How To Convert Bank Statements To Excel, CSV Or QBO - DocuClipper (2024)

If you’ve ever wondered how to convert Bank Statements to Excel, CSV, or QBO you’re not alone.

Busy professionals often need to import transactions into their accounting software, and while setting up bank feeds or downloading files directly from your bank’s website can be straightforward, dealing with older transactions or PDF and scanned copies of statements can be a challenge.

Luckily, by using a bank statement converter with OCR (optical character recognition) technology, you can easily convert bank statements to Excel or CSV formats.

And as a busy professional, you don’t have the time to manually enter all this information. Thankfully, there’s a better way. You can useDocuClipperto automatically import the bank statements into Excel or your accounting software.

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For those interested, this process also applies when you’re learning how to convert PDF credit card statements to Excel or CSV.

Step 1: Select the Bank Statement Converter

The first step how to convert PDF bank statements to Excel or CSV using DocuClipper is to login into the platform and select “Bank & Credit Card Statements”.

Drag and drop one or more statements. DocuClipper bank statement OCR works with any text or scanned bank statement. It uses Optical character recognition technology to be able to read scanned statements. You can process multiple statements at the same time.

Click on convert.

Step 2: Transactions are Extracted Automatically

DocuClipper Bank Statement converter extracts all the transactions, creating a comprehensive bank extract that includes other data like balances, dates, account numbers, etc.

Step 3: Reconcile the Bank Statements

The next step is to reconcile your bank statements.

DocuClipper bank statement reconciliation compares transaction totals to summary information on the statement. If everything checks out, the statement is identified as reconciled, saving you time and manual review. You can see the reconciliation status on the summary table (top right of the page).

Here’s a video showing how to reconcile the statements:

Step 4A: Convert Bank Statement to Excel

Click on “Download data”. Select “Excel” as the output format. Select XLSX. Click on “Download Data” and the spreadsheet will be downloaded to your computer.

Step 4B: Convert Bank Statement to CSV

Click on “Download data”. Select “Excel” as the output format. Select CSV. Click on “Download Data” and the spreadsheet will be downloaded to your computer. Additionally learn more about How to Convert PDF to QBO.

Step 5: Configure the Output Format

With DocuClipper, you can choose which columns to include in the output. Supported fields are “date”, “date2”, “amount”, “debit”, “credit”, “balance”, “account number” and more.

Here’s a video showing how to download the data and customize the output format:

Conclusion

Knowing how to convert PDF bank statements to Excel or CSV can save you hours, days, weeks, and sometimes even months of work.

And DocuClipper makes this super easy as it is one of the best bank statement converter software.

In fact, DocuClipper is considered the easiest OCR bank statement converter on the market with our automatic bank statement recognition feature.

With that, we are able to automatically recognize 1,000s of different bank statements around the world.

Here you can see our list of supported banks.

For more information read our other guides:

• How to Manually Import Bank Transactions Into QuickBooks Online
• How to Manually Import Bank Transactions into QuickBooks Desktop

Frequently Asked Questions about How to Convert PDF Statements to Excel or CSV

Here we discuss some of the most commonly asked questions when it comes to converting PDF bank statements to Excel or CSV.

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