25 01 2011

We are pleased to announce General Availability (GA) of the OFX Bank Statement Format module.

This module allows you to import into Openbravo bank statement information from a file downloaded from the bank’s website. And together with the automatic matching, provided by Advanced Payables & Receivables module, OFX module enables you to quickly and easily complete a reconciliation process.

Let the software do the routine work for you and watch how Openbravo matches your statement records automatically with financial transactions in Openbravo using a matching algorithm.

OFX (Open Financial Exchange) is an XML format for exchanging financial information which makes Openbravo able to import bank statement files from thousands of different banks.

“How many banks use OFX?”
OFX site tells us the following.
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