Import your operations using Plaid

We have created a complete guide to perform Bank Reconciliation on Springly. 👉 Feel free to download it.

All about Plaid

Plaid is a platform that allows you to import your banking transactions automatically. It helps you to save tedious steps: import by file or manual reconciliation.

Once your account is created and synchronized, Linxo retrieves the list of transactions displayed in your bank account and uploads them to Springly in real-time.

Synchronize Plaid and Springly

In order to synchronize your Plaid account please follow the steps below:

1. Go to the Accounting tab

2. Select Bank Reconciliation

3. Click on Import from your bank. Then click on the automatic method. 

If you don't have an account

1. Click on Synchronize your account with Plaid.

2. You will be redirected to the Plaid website. The connection is done by secure protocol, via an automatically generated token.

Welcome to Plaid

3. Select your bank from the list

Some banks are not managed by Plaid. To find out if your bank is managed by Plaid, please visit this page.

4. Fill in the identifiers you use to connect to your bank's website.

5. Choose the bank accounts for which you want to track transactions. Only the bank transactions of the accounts selected here will appear in Springly.

6. Accept Plaid terms and conditions and click on continue. You will be redirected to the Springly website.

7. Finally, associate each bank account synchronized in Plaid (right) with the corresponding account created in Springly (left).  

Only the accounts synchronized in Plaid and associated in Springly will display bank transactions in the reconciliation interface. 

Import operations automatically

Once Plaid is connected, your bank transactions will be displayed by a statement in Springly. 

Plaid only retrieves bank transactions that are less than 6 months old. To import older transactions, a paid Plaid version will be required. 

Plaid automatically imports the transactions every night: 

• More than 7 days old, to ensure their validity.
• Not already imported, to avoid duplicates.