Sage e-Banking helps you connect Sage Instant Accounts, Sage 50 Accounts, Sage200, Line 100, MMS, and Sage 50 Payroll software to your bank's Internet or PC banking software, removing the need to manually re-enter information into their banking and accounts or payroll software.

Typically, a Sage e-Banking module will help you to download statements from their Internet or PC banking software directly into your Sage accounts software for reconciliation. It will also pass payment details electronically - for example, in BACS format to your bank.

What's the difference between Internet banking and PC banking?

The majority of banks offer a range of electronic banking solutions that can be divided into two groups: Internet banking and PC banking.

Internet banking

Internet banking is aimed at providing information for personal bank accounts, sole traders or Small Office Home Office (SOHO) businesses with limited electronic banking needs.
Typically, you access your personal bank account details on your bank's Internet banking website. The features available normally allow you to:

View your bank balance and statement
Make pre-defined bill payments
Initiate bank transfers
Download statement information
The service is secured through user name and password, and all activity between your browser and the bank's web servers is encrypted.

PC banking
For business customers, most of the major banks in the UK provide PC software. When installed on your PC, this software enables you to dial (via a modem) directly to the bank's private and secure network to access your own bank account details.

Most of these applications allow you to:

Make single or batched payment instructions
Set-up and modify direct debit instructions
Make international payments
Undertake bank transfers as appropriate
They also allow you to download balance and statement information for reconciliation purposes.

How does the Sage e-Banking plug-in work?

Sage creates a plug-in software module that acts as 'middleware' between your Sage software and the bank's software. This plug-in:

Converts information between the software into a format that both can understand
Interfaces directly with your Sage software
Interfaces directly with the relevant bank's Internet or PC banking software

Compatable banks:

Allied Irish Bank
Bank of Ireland
Barclays
Clydesdale Bank (National Australia Group)
Co-operative Bank
Coutts
First Trust Bank
HOBS (Bank of Scotand / Bank of Wales)
HSBC
Lloyds TSB
National Irish Bank (Republic of Ireland only)
NatWest
Northern Bank Ltd.
Royal Bank of Scotland
Ulster Bank
Yorkshire Bank (National Australia Group)

Please browse our range of products and services and contact us on 0207 099 2911 or by email info@cjpaccountingsolutions.com to discuss your requirements further or arrange a free consultation and software demonstration. Alternatively, complete a contact form and let us contact you at a convenient time.