Plaid is a service to pull banking balances from your financial institutions. Plaid enables FinDaily to import account balances for display within the email template
- 🔗 Create a New Connection
- 🔗 External User Creating a New Connection
- 🔎 Find Your Bank
- 🤫 Provide Your Credentials
- 🔌 Toggle to Sync Bank Balances
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🔗 Create a New Connection
To get started, expand the Plaid configuration on the Integrations page.
You will see a Connect to Plaid button, clicking this will start the Plaid setup process to link your account.
🔗 External User Creating a New Connection
If you do not have login access, you can create a Connection Portal for someone with login access from the Integrations or Connection pages.
Here is a video overview of creating a Connection Portal
You will see a portal link on the top of the Integrations page; clicking this will take you to the Connections page. Click the + New Portal button to create a portal that will give an external user a secure link to authorize a connection to a service on your behalf. Select the service you want them to connect. The Connection Name can be anything to describe the connection, but the smaller the better, as it will be the name of the Variable you will add to your email template. The following three items are used to create the email in the image to the right. Once you hit the Create button, you can send an email directly to the person or a copy and paste link to create your email. You can resend the email and get the link by clicking the PORTAL CREATED button on the Connections page. The red X under the Active Column on the Connections page will turn to a green checkmark once the person logs in using the portal.
🔎 Find Your Bank
Find the bank you'd like to connect to using the Plaid dialog. As accountants know, banking integrations can be limited! If you don't see your bank here, it is because Plaid does not currently support it.
There are two alternatives for loading bank balances into FinDaily via an accounting integration and Zapier.
Our accounting integration allows you to pull in balance sheet account balances. We recommend you schedule the email after bank feeds are updated on a recurring day or manually push the email out after updating the bank feed.
The Zapier integration is manual, but you could have an admin pull the balance and enter it into Excel. Zapier would load the data into the template. Click here to learn more about Zapier.
🤫 Provide Your Credentials
Upon selecting your bank, enter your username and password. Note FinDaily never receives your bank username or password. This information is sent directly to Plaid to ensure your credentials are kept safe.
Certain banks require additional verification steps in order to set up a connection. Once your account is confirmed, you'll see a success screen where you can click "Continue".
🔌 Toggle to Sync Bank Balances
The final step is selecting the data you want to sync with FinDaily. Currently only bank balances are supported.
Open the Plaid configuration once more and toggle on Bank Balances to sync the current balance for all connected accounts each time an email is sent.
Click Update, this will verify your configurations and setup the variables to be available in the Template Editor.
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