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M-Powered Bank Statements
Easy automatic service that lets you import and view bank balances and reconcile transactions at the click of a button.
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Ideal if you...
Would like automatic bank reconciliation
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Need daily bank balance updates
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Want easy reports for your accountant
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Want to see where the business is at
Features
Automatic reconciliation - a business life made easier
Incredibly easy to use, M-Powered Bank Statements automatically downloads your bank transactions and automatically reconciles them in your MYOB software – instantly alleviating what can be a time-sapping process.*
Save time by accepting any transactions that you haven't already entered (or didn't know about) - it can be as easy as specifying the allocation account and clicking Record. You can also match any imported transactions with those you have already inputted. They'll automatically be marked as "cleared" so you'll reconcile your bank accounts even faster.
* AccountRight family and AccountEdge software only (formerly MYOB Accounting, MYOB Accounting Plus, MYOB Premier and MYOB Premier Enterprise.)
On the money
Bank statement information is available at 9:00am on the following working day. So you’ll always know where the finances are at.
Easy reporting on all your banking
M-Powered Bank Statements come with a range of handy reports that give you full visibility over all your banking activities. You can drill down to see balances, statements and transaction histories for any period or date. Great for you – even better for your accountant.
Which bank?
M-Powered Bank Statements is currently available to Commonwealth Bank, Westpac and ANZ customers.
Safe and secure
With M-Powered Bank Statements, you’ll always have total control over your bank statement information. All downloads must be authorised with a password (by you or a nominated colleague). All statement information is distributed in line with a rigorous security protocol – giving you peace of mind that all your data is protected at the highest level.
Important information about M-Powered Bank Statements
The advice on this website has been prepared as a guide only. Please read the M-Powered Services Product Disclosure Statement (PDF 316 KB) before applying for M-Powered Bank Statements.
Find out more
To find out more, you can request a phone call, read the M-Powered Bank Statements Data Sheet (PDF 48KB) or read our frequently asked questions.
