Bank and card accounts (Plaid)

Loopfour can read balances and transactions from your bank and credit-card accounts, and keep a daily copy of your transactions in a table for reconciliation. In Studio this system is called Finances (Plaid).

What you can do

• Check balances for the accounts you pick.
• List accounts at a bank, filtered by type (checking, savings, credit card) and currency.
• Read transactions for a date range, filtered by posted or pending, money in or money out, amount, category or a search word.
• Sync transactions every day into a table. Each run saves what changed since the last run, including corrections and removals from the bank.
• Read the bank's details, such as its name and status.

Connect

You link a bank by signing in to it through Plaid, a service banks use to share account data. You need the online banking login for the accounts you want to read.

Each bank is its own connection. To add another bank, select Manage, then Add account.

Good to know

• A step reads only the bank you picked. If that bank's connection stops working, the step fails. It does not switch to another bank or to a default one.
• You must pick at least one account. A step with no accounts fails rather than reporting nothing found.
• Money in is positive. Inflows are positive and outflows negative, for credit cards too.
• The sync table needs set columns. The table must have the columns the sync writes; if any are missing, the step stops before reading the bank and nothing is changed. Your developer has the list.
• When the bank asks you to sign in again, the connection shows Requires action on Integrations. Select it, then Update connection. Use Refresh accounts if the bank added or closed an account.
• A disconnected bank stays in the list, marked Disconnected, so its history remains. Workflows cannot use it.

Playbooks that use this system

• Reconcile bank transactions
• Match payments to invoices