Bill.com + Construction Companies: Faster Bank Import
Construction firms juggle CIS deductions, subcontractor payments, material costs, and retention payments — all needing accurate bank reconciliation for HMRC. If you use Bill.com for your accounting, you need a fast way to get bank statement data into the system.
BankScan AI for Construction Companies Using Bill.com
BankScan AI converts any bank statement PDF to CSV formatted for direct import into Bill.com. Convert your bank statements to Excel to quickly match CIS payments, subcontractor invoices, and material costs for VAT returns and CIS submissions.
The Construction Companies + Bill.com Workflow
Construction companies process bank statements to match subcontractor payments against CIS deduction certificates, reconcile material supplier invoices, track retention payments held and released on projects, and prepare monthly CIS returns for HMRC. Project managers often need bank data to verify costs against project budgets.
Key terms you'll encounter: CIS deduction, retention payment, reverse charge VAT, application for payment.
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 3-5 hours per month on CIS payment matching and subcontractor reconciliation, reducing errors that can trigger HMRC penalties
AI formats for Bill.com
Output as CSV with N/A — Bill.com is AP/AR software. Use BankScan AI data to verify that Bill.com-initiated payments cleared the bank correctly. — dates in MM/DD/YYYY (for reference).
Import and reconcile
Bill.com doesn't import bank statements directly. Use BankScan AI CSV output to reconcile Bill.com payment records against actual bank debits and credits in your accounting software. Cross-reference BankScan AI bank data with Bill.com payment records to catch failed payments, duplicate charges, and timing differences between payment initiation and bank clearing.
Supported Banks
BankScan AI works with all major UK and US banks, including:
Bill.com Features for Construction Companies
- Bill.com ready — Output formatted as CSV matching Bill.com's expected column structure
- Smart integration — Cross-reference BankScan AI bank data with Bill.com payment records to catch failed payments, duplicate charges, and timing differences between payment initiation and bank clearing.
- 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
Import Steps for Construction Companies Using Bill.com
As construction business, here's how to get bank data into Bill.com:
- Bill
- com doesn't import bank statements directly
- Use BankScan AI CSV output to reconcile Bill
- com payment records against actual bank debits and credits in your accounting software
Common Import Issues
No direct import. Common reconciliation issue: Bill.com batches multiple payments into single ACH debits — use BankScan AI's date and amount data to match batch totals.
Bill.com Import — Built for Construction Companies
Leading US AP/AR automation platform with 460,000+ customers. Essential tool for mid-market businesses processing high volumes of vendor payments and customer invoices.
Try Free — Bill.com + Construction Companies