PayPal Statements + Letting Agents Workflow
As letting agent, you regularly handle PayPal bank statements. Letting agents managing tenant deposits, rent collection, and landlord payments across client money accounts need meticulous reconciliation.
BankScan AI: PayPal to Excel for Letting Agents
BankScan AI converts PayPal statements to Excel automatically — handling DD/MM/YYYY HH:MM:SS and multi-row layout where each transaction shows Gross, Fee, and Net amounts on separate lines with running balance. Convert your client money account statements to Excel for fast reconciliation of rent receipts, deposit transfers, and management fee deductions.
About PayPal Statement Format
PayPal statements include a mix of payments, refunds, fees, and currency conversions. BankScan AI separates transaction types and preserves fee details.
PayPal Statement Quirks
PayPal uses DD/MM/YYYY HH:MM:SS with multi-row layout where each transaction shows Gross, Fee, and Net amounts on separate lines with running balance. Common issues: Each transaction generates multiple rows (gross, fee, net) that must be consolidated, currency conversion entries create additional paired rows, and PayPal's internal transfers to linked bank accounts appear as separate withdrawal entries. BankScan AI handles all of these automatically.
How Letting Agents Handle PayPal Statements
When working with PayPal statements, letting agents need to Letting agents collect rent from tenants into client money accounts, deduct management fees, pay landlords their net rent, handle deposit protection scheme transfers, and manage maintenance contractor
Key terms you'll encounter: client money protection, landlord statement, tenant deposit scheme, management fee, rent arrears.
How It Works
Upload PayPal statement
Drag and drop your PayPal PDF. Supports PDF, CSV. Our AI handles DD/MM/YYYY HH:MM:SS automatically.
AI parses the statement
Our AI understands PayPal's multi-row layout where each transaction shows Gross, Fee, and Net amounts on separate lines with running balance and extracts every transaction with 99%+ accuracy.
Use in your letting agents workflow
Download Excel ready for Goodlord, Arthur Online or direct analysis.
PayPal + Letting Agents Features
- Each transaction is — broken into Gross, Fee, and Net sub-rows requiring consolidation
- Currency conversion entries — show both source and destination amounts with the exchange rate
- Built for Letting Agents — Saves 3-4 hours per week on client money account reconciliation for a letting agent managing 100+ properties
- Software compatible — Output works directly with Goodlord, Arthur Online, PayProp
Convert PayPal Statements — Built for Letting Agents
Handles DD/MM/YYYY HH:MM:SS dates, multi-row layout where each transaction shows Gross, Fee, and Net amounts on separate lines with running balance, and PDF, CSV formats automatically.
Convert PayPal Statements Free