ScanStatement
ScanStatement converts bank statement PDFs into reconciled Excel spreadsheets formatted for tools like QuickBooks and Xero.
What it does
About ScanStatement
ScanStatement is a document extraction utility designed for bookkeepers and accountants to turn bank statement PDFs into Excel spreadsheets. It parses digital documents as well as photographed or scanned files using OCR to output structured rows detailing transaction dates, descriptions, amounts, and balances. To support accurate month-end financial reporting, the platform performs automated balance reconciliation checks, supports live inline table editing, and processes documents in memory to maintain account privacy.
- Availability:
- launched
- Access:
- freemium
- Format:
- software
Pricing at launch: ScanStatement offers a free plan for up to 10 page conversions per month without a credit card, and a Pro plan at $29 per month for 500 pages.
Core capabilities
OCR Statement Data Extraction
Extracts bank statement data into clean rows containing date, description, signed amount, and balance, using OCR for scanned or photographed documents as well as digital PDFs.
Automated Reconciliation Check
Verifies that the opening balance plus transaction amounts equal the closing balance, flagging extractions for user review when values do not align.
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