Monobank

Integration with Monobank

Entrepreneurs use Torgsoft as a program for accounting for business expenses and income, as well as a service for personal finance accounting: the additional option "Bank statements for accounts" imports income and expenses for personal accounts and Monobank FOP accounts.

At the same time, the Torgsoft accounting program has access separation for statements: only the business owner can see the movement of funds in personal accounts and use Torgsoft as an application for personal finance accounting, while employees will only see the company's settlement accounts, receipts to Monobank FOP accounts, and the accountant will use Torgsoft as a program for expense accounting and for checking payments for goods.

Synchronization of Torgsoft with the bank occurs through the monobank API — the account owner does not need to give anyone access to the personal cabinet.

Three steps to synchronize Monobank with Torgsoft

• Activate the additional option "Bank statements for accounts" in Torgsoft: a trial version for 30 days or purchase the additional option.
• Get the Monobank API key: scan the QR code on the site using the Monobank mobile application. Copy the API key.
• In Torgsoft — Settings — Bank account statement settings, add the Monobank account, paste the Monobank API key, link the created account with the account in Torgsoft.

You can check accounts in the Payment mode — Bank account statements or in Trade with statement mode — Payment.

In addition to checking statements, Torgsoft is one of the best finance accounting applications for iOS and Android. Using the mobile application, you can enter personal expenses and use the application for business expense accounting. In the mobile application, an entrepreneur can enter unidentified payments from customers that have arrived in the account, and managers can link payments to accounts in the "Trade with statement" mode.