Keep your rental expenses organized with RentRedi's Bank Feed integration.
Connect a new bank account or enable an existing RentRedi payment account to import debit transactions for review and categorization.
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How to Connect a Bank Account
From your RentRedi dashboard, click ❯❯ (Expand Sidebar) in the top-left corner.
Go to Accounting ➜ Bank Accounts.
Click + Add Account.
Choose how to connect your bank:
Connect New Bank Account: Use Stripe's secure flow to link a new bank account.
Enable Existing Payment Account: Use a payment account you've previously added to receive rent.
Select a Sync Start Date within the last 180 days. Transactions will be imported starting from this date.
Click Start Sync.
Once the sync is complete, a success message will show the number of expenses imported from your bank. ✅
How to Review Imported Expenses
After the sync, you can review the imported expenses and edit their details as needed.
Go to Accounting ➜ Expenses.
Under Needs Review, you'll find transactions imported from your bank.
Click a transaction to review or edit its details:
Set a Book To Account: Choose the account to categorize the transaction under.
Link to a Property & Unit: Assign the transaction to the appropriate property.
Exclude Transaction: Exclude transactions you don't want included in your accounting records.
Once categorized, the expense will appear under the Categorized tab alongside your other expenses.
Benefits of Automated Expense Tracking
Save time: Import debit transactions instead of entering each expense manually.
Stay organized: Review transactions and assign expenses to the correct properties.
Simplify tax preparation: Keep your expense categories and records up to date, making it easier to maintain accurate books and access reports when needed.
Key Takeaway
Connect your bank ➜ Import transactions automatically ➜ Categorize expenses by property ➜ Generate reports and track your portfolio’s performance with ease.
Need Help? 💬
Contact us! RentRedi Chat Support is available 24/7. You can reach us through the chat bubble in the bottom right corner of the RentRedi dashboard.