New Feature: File Import Balance Checks

The mornings are getting brighter sooner, the evenings are staying lighter later, and we’re here with another time-saving Pandle update. This time around, we’re here to confirm that Balance Checks are now available for File Imports too. Bravo!

Balance checks for File Imports

Manually entering transactions is time-consuming, and all that data entry increases the risk of inputting errors, causing problems further down the line. Using our File Import feature means users can import banking transactions in bulk, quickly and easily.

It’s important to make sure that what’s showing in Pandle matches what’s happening at the bank though. It just helps to identify any potential problems before they have time to develop into something bigger.

So, just like with our Bank Feed and PayPal balance checks, this new feature helps users make sure that the balance in Pandle is the same as the balances imported from their bank account. It was previously only available with the bank feed for Pandle Pro users, but now it’s available on our free plan so all Pandle users can benefit from it.

Identifying discrepancies, solving problems

Users can import a CSV file into Pandle, and our File Import Balance Check feature will look for a heading which includes the word ‘balance’, comparing the balances in this column with the balance in Pandle based on all transactions in that bank account.

If the balances don’t match, users will receive a notification telling them the date they last matched, and the amount that the balances are different by. This makes it much easier for users to see where there are errors, so they can work on fixing them sooner.

New Feature: File Import Balance Checks 2

For instance, if there’s a discrepancy of £10.40, users can search their online banking statements for that amount and quickly find transactions for that amount which might have been missed

The balance status also displays at the top of the screen whilst checking and confirming transactions, so users can monitor the status as they go.

If the balances don’t match, a warning symbol will appear to let users know there’s a potential problem which needs their attention. Simply hover the cursor over the warning symbol and a small pop up will appear showing the date that the balances last matched, helping users to focus their search.

Learn more about our time-saving Pandle features >

Liam Yapp

Marketing Executive and Part-Time Copywriter. If I'm not working on our next big marketing push, you'll probably find me outside, basking in the sun and walking the dog.

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