Why are the bank transactions truncated at times?

Why are the bank transactions truncated at times?

All the data flows directly from the bank, they control what is being sent to Ledgersync and in the format that they want. At times they will send to our provider (MasterCard) a truncated set of transactions at 32 characters for description. Why 32 characters? Because this is old format of Quicken which was limited to 32 characters in the description field. 
So is there an alternative a Plan b? 

Yes there is- The next best offering is to convert the bank statements PDF to excel or QBO format. The statements always have the full transaction description and can be used as a Plan B if you need the full bank transaction description. 

To convert a Bank Statement in Ledgersync to excel:

Go to the statement page
Click on Reconciliation 
Click Export to Excel

That takes the bank statements and converts to excel. 


    • Related Articles

    • How to Convert Bank PDF Statements to Excel or QBO

      One of the great features of Ledgersync is the ability to convert Bank PDF Statements to Excel or .QBO file format. This is really helpful when: 1- Client ONLY gives you access to PDF Bank Statements and you need the transactions 2- Clean up work is ...
    • Describe Ledgersync's Security?

      At Ledgersync, we prioritize security with robust measures to protect our clients' data. Here’s an overview of our security protocols: 1. User/Password Security: Ledgersync does not store user/password information when using the MasterCard API. The ...
    • How to export transactions to QBO file format.

      Ledgersync has the ability to export data to QBO format that is importable to QB Desktop and Online. Follow the steps below to export transactions to QBO 1- Click on a client 2- Select the bank 3- Go the Transactions Tab 4- You can filter the ...
    • If a bank has already been connected, will all new accounts be auto added to Ledgersync?

      If a client already connected a bank to Ledgersync and the client adds new accounts under the same login details, will the new accounts be added automatically in Ledgersync? It’s a very good question and the answer depends on the type of connection ...
    • How do I Access Chase Bank Statements?

      In order to access Chase data there is a two step process. Why? Chase has an API that they have released and the API (only at the moment) covers transactions and balance info. We don't know when they will release access to Chase Statements. As such ...