FreeAgent + Annual Company Accounts: Complete Workflow
Preparing for annual company accounts and using FreeAgent? Preparing annual accounts for Companies House requires reconciling a full year of bank transactions. Many small companies still rely on PDF statements from their bank. BankScan AI bridges the gap between your bank's PDF statements and FreeAgent's import feature.
BankScan AI → FreeAgent for Annual Company Accounts
Convert bank statement PDFs to CSV / OFX formatted for FreeAgent import. Convert your full year of bank statements to Excel for fast reconciliation, trial balance preparation, and Companies House filing.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload Full financial year (12 months), aligned to the company's accounting reference date of statements.
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 use for annual company accounts
Upload into FreeAgent and use the reconciled data for annual company accounts.
Supported Banks
BankScan AI works with all major UK and US banks, including:
FreeAgent + Annual Company Accounts Features
- 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 Annual Company Accounts — Convert your full year of bank statements to Excel for fast reconciliation, trial balance preparation, and Companies House filing.
Import for Annual Company Accounts into FreeAgent
After converting your bank statements for annual company accounts:
- 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 for Annual Company Accounts
Accounts must be filed within 9 months of the accounting year-end for private companies; late filing penalties start at 150 GBP and escalate to 1,500 GBP
Convert for FreeAgent + Annual Company Accounts