What do I get for one bank statement file?

A transaction table with every row pointing back to its source page, a running-balance tie-out, and a lender scorecard: day-weighted average daily balance, true operating revenue, existing MCA debits, NSF history, cross-month continuity and a forensic audit. One uploaded file = one credit, up to 600 pages.

How does SheetParser verify the numbers?

Every transaction row is checked against the running balance: Opening + Deposits - Withdrawals = Closing. A misread digit breaks the math, so the exact broken line is flagged rather than silently passed. Paid packs add up to 10 independent second-reader passes a day and flag every cell the two readers disagree on.

Does SheetParser support scanned or phone-photographed PDFs?

Yes. A layout-aware extraction pass handles scanned, faxed and phone-captured statements, followed by the same balance reconciliation and, on paid packs, an independent second reader.

Can a funder verify the report without an account?

Yes. The verification certificate binds the document hash and the balance proof, and opens on a public verification page at sheetparser.com/verify for free.

Is SheetParser a credit decision engine?

No. The scorecard is decision support: it shows the inputs, the method and the flags. Adverse-action responsibility stays with the lender.

SheetParserReconciledPowered by layout-aware OCR

PDF to QBO Convert Free Online

Opening + Deposits − Withdrawals = Closing

Convert Bank Statements to Verified Excel (.XLSX)

Powered by state-of-the-art layout-aware OCR layout intelligence. A single mistyped transaction breaks a client's general ledger. SheetParser extracts every debit and credit into clean Excel, then mathematically proves every line ties out. Discrepancies are flagged row-by-row—never silently ignored.

Instant Bank Statement Parser

Zero merged columns · Native Excel formulas · Scanned statements supported

Convert Bank Statement Now

$0.00 Variance Tie-Out Zero Merged Cells Free Daily Conversions

Why Generic PDF Converters Ruin Accounting Data

Accounting demands 100% mathematical certainty. Here is why generic converters fail bookkeepers and CPAs:

Silent OCR Arithmetic Errors

The Trap:Traditional converters miss negative signs or misread '$1,050.00' as '$10,500.00'. A single undetected error throws off client books and costs bookkeepers 3–4 hours of painful forensic tracing.

SheetParser Fix:SheetParser computes the mathematical equation after every line item: Opening Balance + Deposits − Withdrawals = Closing Balance. If variance isn't exactly $0.00, the exact row is highlighted in red.

Merged Columns & Broken Row Wraps

The Trap:Standard PDF-to-Excel tools merge columns C & D or split multi-line merchant descriptions into 3 separate orphaned rows, destroying sorting, filtering, and VLOOKUP functions.

SheetParser Fix:Strict layout reconstruction guarantees 1 row per transaction, standard debit/credit split, and native floating-point numeric cells with zero merged columns.

Skewed Phone Photos & Faxed Scans

The Trap:Business borrowers frequently submit faxed statements or crooked phone photos with dark shadows. Traditional rule-based OCR accuracy drops below 85%.

SheetParser Fix:Dual vision AI models handle skewed, low-DPI, folded, or multi-angle mobile captures, followed by an independent second reader pass on disputable characters.

Zero Provenance & Audit Friction

The Trap:When CPAs, tax auditors, or commercial underwriters ask where an unusual debit came from, you have to manually search through 80-page PDF binders.

SheetParser Fix:Precision cell-level bounding boxes: click any figure in the extracted table to instantly jump to the exact coordinate and highlight the original PDF source snippet.

Built Specifically for CPAs, Bookkeepers & Underwriters

Enterprise financial capabilities delivered in an instant web workspace.

Opening to Closing Tie-Out

Validates opening balance against the final transaction, flagging any gaps or omitted intermediate pages.

Multi-Account Auto-Separation

Statements containing Checking, Savings, and CD accounts are automatically split into separate Excel tabs.

Native QuickBooks .QBO & Xero CSV

Export formatted QuickBooks Web Connect (.QBO) files with collision-proof FITIDs or clean CSV for Xero.

Cryptographic Audit Certificate

Issues a public, shareable verification certificate with SHA-256 hash proof of mathematical reconciliation.

Bank Statement Extraction FAQs

How does SheetParser guarantee 100% calculation accuracy?

Unlike generic OCR that merely reads raw text, SheetParser enforces double-entry arithmetic reconciliation: Opening Balance + Total Deposits − Total Withdrawals = Closing Balance. Every single row's running balance is verified mathematically. Discrepancies are flagged row-by-row rather than silently passed.

Can I convert scanned bank statements or mobile phone camera photos?

Yes. SheetParser was engineered specifically for real-world accounting workflows, including crooked scans, faxed PDFs, and phone camera snapshots. Our dual layout-aware vision engines detect tabular grids and reconstruct transaction ledgers cleanly.

Will the exported Excel file have merged cells or text-formatted numbers?

Never. All numerical columns (debits, credits, balances) are exported as native floating-point numbers ready for Excel formulas (=SUM, =VLOOKUP, Pivot Tables). Columns are completely unmerged, with one clean row per transaction.

How many pages can I convert for free?

You can convert up to 3 bank statements per day, up to 30 pages each, completely free. No registration or credit card is required to test your first statement.

Is financial data kept confidential and secure?

Yes. All files are encrypted in transit via 256-bit TLS, processed in isolated in-memory containers, and permanently shredded immediately after conversion. We do not store financial records, nor do we train AI models on client data.