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EMS raw credit card transactions Bank Feeds

Simo355
Contributing User
8 Posts
Contributing User
Contributing User

8Posts

1Kudos

0Solutions

EMS raw credit card transactions Bank Feeds

Hi I am trying to connect my Westpac corporate creditcard into myob advanced for monthly reconcilliation. We already have our company cheque account and trading account, which are linked however in trying to connect the raw data feed I have had issues. I am trying to do this again, the second attempt with hope that If I try, (the owner, and not a third party bookeeper), then i may have better luck. This is the question i received from my banker at Westpac: 

 

As discussed, for ease of reconciliation the Schemes (MasterCard /Visa) enable electronic transmission of raw credit card expense data into Expense Management Systems (EMS) directly.

 

So if you are looking to arrange the raw data feed directly from MasterCard relating to the expenditure on your Business Choice rewards card program then as discussed, please confirm MYOB Advanced will be able to ingest the raw data feed directly from Mastercard to assist with reconciliation.

 

Does anyone out there know if this is possible? has anyone done this before successfully? 

Our previous support partners convinced me to apply for the westpac corporate card because it was the only one that was able to be connected into MYOB ADVANCED, (AKA Accumatica), successfully via electronic bank feed. 

 

 

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