How to set up the Holvi Fennoa banking connection
To get access to the Fennoa banking connection, you must complete the setup in Holvi. The setup of the banking connection and the signing of the authorisation are done entirely electronically through Holvi's guided banking connection setup.
- Log in to Holvi: Log in to Holvi at https://login.app.holvi.com/. Select your profile from the top right corner and go to "Pricing and billing" (hinnoittelu ja laskutus). Change your pricing plan to activate the banking connection add-on.
- Go to Connections: Click Connections (Yhteydet) from the sidebar.
- Select Fennoa: Select the Fennoa banking connection.
- Access the guided setup: Select the connection settings and sign the electronic banking connection authorisation.
Go to the Fennoa software and configure the following settings:
- Create a new bank account: Go to Bank (Pankki) → Create a new bank account, OR ensure that in the settings of an already added Holvi account, "WS channel in use" (WS-kanava käytössä) is set to → Yes.
- Connect the Holvi account in Fennoa by opening the account and selecting Actions (Toiminnot) → Connect Holvi account.
Tips and instructions for choosing settings:
- Select the same Holvi IBAN numbers that you set up in Fennoa.
- If you want to make payments from Fennoa, approve the payment orders in Holvi. You can also enable payment orders later.
- The price of the banking connection in Holvi is fixed, so you are free to choose the daily transaction retrieval to Fennoa. However, if you wish, you can also choose weekly or monthly data transmission. The transmission cycle can be changed at any time; the change takes effect the following month.
- The banking connection authorisation is signed electronically in the Holvi user interface. The authorisation is necessary for Fennoa to process your company's data.
- The connection will start working immediately on the same day. Through the banking connection, data can also be delivered retroactively (max. 365 days), or the start date can be set in the future. Select the desired start date during the setup phase. Also, select the date when the transaction retrieval should begin. You can also ask your accountant for advice regarding the start date.
Problems with payments?
- Make sure that the IBAN account numbers and business IDs of the linked Holvi account and Fennoa account match.
- Also, make sure that you have activated payment transactions in Holvi. You can enable payment transactions from Holvi's banking connection settings under Connections.