Can my accountant be "read only" on business bank account? 27 November 2022 at 4:19PM in Budgeting & bank accounts 2 replies 171 views

Mrs_pbradley936

Said it all in the title really, but I hear that Natwest charge extra for this and Lloyds don't but are there any others that let your accountant or an employee have "read only" access. By that I mean they can see statements and transactions but not spend money.

HobgoblinBT

If your business Internet banking let’s you have multiple users and allows the setting of user payment limits you can do this, depending on the system.  Set a read only or nil limit for payments.  

Marchitiello

The other way around about this, with “making tax digital”, many bookkeeping and accountant softwares like xero will let you connect directly to your bank account and credit cards, automatically downloading the full statements that can then be used for reconciliation purposes.