Manually entering your income and expenses into stub each time you get paid or make a payment can be tedious work. So we've come up with a way to let you automate the process which allows us do all the heavy lifting for you.

As much as automating your income and expense tracking saves you time and effort, a huge plus is that it can also make your records that much more accurate. You won’t have to sift through lengthy bank statement pages to make sure you haven't missed something.

Connecting your bank account to stub

When you securely connect your accounts to stub, it's easy to keep track of the money flowing in (and out) of your business. Once connected stub will sync with your bank and get all your account transactions for you.

How it works

1. Connect your accounts

The first thing you’ll need to do is connect your accounts to stub. Connect your cheque and savings accounts and credit cards

2. We gather your transactions

When you connect your accounts, stub can usually get transactions for the last 3 months. After that, they’re automatically updated daily or whenever you log in.

3. We sort them for you

stub looks at each transaction and automatically creates income and expenses for you. Sometimes we can even categorise them for you. Auto-categorising your income and expenses into categories like Sales, Subscriptions, Rent or Fuel.

4. See where your money is coming and going

We automatically add up what you earn (income) and what you spend (expenses) each month, so you can see exactly where your money is coming from, where it is going and what you have left.

Banks we connect with

We have upped our game and you can now connect to a wide variety of banks. For all you South Africans, you can connect to all major South African Banks. Yay!

• Absa Bank Limited
• First National Bank
• Standard Bank
• Capitec Business (Capitec Personal accounts cannot be synced at the moment)
• Nedbank
• TymeBank
• Investec

If you are outside South Africa, there are a number of International Banks you will also be able to connect to.

How long does it take to set up?

Just a few minutes - honestly.

1. Make sure you are on stub’s Growing Business Plan
2. Log in to your stub profile
3. Head on over to Accounts, and once you’re there it’s a simple step-by-step process to add, login and connect or disconnect your bank account (you can manage all the bits there).
4. We’ll take it from there! As soon as your account is connected we will get all your transactions and create income and expenses in just a few ticks

When you connect your account for the first time, transactions are gathered for the last 3 months from the date you connect. So if you connect your account on the 6th of June 2024, transactions will usually be gathered from the 6th of March 2024.

❗In stub, transactions generally update every few hours, but this is determined by your bank. Some banks may only make new transaction data available every 3-5 business days.

If you ever need an extra guiding hand to help you out, please don’t hesitate to reach out to us at hi@stub.africa. We’d love to hear from you and get you set up and running.