Overview
EMEA and United Kingdom customers can use Salt Edge as an Aggregation Provider to connect your bank using Bank Direct Connect (BDC) in Accounting Seed. Bank transactions can be added or matched to records for faster and more automated Bank Reconciliations.
Important: If you are migrating from Plaid to Salt Edge, review the Migrate a Financial Institution Account(s) from Plaid to Salt Edge section in the Bank Direct Connect – Bank Settings article.
Sandbox Instructions
Best Practice: Before setting up Salt Edge in a production environment, we recommend testing in a sandbox first using the information below.
- Complete the prerequisite configurations in your sandbox.
- Connect to your bank using Salt Edge and run tests.
- Review the Spring ’25 Preview 1 Release Notes and complete any other sandbox tests before installing the Spring ‘25 Preview release into your production environment.
Production Instructions
After sandbox testing is completed, use the information below to set up Salt Edge in your production environment.
- Complete the prerequisite configurations in your production environment.
- If migrating from Plaid, before connecting to your bank, review Migrate a Financial Institution Account(s) from Plaid to Salt Edge section in the Bank Direct Connect – Bank Settings article.
- Connect to your bank using Salt Edge in your production environment.
Prerequisite Configurations
Before you can connect to your bank using Salt Edge, your Salesforce administrator will need to complete the configurations changes that are listed below.
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Install Spring ’25 Preview 1 Release
Click here to access the link to install the Spring ’25 Preview 1 release. -
Activate the Salt Edge Remote Site and Trusted URL Settings
- Click the Gear icon and select Setup.
- From the Quick Find textbox, search for and select Remote Site Settings.
- Scroll down to the Remote Site Name of Salt_Edge_API.
- Click Edit. Then, select the Active checkbox.
- Click Save.
- From the Quick Find textbox, search for and select Trusted URLs.
- From the SaltEdge API Name, click Edit. Then, select the Active checkbox.
- Click Save.
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Review Permission Set Information
If you use the Accounting Seed “out of the box” permission sets, make sure that Bank Direct Connect (BDC) users have one of these permission sets: AS Full Admin, Accounting Manager, or Cash Out & Banking. If you use custom permission sets, then ensure that the Custom Permission “Import BDC Transactions” is assigned to BDC users.
Connect a Bank(s) to Salt Edge
When the prerequisite configurations are complete, you are ready to connect to your bank using Salt Edge.
- Navigate to Accounting Home and click the Create Entries tab. Then, under the Banking menu, click Bank Direct Connect.
- Select the Bank Settings tab.
- Click Manage Providers.
- Swipe right to turn on (register) Salt Edge and click Save. Then, click Yes to confirm.
- From the Select Aggregation Provider drop-down list, select Salt Edge.
- Click New.
Important: If the page refreshes and displays the Bank Transactions tab (without allowing you to add a new bank), you might need to enable Popups and Redirects in your browser settings or allow Popups and Redirects for your org domain in browser settings. - Enter your bank name in the search textbox.
- Select your bank.
- Enter your credentials (i.e. username and password, etc.) or enter a QR code to complete the authorization step from your bank.
- Once completed, you can close the tab/window and return to the Bank Settings tab where your bank account is listed in the Map Financial Institution Accounts data grid.
- Now, map your bank account (also called Financial Institution Account) to a Ledger and a Bank GL Account and enter the Initial Start Date from when you would like bank transactions imported.
- Click Save (top right).
- Retrieve Bank Transactions:
- Click the Bank Transactions tab.
- Click Refresh. Your bank should be listed in the Financial Institution Account drop-down list.
- Select your bank, if necessary. Then, click Update All. This will import your posted bank transactions from the Initial Start Date onwards.
After Connecting a Bank(s) to Salt Edge
Once you have your bank transactions in Bank Direct Connect, you can:
- Create Bank Rules, configure settings for Automated Adding and Matching of bank transactions, as well as pre-populate information on your imported bank transactions.
- Then add the transactions as Cash Receipts, Cash Disbursements or Journal Entry Lines. Read more about how to process unmatched bank transactions.
- If the Cash Receipts, Cash Disbursements or Journal Entry Lines already exist then you can match them, either manually or using the Automated Job.
When you perform a Bank Reconciliation, the records that were added/matched to bank transactions will auto clear for faster reconciliation.
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