Child pages
  • Setting up a bank feed for an ASB account


 

 

Close

How satisfied are you with our online help?*

Just these help pages, not phone support or the product itself

0
1
2
3
4
5
Very dissatisfied
Very satisfied

Why did you give this rating?

Anything else you want to tell us about the help?

New Zealand only

Follow these steps if you’re setting up a bank feed for an ASB FastNet Classic or ASB FastNet Business account. Check the list of supported ASB accounts.

You'll also need to be able to access the online banking facility for this account, otherwise you'll need to complete a bank feed application form.

There are two parts to setting up a bank feed:

1. Apply

Start the application process in MYOB Essentials, then finish via ASB's online banking system. Alternatively you can send us an application form.

>

2. Link

Choose the MYOB Essentials account the bank feed applies to.

1. Apply for a bank feed

To apply via ASB online banking (recommended)

To apply via ASB online banking

  1. In MYOB Essentials, click Set up bank feeds on your Dashboard. The Manage bank feeds page appears.

  2. Click Add bank feed.

  3. Choose whether you want to set up a bank feed for a bank account or credit card, then select the account type.

  4. Choose ASB from the list of banks and financial institutions.

  5. Select Online through my bank as the Application method.
  6. Read the terms of use and select the I declare that option if you agree with them.

  7. Click Apply for bank feed.

  8. Copy the  MYOB bank feed reference number  that’s displayed on your screen. You’ll need this number when authorising the bank feed in your online banking system.

  9. Click Go to online banking. Your browser opens the ASB FastNet online banking login page in a new tab.

  10. Log in to your ASB FastNet online banking account. Note that this step (and all subsequent steps) must be completed by a person who has independent signing rights on the bank account that you are setting up bank feeds for.
  11. Go to the Accounting Set Up page:

    If your account is...go here...
    ASB FastNet Classic accountMy settings menu > Accounting Set Up
    ASB FastNet Business accountAdministration tab (top of the page) > Client tab (left of page) > Accounting Set Up
  12. In the Accounting Software dropdown list, select MYOB.

  13. In the MYOB Authorisation Code field, enter the MYOB bank feed reference number that you copied from MYOB Essentials.

  14. In the list of accounts, click the checkboxes to select the accounts you want to set up bank feeds for.

  15. If you want to include historical transactions in your bank feed, you can click in the Starting From column and use the calendar icon to choose a starting date. This date can be up to 12 months ago.

  16. Read the terms and conditions. If you agree, select the checkbox and click Continue.

  17. A confirmation message appears and the status of the bank feed changes to Active.

  18. When the bank feed is ready, the bank feed will appear in the list on your Manage bank feeds page, and you'll receive a notification on your MYOB Essentials dashboard, asking you to link the new bank feed to an account.

    What's the status of my application?

    It can take up to 10 days for your bank feed to become active (but it's usually much sooner). Learn more about tracking the status of your bank feed application.

To apply with an application form
  1. In MYOB Essentials, click Set up bank feeds on your Dashboard. The Manage bank feeds page appears.

  2. Click Add bank feed.

  3. Choose whether you want to set up a bank feed for a Bank account or Credit card account.

  4. Select ANZ from the list of banks and financial institutions.

  5. For the Application method, select Print and post to MYOB.

    1. If you’re setting up a bank feed for a bank account, enter the Account nameBSB and Account Number.

    2. If you’re setting up a bank feed for a credit card, enter the Name on card and the Last 4 digits of the card number.

  6. Read the terms of use and select the I declare that option if you agree with them.

  7. Click Apply for bank feed.

  8. Click Print application form. Depending on your computer’s settings, the form will either appear in a new tab, where you can save or print it, or a popup will appear, asking whether you want to save or print the form.

  9. Complete and submit the application form (instructions are provided on the form).
  10. When the bank feed is ready, the bank feed will appear in the list on your Manage bank feeds page, and you'll receive a notification on your MYOB Essentials dashboard, asking you to link the new bank feed to an account.

    What's the status of my application?

    It can take up to 10 days for your bank feed to become active. Learn more about tracking the status of your bank feed application.

2. Link the bank feed to an MYOB Essentials account

To link an account to the bank feed

To link an account to the bank feed

Once you've applied for the bank feed, you can choose which one of your MYOB Essentials accounts you want the transactions to appear in.

  1. When your bank feed is ready, you'll receive a notification on your dashboard, asking you to link the new bank feed to an account. Click the link in the dashboard notification. 

  2. The Manage bank feeds page appears, with the new bank feed highlighted in pink.

  3. From the Select account dropdown list, choose the MYOB Essentials account you want to link the bank feed to. MYOB Essentials accounts that are already linked to a bank feed do not appear in the list.
    The account you choose will be a bank or credit card account you’ve set up in MYOB Essentials.

    For example, if you’re setting up a bank feed for your main transaction account, you might choose to link it to the 1-1000 Cheque Account in MYOB Essentials. Similarly, if you’re setting up a bank feed for your Visa card, you might choose to link it to the 2-1040 Visa account in MYOB Essentials.

  4. In the confirmation box, click Yes to confirm your choice of linked account. 

  5. The bank feed is linked to the selected account, and bank transactions will start appearing in the linked account. You can view the transactions from your bank feed on the Bank transactions page.

What happens next?

Once you're set up, your bank transactions will be brought in from your bank into MYOB Essentials. What's the bank feed delivery frequency?

You're now ready to start working with bank feed transactions. If you want to import bank transactions from before the date of your first bank feed, you can import a bank statement.