Forum Discussion
Problems With Money In Excel
Two Problems in setting up Money In Excel
1. Setting up my bank: my bank requires a code to be typed in. I receive the code on my phone. When I type it in in the Money for Excel set up it doesn't go through. Is there a work around? Otherwise I can't add my bank.
2. In the Money In Excel templet there is a section to add custom Expense Categories. Unfortunately I have more categories than the sheet allows and it is a locked section. How can I increase the number of custom categories?
Bruce_GilbertI have a similar problem with Money in Excel. The Plaid integration does not utilize two-factor authentication which I use with my bank logins.
8 Replies
Bruce_GilbertI have a similar problem with Money in Excel. The Plaid integration does not utilize two-factor authentication which I use with my bank logins.
- I received a response from Plaid Support: For clarification, Plaid does support multifactor authentication. However, there is a type of MFA called perpetual one-time password (OTP), which is much harder to support. This type of 2-factor authentication prompts the user for an OTP code on every login, which prevents our automated updates from collecting account data. For that reason, we can't support this type of MFA at this time.
- I wouldn't mind a prompt to put in a 2nd factor code. In fact, I like the idea of knowing when Plaid software is culling information from my accounts. But you can't sign up your institution in the first place because they don't support this type of Multi Factor Authentication. MFA.
Also, no one has ever responded to their other disappointing feature, "Categories" for spending. Besides rediculously broad categories for your spending like "Shopping" you are very limited in the number of custom categories you can create and you you also can't have sub-categories for spending like Insurance > sub category Auto >sub category Homeowners sub category Liability etc.
