Transfer Plaid Bank Transactions

Use this screen to download transactions from Plaid-supported banks and import them into Costpoint.

Note: This functionality is available only on Costpoint Cloud, excluding GCCM clients.

Note: For Costpoint Cloud, you can choose to opt in to this feature for the Costpoint 8.2.15 release. The ability to opt in is temporary and will be removed when the feature becomes automatically enabled for all users as part of a future Costpoint release. See the Manage Opt-In Features topic for more information.

This screen utilizes the Plaid platform, a data transfer network that enables applications to connect with users' bank accounts. The Plaid software acts as an intermediary between your bank and Costpoint to facilitate communication between the two systems.

Before you transfer Plaid bank transactions, you must first set up the bank integration settings with Costpoint on the Manage Plaid Bank Accounts screen.

Once the settings have been configured, use this screen to download transactions from your Plaid-supported bank accounts and import them into Costpoint.

You have the option to run the transfer process in real time or include it in a batch process. However, you can only run the transfer process once every twenty-four hours.