Gusto + Estate Agents: Faster Bank Import
Estate agents manage client money accounts, commission income, and office expenses — all requiring careful reconciliation for compliance. If you use Gusto for your accounting, you need a fast way to get bank statement data into the system.
BankScan AI for Estate Agents Using Gusto
BankScan AI converts any bank statement PDF to CSV formatted for direct import into Gusto. Convert your client money and office account statements to structured spreadsheets for faster reconciliation and compliance reporting.
The Estate Agents + Gusto Workflow
Estate agents reconcile client money accounts holding tenant deposits and rent, match commission income against completed property sales, and track office operating expenses. Client money accounts must be reconciled separately from office accounts, with detailed records of every client fund movement maintained for compliance.
Key terms you'll encounter: client money account, completion statement, exchange of contracts, CMP scheme.
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 2-3 hours per week on client money account reconciliation and commission tracking across property completions
AI formats for Gusto
Output as CSV with N/A — Gusto is payroll software. Use BankScan AI output to verify payroll debits, tax deposits, and benefits payments match Gusto records. — dates in MM/DD/YYYY (for reference).
Import and reconcile
Gusto doesn't import bank statements. Use BankScan AI to convert your statements to Excel, then filter for payroll-related transactions to reconcile against Gusto's payroll reports. Reconcile Gusto payroll runs against bank statements by matching BankScan AI's extracted debit amounts to Gusto's payroll summary reports — catches timing differences and failed ACH transfers.
Supported Banks
BankScan AI works with all major UK and US banks, including:
Gusto Features for Estate Agents
- Gusto ready — Output formatted as CSV matching Gusto's expected column structure
- Smart integration — Reconcile Gusto payroll runs against bank statements by matching BankScan AI's extracted debit amounts to Gusto's payroll summary reports — catches timing differences and failed ACH transfers.
- Built for Estate Agents — Saves 2-3 hours per week on client money account reconciliation and commission tracking across property completions
- Software compatible — Output works directly with Reapit, Alto by Vebra, Xero
Import Steps for Estate Agents Using Gusto
As an estate agent, here's how to get bank data into Gusto:
- Gusto doesn't import bank statements
- Use BankScan AI to convert your statements to Excel, then filter for payroll-related transactions to reconcile against Gusto's payroll reports
Common Import Issues
No direct import. Use BankScan AI data to identify and verify payroll tax deposits (941, FUTA, SUTA) appearing on your bank statement against Gusto's tax filing records.
Gusto Import — Built for Estate Agents
Leading US payroll platform for small businesses with 300,000+ customers. Known for easy setup and excellent employee onboarding experience.
Try Free — Gusto + Estate Agents