bank Accounts tab. Manual sync is available with a cooldown between requests; a daily scheduled sync also processes accounts marked for update.

Imported bank rows land in bank transactions for reconciliation. Alignmint does not auto-create journal entries from bank feeds in the current release, so your bookkeeper still categorizes and posts matched activity through normal accounting workflows.