TENANTPOINT + PLAID
Turn bank transactions into property intelligence.
Plaid securely connects your property bank accounts to TenantPoint so deposits and expenses can be matched to the right tenant, vendor, work order, and property.
- Rent deposits
- Property expenses
- Reconciliation
What Plaid actually does here
Plaid is bank connectivity, not accounting and not property management—it's infrastructure that banks and fintech apps use to link an account (your bank credentials go through Plaid's own connection screen, never through TenantPoint) and read that account's activity on a read-only basis. TenantPoint uses it for exactly that: bringing your property's real bank transactions in automatically, instead of you exporting and importing a CSV.
A simple way to think about the three systems together: Plaid answers “what happened in the bank?” TenantPoint answers “what does that mean for the property?” QuickBooks answers “how should it be accounted for?” Each system does the part it's actually good at.
From a bank line to property context
Rent deposits
TenantPointMatches an incoming deposit to the tenant and invoice it belongs to.
PlaidBrings the deposit in automatically, with no CSV import.
Property expenses
TenantPointConnects a debit to the vendor, work order, and CAM eligibility behind it.
PlaidSurfaces the transaction the moment it clears.
Reconciliation
TenantPointKeeps a running, always-current picture of what's matched and what still needs review.
PlaidKeeps transaction history and balances current without a manual refresh.
Read-only, and scoped to what it's for
Connecting a bank account through Plaid gives TenantPoint read access to that account's transaction activity—not the ability to move money out of it. An owner or admin connects the account once, from the Banking screen, and every new transaction after that shows up automatically.
TenantPoint doesn't touch anything else in the bank account, and disconnecting a bank account doesn't delete the transaction history you've already reconciled.
Where it hands off to the rest of the property
Once a transaction arrives, TenantPoint is the layer that gives it meaning: matching a deposit to the tenant and month it settles, or connecting a debit to the vendor and work order that caused it and flagging whether it belongs in a CAM reconciliation. Nothing about that context exists inside the bank feed itself—Plaid brings the transaction; TenantPoint figures out what it means for the property.
From there, an approved expense or a matched payment can flow on into QuickBooks if you've connected it—see the QuickBooks integration for what happens next.
GOOD TO KNOW
Questions owners ask about this.
Can Plaid move money, or only show transactions?
The connection described on this page is read-only: TenantPoint reads your bank activity through Plaid so transactions can be matched and categorized. It doesn't give TenantPoint the ability to move money out of the account.
Is Plaid a bank or a payment processor?
Neither—Plaid is connectivity infrastructure that links a real bank account to an application like TenantPoint on a read-only basis, without your bank credentials ever passing through TenantPoint itself. Your money stays at your own bank.