PayPal → OFX for Contractors & Freelancers
As contractor, you need PayPal bank statements in OFX format. PayPal statements include a mix of payments, refunds, fees, and currency conversions. BankScan AI separates transaction types and preserves fee details. BankScan AI handles the conversion — DD/MM/YYYY HH:MM:SS, multi-row layout where each transaction shows Gross, Fee, and Net amounts on separate lines with running balance, and all.
How It Works
Upload PayPal PDF
Drop your PayPal statement PDF. Supports PDF, CSV.
AI converts to OFX
Parses PayPal's DD/MM/YYYY HH:MM:SS, extracts all transactions, outputs OFX (.ofx).
Use in your contractors & freelancers work
Download and use with FreeAgent, Xero. Upload your bank statements and get organised spreadsheets that make expense categorisation and self-assessment tax returns straightforward.
PayPal + OFX + Contractors & Freelancers
- PayPal expertise — Handles 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
- OFX output — Accounting software treats OFX imports like a native bank feed — transactions appear in the bank reconciliation screen ready for matching, rather than requiring manual column mapping.
- Built for contractors & freelancers — Saves 1-2 hours per month on expense tracking and categorisation, plus 3-4 hours at year-end when preparing records for self-assessment
PayPal to OFX — For Contractors & Freelancers
Handles DD/MM/YYYY HH:MM:SS, outputs perfect OFX. Free tier available.
Convert PayPal to OFX Free