How to setup Plaid banking system tokens

Accountability has an integration with Plaid  to automate the feed of bank and credit card transactions.

Overview:

The integration will allow clients to use two functions in the system:

• Bank Reconciliation matching function, allowing the matching of bank entries processed in the system with direct feed of transactions from the bank.
• Corporate Credit Card function, allowing Corporate Credit Card holders to process and submit their credit cards.

Setting up the Bank Feeds:

There are a couple of steps involved in setting up the bank feed:

1. Creating the API integration via Plaid.
2. Connecting your specific Bank/Credit Card accounts to the relevant bank feeds.

Creating the API integration via Plaid

• From the main navigation bar,  Go to Setup Files > Setup Options.
• On the top right hand side of the page, select the API Integrations hyperlink.
• You will be directed to the API Integrations landing page.
• Search and select the Plaid Banking System Tokens.

• The Plaid Banking System Tokens landing page will be presented, here you can create, update, delete or make a token inactive by checking the box and selecting the desired action. 

• To create a new token, click on CREATE A NEW TOKEN.
• You will be directed to the Plaid log in Page
  1. Accept the Plaid end user privacy policy by selecting continue
  2. Select your financial institution 
  3. You will be directed to enter your username and password, click submit
  4. A confirmation page with all of your accounts will be presented, click continue