American Express Statements + Construction Companies Workflow
As construction business, you regularly handle American Express bank statements. Construction firms juggle CIS deductions, subcontractor payments, material costs, and retention payments — all needing accurate bank reconciliation for HMRC.
BankScan AI: American Express to Excel for Construction Companies
BankScan AI converts American Express statements to Excel automatically — handling DD MMM YY and charge card layout with separate sections for new charges, payments, credits, and membership rewards summary. Convert your bank statements to Excel to quickly match CIS payments, subcontractor invoices, and material costs for VAT returns and CIS submissions.
About American Express Statement Format
American Express statements include card transactions, membership rewards, and payment summaries. BankScan AI extracts all transaction detail including merchant categories.
American Express Statement Quirks
American Express uses DD MMM YY with charge card layout with separate sections for new charges, payments, credits, and membership rewards summary. Common issues: Supplementary cardholder transactions are listed separately and must be consolidated, membership reward point entries are interspersed with financial transactions, and the multi-section layout (charges, payments, interest, fees) requires section-aware parsing. BankScan AI handles all of these automatically.
How Construction Companies Handle American Express Statements
When working with American Express statements, construction companies need to Construction companies process bank statements to match subcontractor payments against CIS deduction certificates, reconcile material supplier invoices, track retention payments held and released on p
Key terms you'll encounter: CIS deduction, retention payment, reverse charge VAT, application for payment, valuation.
How It Works
Upload American Express statement
Drag and drop your American Express PDF. Supports PDF. Our AI handles DD MMM YY automatically.
AI parses the statement
Our AI understands American Express's charge card layout with separate sections for new charges, payments, credits, and membership rewards summary and extracts every transaction with 99%+ accuracy.
Use in your construction companies workflow
Download Excel ready for Sage 50, Xero or direct analysis.
American Express + Construction Companies Features
- Membership Rewards points — earned are displayed alongside qualifying transactions
- Supplementary cardholder transactions — appear in a dedicated sub-section
- Built for Construction Companies — Saves 3-5 hours per month on CIS payment matching and subcontractor reconciliation, reducing errors that can trigger HMRC penalties
- Software compatible — Output works directly with Sage 50, Xero, Evolution M
Convert American Express Statements — Built for Construction Companies
Handles DD MMM YY dates, charge card layout with separate sections for new charges, payments, credits, and membership rewards summary, and PDF formats automatically.
Convert American Express Statements Free