Set up ACSISS bank feeds in Wiise Australia 

ACSISS Bank Feed Type Comparison 

Wiise currently supports Consumer Data Right (CDR) flow and ACSISS Direct Data bank feeds to streamline financial management and improve data accuracy for Australian businesses.

Reference: https://acsiss.com.au/business-central/

Why CDR? 

The Consumer Data Right (CDR) is a secure Australian framework that allows you to share your banking data with trusted third parties. With CDR bank feeds via ACSISS: 

1. You can provide online consent directly through Open Banking, without paperwork. 
2. Consent is valid for 365 days and can be renewed easily. 
3. Data flows securely reducing delays and manual intervention. 

Direct Bank Feeds 
ACSISS Direct Data bank feeds allow your bank to send transactions directly into Wiise. However, this process: 

1. Requires completing, signing, and emailing forms to your bank. 
2. May take up to 10 business days for approval. 
3. Once approved, consent remains active until you revoke it. 

Key Benefits of Using CDR 

1. Faster setup with no paperwork. 
2. Secure and compliant with Australian data-sharing standards. 
3. Simplifies consent management through online renewal. 
4. Preferred method to ensure timely and reliable bank data in Wiise. 

Before You Begin  

There are three checkpoints that you need to complete through separate websites and the URL for each is provided in the appropriate section. These are: 

1. CDR Ready check 
2. Set up an account with ACSISS linked to Wiise (to avoid billing charges) via the ACSISS Connect Registration Portal.  
3. Connect your bank account to ACSISS My Data. 

 

Here are the steps to a CDR Ready check: 

1. Check if your bank supports CDR.  
2. Go to CDR Ready by SISS Data Services and select Get started. 
3. You’ll be directed to this website: 
   
4. Once you initiate the process, there are three steps you’ll need to complete. These are Connect, Consent and Confirm.  
5. Before you begin, you’re requested to provide your email or phone number for verification purposes.  
6. The Connect page displays.  
   
   Note: The Connect page requires you to provide your details to enable the CDR Ready service.  
7. A six-digit verification code is sent to your email or phone number.  
   
8. Enter the six-digit verification code and select Verify to continue. 
9. Once verified, the Consent page displays.  
    
   Note: The Consent page requires you to give CDR Ready by SISS Data Services permission to securely connect with your bank and see your accounts. Read the information provided.  
10. Select Start to consent.  
11. How to share your data page displays.  
    
    Note: To share your data, you’ll need to give consent, connect your bank account, and confirm which bank to share from. 
12. Select Continue. 
13. Data Request page displays. 
    
    Note: It’s a one-time request to confirm you own the bank accounts, with limited, temporary access to your data. 
14. Enable the Account balance and details toggle.  
15. Then, select I Consent to continue.  
16. The Choose Your Bank page displays.  
    
    Note: You’ll need to confirm if you’re connecting to a personal bank account or something more complex such as business, trust, or superfund. 
    
    Note: If you’re unable to find your bank in the list, select the search icon and enter the bank name you’re looking for.  
17. You’ll be directed to a secure customer portal to login.  
    
    Note: Your ID won’t be shared to ACSISS or SISS Data Services.  
18. When you’ve successfully logged in, you’ll need to confirm sharing your data.  
    
    Note: Please note that the sharing period is limited to one day. You can view the accounts you’ll share. 
19. Select Confirm sharing.  
20. Once processed, the Confirm page displays.  
    
    Note: If all your accounts appear on the screen, they are CDR Ready. If any are missing, select No, not all my accounts are here and you’ll be guided to connect them through ACSISS Direct Data. 
    
     
    Note: Related Articles link display. Read through the instructions provided for your bank account to become CDR Ready.  
21. When you see all your bank accounts displayed, select the option Yes, all of my accounts are here. 
     
    Note: You have the option to Check Accounts for another Bank to add. You’ll first be directed back to the Choose Your Bank page, and once you’ve selected your bank, you'll be directed to the secure portal to log in. 
22. Select I’m Done!. 
23. A message box displays that you’ve checked your accounts using the CDR Ready portal.  
     
24. Select Exit to close the process. 
25. This process logs you out of the CDR Ready portal.   
26. You’ve checked that your bank supports CDR. 

 

1. Ensure you have the right permissions 

Log into Wiise and follow the steps below: 

Step 1: Allocate one of the following roles in the relevant company in Wiise: 

1. 1. Business Manager  
   2. Business Manager Evaluation 
   3. Accountant 

Step 2: Give users access to the Wiise Bank Feeds panel 

You will need the Banking Officer permission to view the banking related information on the Wiise landing page or the role centre. Not all users may require this enabled.  

1. Search for User Setup on the top right-hand corner of the page. Then, select the related link. 
   
2. The User Setup page displays. Update the following fields: 
   
   1. User ID: Add the relevant user 
   2. Banking Officer: Select to enable checkbox. 

Step 3: Assign the correct permission sets. 

1. Search for Users on the top right-hand corner of the page. Select the related link and the Users List page displays.  
   
2. Select the relevant User Name to display the user card.  
3. Select New Line in the User Permission Sets section, to add a new row. perm2 
4. Then, select the horizontal three dots in the Permission Set field to access the Permission Set Lookup.  
   
5. Search for SISS Bank Feeds. Assign this permission set for the user.  
6. Select OK to continue.  

Step 4: Bank permissions 

To enable bank feeds, you’ll need the appropriate authorisation and bank access. These are usually managed by your bank account administrator, such as your CFO or Financial Controller. 

2. Enable bank feeds

1. Select the unique Wiise ACSISS link here to register your account and enable bank feeds.
   1. The link to be used is this: https://register.acsiss.com.au/Billing/Manage/CreateCompany?integrationid=56dd207c-d6d3-4891-8ae1-5e6b4c59b09d 
      
      Note: The unique Wiise ACSISS link directs you to the ACSISS Connect Registration Portal. 
   
   Note: Your login details on the CDR Ready app and this ACSISS Connect Registration Portal are separate from each other. If it’s your first time login into this portal, you’ll need to Register as a new user. 
   
   
   Tip: When you connect to this unique Wiise–ACSISS link to register, all fees and charges will be covered by Wiise as part of your Wiise subscription.  
   
   Note: Complete the registration process to obtain the Subscription Key, Client ID, and Client Secret, which enable bank feeds in Wiise. 
2. Login with your credentials. You will be requested to check your email to confirm your account. Select the email from SISS Registration Service in your email inbox. Then, select Verify Email.  
   
3. Once your email is verified, the Account Activation Completed message displays.  
    
4. Select Login to be redirected back to the ACSISS Connect Registration Portal. 
5. As a first-time registered user, once you login, you’ll be redirected to the Create Company page.  
   
6. Complete all the fields in the Create Company form: 
   1. Company Name: The name of your Wiise company.  
   2. Company Contact Email: The contact must be the person responsible for the business who’s signing up for the bank feed.  
   3. Your role in the company: Select one of the following options in the drop-down menu:
   4. Company Address and Country. 
   5. ABN: Australian Business registration Number.  
   6. Review and Accept the Terms and Conditions checkbox.  
       
   7. Select Save.  
7. The Manage My Companies page displays. Your company profile is now set up. 
   
   Note: An ACSISS Customer ID populates. This is your unique identifier within ACSISS. When you set up bank feeds in Wiise, the Customer ID connects your Wiise environment to your ACSISS account to ensure the correct bank feed data flows into the correct company.  
   1. Select Generate Keys.  
   2. This generates your Company Keys consisting of: 
      1. Subscription primary key: A unique code that confirms your subscription and validates requests from your account. 
      2. Client Id: A username to show which app is connecting to ACSISS. 
      3. Client Secret: A password used with the Client ID to securely verify the app.  
         
         Note: The Refresh buttons next to the Subscription Primary Key and Client Secret allow you to generate new credentials if the existing ones have been exposed, expired, or need rotating for security. When you refresh these keys, you must also update them in Wiise. 
8. Copy these three keys. You’ll need to update them in Wiise to Enable your Bank Feeds.  
    
   Note: If you’ve already previously setup your company profile, you can manage your company and select View Keys on the ACSISS Connect Registration Portal. Copy the three keys.  
   
   
9. You can now go back to Wiise.  
10. Search for ACSISS Bank Feeds Setup on the top right-hand corner of the page. Select the related link and the page displays.  
    
11. In the General section, enter or paste the copied Subscription Key, Client ID, and Client Secret keys on the relevant fields. 
12. Then, select Actions. Select User Authentication Confirmation. 
    
13. A message displays Authentication: OK. Select OK to close the process.  
    
14. The Validation Status field changes from Unvalidated to Validated.  
    
15. Select Close to complete the process.  
16. You can now see the Connect a bank account on the Wiise Bank Feeds panel on your Wiise landing page.  
    
17. You’ve completed the ACSISS Bank Feeds setup, enabled your bank feeds and can now connect your bank accounts. 

Note: If the Validation Status on your ACSISS Bank Feed setup displays as Unvalidated, you’ll continue to see Enable bank feeds button on your Wiise Bank Feeds panel until the validation status changes to Validated.  

3. Connect your new bank account

1. Set up a bank account in Wiise before you connect your new bank account to bank feeds. 
2. Select Connect a bank account on your Wiise Bank Feeds panel.  
   
   Note: You’ll see Connect a bank account, when you’re adding your first bank account.  
3. The Bank Accounts list displays.  
   
4. Highlight the bank account row you want to connect to by selecting it. 
5. Then, select More Options. Select Actions. From the drop-down menu, select Connect Bank. 
6.  You’ll be redirected to the ACSISS My Data page. 
   
7. Read through how ACSISS manages and handles your data. Then, select Accept to continue.  
8. You’ll be re-directed to sign in to the ACSISS My Data Sign in page.  
    
9. Proceed to select Sign up now or if you already have registered your log in details, sign into ACSISS My Data account.  
   
   Note: Signing into the ACSISS My Data account is separate from the CDR Ready and ACSISS Registration Portal. 
   
   Note: When you sign in to ACSISS My Data account, you’ll be requested to enter the verification code from your authenticator app. This adds an extra security layer when you login to the ACSISS My Data account.  
    
10. Once you sign in to account, the Enter Company Details page displays. 
11. Enter your company details and provide a valid ABN of your business.  
12. Then, select Validate.  
     
    Note: Your business details are generated. As you’re signing up for CDR, you’ll need to select the Authorise checkbox to confirm that you’re disclosing data and that you have the authority to do so on behalf of your business. 
    
13. Select the Authorise checkbox to confirm the declaration.  
14. Then, select Next to continue the registration process.  
15. Your Rights and Protections page displays on the next page.  
    
    Note: Find out more on how to withdraw your consent at any time and read about your rights in the CDR Policy. 
16. Select Next to continue.  
17. The Consent to ACSISS My Data collecting your Bank Accounts page displays.  
    
18. Read the information on the page and select Next to continue.  
19. The Provide Your Information page displays.  
    
20. Read the information. Then, select Start.  
21. The How to share your data page displays.  
    
22. Select Continue to proceed.  
23. The Data Request page displays.  
    
    
    
    
24. Enable the required fields: 
    1. Account balance and details 
    2. Transaction details 
    
    Note: The sharing period is one year from connecting the bank data.  
25. Then, at the bottom of the page, select I Consent.  
26. You’ll be directed to the Choose Your Bank page.  
    
27. You’ll need to select your bank and login.  
    
    Note: Once you’ve selected your bank, you’ll be redirected to your banking portal. Make sure you have your bank login details ready. Complete the data-sharing process in your bank account by selecting the account you want to connect to ACSISS My Data. 
28. The Confirm Export page displays. You can add and confirm which bank account you want to connect with ACSISS My Data.   
    
    1. Select which bank you want to share data with or select Share all.  
    2. Select end date type: From the drop-down menu, select Ongoing as this is an ongoing bank feed setup. 
    3. They can access data as far back as: This is the earliest allowed date.  
    4. They can access data until: This is the latest allowed date. 
    5. You can select Add more bank accounts. 
       
       Note: You may need to provide multiple consents, depending on the different bank accounts you add to the list. 
29. Select Next to continue.  
30. The Consent Completed page displays.  
    
31. Select Finish to complete the process.  
32. You’ll be directed back to the Map Connected Bank Accounts page in Wiise where all connections made via ACSISS My Data appear with an Active status. 

4. Map your connected Bank Accounts

1. By completing the above steps, you’ll be directed to the Map Connected Bank Accounts page, where all connections made via ACSISS My Data appear with an Active status. 
   
2. Alternatively, from your Wiise landing page, select Bank Accounts.  
3. Select the bank account row you want to link the feed to.  
4. Select Actions. Then, select Map Bank Feed.  
   
   Note: If you do not see Actions, select More Options. Then, you can see the Actions menu.  
   
   Note: On your active bank account card, select the ACSISS Bank Feed Information section. The fifth section only appears after you’ve connected to a bank feed. Here, you can view your bank feed details and check ACSISS Feed Status to confirm the connection is active. 
   
   
   
   Note: Once your bank account is active, you’ll need to set up Job Queue Entries.  
5. You’ve mapped your connected bank accounts. 

5. Set up Job Queue Entries

 

1. Search for Job Queue Entries on the top right-hand corner of the page.  
   
2. Select the related link and Job Queue Entries page displays.  
   
3. Select + New to set up the job queue entry to run your ACSISS bank feeds.  
   
   Note: You’ll need to set up 70949759 as the Object ID to Run your ACSISS bank feeds.  
   
4. Fill in the following fields: 
   1. General section: 
      1. Object Type to Run: Select Report.  
      2. Object ID to Run: 70949759. 
      3. Earliest Start Date/Time: Today’s date.  
   2. Recurrence section: 
      1. Select the toggle button to run the bank feeds every day.  
      2. Starting Time: 9:30am (Sydney time/AEST) 
5. Select Set Status to Ready. 
6. Select the back button. You can now see the job queue entry for the bank feed is in Ready Status.  
7. You’ve connected your bank accounts, mapped bank feeds and set up job queue entries.  

6. View and reconcile your bank statements

7. View your bank statements

1. Search for ACSISS Bank Statements in the top right-hand corner of the page. Select the related link and the page displays.  
   
2. The bank feed transactions are populated on the ACSISS Bank Statements list for reconciliation. 
   
   Note: There are 6 buttons on the ACSISS Bank Statements list. There’s no need to manually mark transactions as PRJ or BAR as they are applied automatically from the bank feed.  
   

8. Perform Bank Account Reconciliation

1. Search for Bank Account Reconciliation on the top right-hand corner of the page. Select the related link and page displays.  
   
   Tip: You can perform reconciliations using Microsoft Co-pilot if enabled. 
2. Select New. Then, select Get ACSISS Bank Statement Lines.  
   
3. The Get ACSISS Bank Reconciliation Statement table displays.  
   
4. Select the Start and End Date to include unreconciled statements.  
5. Select the bank account No. Then, select OK.  
6. Return to the Bank Account Reconciliation page.  
   
7. Review and match the transactions. 
8. Perform your bank account reconciliation.  
   
   Note: Once you’ve reconciled your transaction, the Reconcile X records for the bank account on the Wiise Bank Feeds panel reduces to zero records.  
   
   Note: On the ACSISS Bank Statement page, the lines that have been reconciled would be tagged as BAR Created and BAR Posted. 
9. You’ve reconciled your bank statements using bank account reconciliation.  

9. Perform Payment Reconciliation Journals

1. Search for Payment Reconciliation Journals on the top right-hand corner of the page. Select the related link and page displays.  
2. Select More Options. Then, select Actions. From the drop-down select Get ACSISS Bank Statement.
   
3. The Get ACSISS Payment Statement table displays.  
   
4. Select the Start and End Date to include unreconciled statements.  
5. Select the bank account No. Then, select OK.  
6. The Payment Reconciliation Journals list populates the Bank Account No., and highlights the Remaining Amount to Apply to transactions.  
   
7. Select the relevant Bank Account No. The Payment Reconciliation Journal page for the bank account displays.  
   
8. Review and match the transactions. 
   
   Note: Once transactions have been matched and reconciled, these would be tagged as PRJ Created and PRJ Posted on the ACSISS Bank Statement page. Reconcile X records for the connected bank account on the Wiise Bank Feeds panel reduces to zero records.  
9. You’ve reconciled your bank statements using the payment reconciliation journals.  

 

What’s next? 

Find out how to read your ACSISS Bank Feed Status.  

 

Having trouble?

• Check our bank feed system status updates
• Find more help using our bank feed troubleshooting guide

 

Need more help?    

No problem, that's what we're here for. Reach out to support@wiise.com anytime you can't find what you're looking for.