FreeAgent + Dentists: Faster Bank Import
Dental practices handle a mix of NHS and private payments, equipment purchases, and supplier invoices — all flowing through multiple bank accounts. If you use FreeAgent for your accounting, you need a fast way to get bank statement data into the system.
BankScan AI for Dentists Using FreeAgent
BankScan AI converts any bank statement PDF to CSV / OFX formatted for direct import into FreeAgent. Convert your practice bank statements to Excel instantly, making it easy for your accountant to reconcile NHS payments, private fees, and practice expenses.
The Dentists + FreeAgent Workflow
Dental practices receive NHS schedule payments monthly from the BSA, process private patient card payments daily, pay dental suppliers for materials and lab work, and manage associate dentist fees. Bank statements must be reconciled against practice management software reports and NHS schedules to ensure all income is accounted for.
Key terms you'll encounter: NHS schedule payment, UDA value, associate earnings, BSA reconciliation.
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 2-3 hours per month reconciling NHS schedule payments against bank statements, plus faster preparation for annual accounts
AI formats for FreeAgent
Output as CSV / OFX with Date, Description, Amount (single column) — FreeAgent also accepts OFX files which skip the column mapping step entirely — dates in DD/MM/YYYY.
Import and reconcile
In FreeAgent, go to Banking > select your account > Import Bank Statement. Choose CSV or OFX format, upload the file, and FreeAgent will parse the transactions automatically. FreeAgent automatically estimates your tax bill in real-time as transactions are imported, giving sole traders an up-to-date picture of their tax liability.
Supported Banks
BankScan AI works with all major UK and US banks, including:
FreeAgent Features for Dentists
- FreeAgent ready — Output formatted as CSV / OFX matching FreeAgent's expected column structure
- Smart integration — FreeAgent automatically estimates your tax bill in real-time as transactions are imported, giving sole traders an up-to-date picture of their tax liability.
- Built for Dentists — Saves 2-3 hours per month reconciling NHS schedule payments against bank statements, plus faster preparation for annual accounts
- Software compatible — Output works directly with Sage, Xero, Dentally
Import Steps for Dentists Using FreeAgent
As dentist, here's how to get bank data into FreeAgent:
- In FreeAgent, go to Banking > select your account > Import Bank Statement
- Choose CSV or OFX format, upload the file, and FreeAgent will parse the transactions automatically
Common Import Issues
FreeAgent can struggle with CSV files that have extra header rows or summary rows at the bottom. Ensure only transaction data rows are included.
FreeAgent Import — Built for Dentists
Free for NatWest, RBS, and Ulster Bank business customers. Popular among UK freelancers and contractors for its simple self-assessment tax return filing.
Try Free — FreeAgent + Dentists