IRIS + Real Estate Agents: Faster Bank Import
Real estate agents and brokers need to review buyer bank statements for pre-qualification, track commission income, and manage escrow account reconciliation. If you use IRIS for your accounting, you need a fast way to get bank statement data into the system.
BankScan AI for Real Estate Agents Using IRIS
BankScan AI converts any bank statement PDF to CSV formatted for direct import into IRIS. Convert bank statements to clean spreadsheets for buyer pre-qualification reviews, commission tracking, and escrow reconciliation.
The Real Estate Agents + IRIS Workflow
Real estate agents review buyer bank statements to verify down payment funds and assess financial readiness for pre-qualification letters. They track commission checks from closings, reconcile escrow account activity, manage marketing expenses and MLS dues, and prepare Schedule C documentation for their tax preparer. Broker-agents must also reconcile their split with the brokerage.
Key terms you'll encounter: escrow account, commission split, closing statement, pre-qualification.
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 30-45 minutes per buyer pre-qualification on bank statement review, plus 1-2 hours per month on commission and expense tracking
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 Real Estate Agents
- 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 Real Estate Agents — Saves 30-45 minutes per buyer pre-qualification on bank statement review, plus 1-2 hours per month on commission and expense tracking
- Software compatible — Output works directly with QuickBooks, Dotloop, Excel
Import Steps for Real Estate Agents Using IRIS
As real estate agent, 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 Real Estate Agents
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 + Real Estate Agents