<topic sku="core" tNum="226307" author="carlgr" xmlns="x-schema:hhTopicSchema.xml"><index><title>Learn about the benefits of downloading financial information</title><category>online</category><klink type="cncpt">Tell me about the benefits of downloading financial information</klink></index>
<content>
<p><glossary>Downloading</glossary> account statements from your financial institution offers several benefits:</p>
<ul>
<li><emph>It's convenient.</emph> You can get an account balance and your most recently cleared transactions at any time, day or night.</li>
<li><emph>It saves time.</emph> Money automatically updates your account register with downloaded transactions, saving you from entering every <glossary>transaction</glossary> by hand. All you have to do is review them. </li>
<li><emph>It's accurate.</emph> Downloading statements keeps your Money file consistent with your bank records.</li>
<li><emph>It's timely.</emph> It lets you know which transactions have cleared the bank as soon as they clear. And you can enter unknown transactions (such as <glossary>interest</glossary> accrued, finance charges, and bank fees) without having to wait for a paper statement.</li>
<li><emph>It double-checks your entries.</emph> Money automatically matches transactions you've entered manually with the downloaded transactions and lets you correct any discrepancies.</li>
