Why Use BankScan AI?
Preparing PayPal bank statements for 1099 reporting? Businesses issuing 1099s need to verify contractor payments against bank statements. Manually cross-referencing PDFs with payment records is time-consuming and error-prone.
The Solution
BankScan AI converts your PayPal statement PDF to a clean Excel spreadsheet in seconds. Convert bank statements to Excel to quickly filter and identify all contractor payments, verify 1099 amounts, and ensure IRS compliance before January filing deadlines.
About PayPal Statements
PayPal statements include a mix of payments, refunds, fees, and currency conversions. BankScan AI separates transaction types and preserves fee details.
How It Works
Upload your PayPal statement
Drop your PayPal UK bank statement PDF into BankScan AI. Supports PDF, CSV.
AI extracts every transaction
Our AI understands PayPal's statement layout and pulls out dates, descriptions, amounts, and balances.
Use for 1099 reporting
Download a formatted Excel file ready for 1099 reporting. Sort, filter, and analyse as needed.
Key Features
- AI-powered parsing — reads any bank statement layout, not just templates
- All major UK banks — HSBC, Barclays, Lloyds, NatWest, Monzo, Santander, Revolut, and more
- Instant results — upload a PDF, get your spreadsheet in under 30 seconds
- Batch conversion — process multiple statements at once with paid plans
- Secure by design — files processed in memory and deleted immediately
- No software to install — works entirely in your browser
Ready to Save Hours?
Join hundreds of UK accountants and bookkeepers who use BankScan AI every day.
Convert PayPal Statement Free