IRIS + Consultants: Faster Bank Import
Consultants managing multiple client engagements need to track retainers, milestone payments, travel expenses, and subcontractor costs across accounts. If you use IRIS for your accounting, you need a fast way to get bank statement data into the system.
BankScan AI for Consultants Using IRIS
BankScan AI converts any bank statement PDF to CSV formatted for direct import into IRIS. Convert your bank statements to structured spreadsheets to match client payments, track project expenses, and prepare invoices and tax returns efficiently.
The Consultants + IRIS Workflow
Consultants invoice clients on retainer, milestone, or time-and-materials bases, then reconcile bank statements to verify payments received. They track project-specific expenses including travel, accommodation, and subcontractor fees, allocate costs to engagements for profitability analysis, and prepare records for quarterly VAT and annual tax returns.
Key terms you'll encounter: retainer, day rate, scope creep, utilisation rate.
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 1-2 hours per month on client payment reconciliation and expense tracking across multiple concurrent engagements
AI formats for IRIS
Output as CSV with Date, Narrative, Debit, Credit — IRIS uses Narrative instead of Description and requires separate Debit/Credit columns — dates in DD/MM/YYYY.
Import and reconcile
In IRIS Accountancy Suite, open the client file, go to Bank > Import Transactions. Select the CSV file, map columns to Date, Narrative, Debit, Credit, and import. IRIS links bank transactions directly to tax computations, so imported statements feed into both bookkeeping and tax return preparation simultaneously.
Supported Banks
BankScan AI works with all major UK and US banks, including:
IRIS Features for Consultants
- IRIS ready — Output formatted as CSV matching IRIS's expected column structure
- Smart integration — IRIS links bank transactions directly to tax computations, so imported statements feed into both bookkeeping and tax return preparation simultaneously.
- Built for Consultants — Saves 1-2 hours per month on client payment reconciliation and expense tracking across multiple concurrent engagements
- Software compatible — Output works directly with Xero, FreeAgent, Harvest
Import Steps for Consultants Using IRIS
As consultant, here's how to get bank data into IRIS:
- In IRIS Accountancy Suite, open the client file, go to Bank > Import Transactions
- Select the CSV file, map columns to Date, Narrative, Debit, Credit, and import
Common Import Issues
IRIS is strict about column naming — use 'Narrative' not 'Description'. Also requires the CSV to not contain any currency symbols in amount columns.
IRIS Import — Built for Consultants
Dominant in UK accountancy practices — used by 6 of the top 10 UK firms. IRIS is the professional's choice for multi-client practice management.
Try Free — IRIS + Consultants