IRIS + Medical Practices: Faster Bank Import
Medical practices receive payments from insurance companies, Medicare, Medicaid, and patients — each with different reimbursement schedules and reconciliation requirements. If you use IRIS for your accounting, you need a fast way to get bank statement data into the system.
BankScan AI for Medical Practices Using IRIS
BankScan AI converts any bank statement PDF to CSV formatted for direct import into IRIS. Convert practice bank statements to Excel to reconcile insurance reimbursements, patient payments, and vendor costs for accurate practice financial management.
The Medical Practices + IRIS Workflow
Medical practice administrators reconcile ERA (Electronic Remittance Advice) payments from insurance companies against claims submitted, verify patient co-pay and deductible collections, track Medicare and Medicaid reimbursements, and match vendor payments for medical supplies and equipment. Bank statements are cross-referenced against practice management system billing reports to identify underpayments and denials.
Key terms you'll encounter: ERA payment, EOB, claim denial, CPT code.
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 4-6 hours per week on insurance payment reconciliation and patient payment posting for a practice with 5+ providers
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 Medical Practices
- 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 Medical Practices — Saves 4-6 hours per week on insurance payment reconciliation and patient payment posting for a practice with 5+ providers
- Software compatible — Output works directly with QuickBooks, Kareo, athenahealth
Import Steps for Medical Practices Using IRIS
As medical practice owner, 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 Medical Practices
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 + Medical Practices