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How Bank Data Sync Works in Sumung

For accounts connected via Plaid, Sumung periodically pulls in new transactions and balance information directly from your bank.

Steps

  1. Connect an account using "Add Bank Account" → "Connect your bank" → "Connect with Plaid."
  2. Plaid securely links your bank feed, and new transactions start flowing into the account's Review Transactions tab as they sync.
  3. Each synced line is checked against your Auto Rules and existing records for automatic matching.
  4. Once you've reviewed and confirmed a line, it moves into Posted Transactions and contributes to the account's System Balance.

Good to Know

Manually added accounts don't sync - you bring in new data yourself using "Upload Statement."

Related Articles

  • Does Sumung Update in Real Time?
  • How to Add a New Bank Account in Sumung
  • How Automatic Matching Works in Sumung

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