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Get started with Assess

Instructions for getting started with Assess and tables of supported features for accounting, banking and commerce data sources

This document helps you get started with Assess, and covers both the API and the no-code option available in the Portal.

Enable Assess​

  1. Open the Codat Portal and sign in.
  2. Click on Company.
  3. In the left hand navigation, click Assess.

Assess Profit and Loss page

  1. If you have Assess enabled, you will be taken to the Assess Profit and Loss page. For more information, visit the Assess in the Portal documentation.
  2. If you don't have Assess access, you can enable it by following the onscreen prompt.

Prerequisites​

Configure your data type settings. Click on the Settings tab in the top menu and then Data types. Ensure you have the following data types enabled:

  • Company
  • Chart of Accounts
  • Balance Sheet
  • Profit and Loss
  • Bank Accounts
  • Bank Transactions
  • Banking - Accounts
  • Banking - Transactions
  • Banking - Transaction Categories
  • Banking - Account Balances
  • Commerce - Company Info
  • Commerce - Customers
  • Commerce - Orders

If you don't have all of these enabled, some features of Assess will not work.

Configure your Link settings. Click on the Settings tab in the top menu and then navigate to Auth flow > Link. Scroll down to Integration categories and ensure Accounting, Commerce and Banking data types are enabled.

Features​

Categories

The chart of accounts defines the financial structure of a company by providing a list of all accounts used in the company's general ledger. The Categories feature lets you and your customers categorize transactions into one of the account types, such as Assets, Liabilities, Income, Expenses. There are 162 account categories defined that businesses can use.

Other features of Assess leverages the Categories feature and are reliant on complete and accurate categorizations to produce meaningful results. See our categories documentation:

  • Portal: Categorization of accounts
  • API: Categorization of accounts

Enhanced Financials

These are fully categorized profit and loss, and balance sheet statements broken down by three levels of categories and the company's Chart of Accounts.

Accounting Financial Metrics

This feature provides a set of pre-calculated accounting ratios and metrics used to assess company financial performance.

Data integrity

The Data Integrity feature matches bank accounts and transactions reported in an accounting package against bank accounts and transactions reported in banking sources.

Commerce Metrics

This feature provides a set of pre-calculated commerce ratios and metrics used to assess company financial performance.

We only produce commerce metrics for platforms that support the following data types:

  • Commerce - Company Info
  • Commerce - Customers
  • Commerce - Orders

How can you use it​

Assess is available as a no-code product in the Portal or as APIs to incorporate in your own solutions.

Portal​

Visit our Assess in the Portal documentation.

API​

Explore the features that make up Assess:

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