- Nojumi Knowledge Base
- Features
- Bookkeeping
Bank Feed Transactions
Bank feed transactions are taken directly from your banking institution through the banking integration. You can think of the bank feed as a copy of your bank statement, exactly as prepared by your bank.
In contrast, Nojumi transactions are added to Nojumi by you and the rest of the law firm staff. Nojumi transactions are added by adding expected incoming funds, expected outgoing funds, adding actual incoming funds. and adding actual outgoing funds.
When a Nojumi transaction is matched with a bank feed transaction, it becomes a reconciled transaction.