Manage Plaid Bank Accounts

Use this screen to set up the integration between Plaid-supported banks and Costpoint.

Note: This functionality is available only on Costpoint Cloud.

This screen utilizes the Plaid platform, a data transfer network that enables applications to connect with users' bank accounts. Plaid Link, the client-side component that you will interact with, acts as an intermediary between your bank and Costpoint to facilitate communication between the two systems. It handles credential validation, multi-factor authentication, and error handling for banks that Plaid supports.

Note: View the Link Overview article or the Plaid Link Demo to learn more about Plaid Link.

When you add banks on this screen, you will be able to retrieve available account types per bank and link them to Costpoint company bank accounts, which then provides you the ability to download transactions from your Plaid-supported bank and import them into Costpoint.

After you have added Plaid-supported banks on this screen:

• Use the Manage Company Bank Accounts (US Banks) or the Manage Company Bank Accounts (Non-US Banks) screens to link your Costpoint company bank accounts to the Plaid-supported bank accounts added on this screen.
• Use the Transfer Plaid Bank Transactions screen to download transactions from your Plaid-supported bank, import them into Costpoint, and insert them to bank statement tables for reconciliation.
  Note:

  For Costpoint Cloud, you can opt in to Feature 2323960: Plaid Integration with Bank Statement Tables for the Costpoint 2025.4 release. The ability to opt in is temporary and will be removed when the feature becomes automatically enabled for all users as a part of a future Costpoint release. For more information, see the Opt-In Features section of these release notes.

  To use Feature 2323960, Feature 1594731: Enhanced Bank Reconciliation Process must be enabled in Manage Opt-in Features.