Importing bank statement transactions is straightforward when you set up bank feeds on your accounting software or if you can download a file directly from the bank’s website.
However, sometimes you need to import old transactions from a few years ago or maybe you only have PDF or scanned copies of the statements.
As a busy professional, you don’t have the time to manually enter all this information. Thankfully, there’s a better way. You can use DocuClipper to automatically import the bank statements into Excel or your accounting softare.
Click on “Bank and credit card statements”.
Drag and drop one or more statements. DocuClipper 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.
DocuClipper extracts all the transactions from the bank statement and other data like balances, dates, account numbers, etc.
DocuClipper 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:
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.
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.
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:
And here’s a video version of this tutorial:
Yes, DocuClipper can convert digital and scanned statements from any bank to Excel.
Yes, DocuClipper can convert digital and scanned statements from any bank to CSV.
Yes, DocuClipper can convert any bank or credit card statement to Excel.
Yes, DocuClipper uses Optical Character Recognition (OCR) technology to convert any scanned bank statement to Excel.
Yes, DocuClipper can convert as many statements as you want in a single job.