Extension Module : Standard OFX
Checking your bank statements for incoming payments manually is tedious and error-prone. This module provides automated relief, taking most of the manual work out of the equation.
Standard OFX is a module that allows you to import your bank statements directly into Openbravo. There you can easily match payments against transactions and associate them, eliminating human error and giving you faster visibility into who has paid, and what is still pending.
Standard OFX relies on the common Open Financial Exchange format. While your bank may not directly support this standard format, many free conversion utilities do--allowing you to convert bank statements from thousands of banks to OFX, ready to import into Openbravo.
If you want to improve collections and simplify your workflow, Standard OFX is one important way to leverage the power of Advanced Payables and Receivables Management.
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- Improve collections
- Speed up the review of incoming payments
- Better visibility of current payment status
- Save time through automatic matching
- Reduce possibilities for human error
Brought to you by:
Openbravo, the award-winning developer of Openbravo ERP—the leading web-based, commercial open source business management solution for SMBs worldwide.
Description
The Standard OFX module includes the following key features:
- Adds support for standard Open Financial Exchange file format
- Bank statements from thousands of banks can be converted to OFX using free tools
- Test file to test OFX import against Openbravo's BigBazaar dataset provided in the project wiki
Standard OFX includes extensive documentation. To learn more about this module and using the related tools to convert your bank statements into OFX, please review:
Configuration Manual
User Documentation
Screenshots
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