Why Financial Advisors (IFAs) Need QBO Format
As financial advisor, converting bank statements to QBO saves hours of manual data entry. QuickBooks Web Connect (.qbo) is a QuickBooks-specific format that provides the smoothest possible import experience into QuickBooks Desktop and Online. Saves 30-45 minutes per client fact-find on income and expenditure analysis, with annual reviews completed 20-30 minutes faster per client
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 30-45 minutes per client fact-find on income and expenditure analysis, with annual reviews completed 20-30 minutes faster per client
AI outputs QBO
Our AI extracts all transactions and outputs QBO (.qbo). BankScan AI generates QBO files with proper INTU.BID bank identifiers, unique FI
Use in your financial advisors (ifas) work
Import into Intelliflo, CashCalc, Excel or use for direct analysis.
QBO Tip for Financial Advisors (IFAs)
BankScan AI generates QBO files with proper INTU.BID bank identifiers, unique FITID transaction IDs to prevent duplicates, and correctly signed amounts (negative for debits, positive for credits).
Supported Banks
BankScan AI works with all major UK and US banks, including:
QBO Features for Financial Advisors (IFAs)
- QBO advantages — QuickBooks recognises QBO files natively — double-click to import. Transactions land directly in the bank reconciliation queue with payee names and amounts pre-populated.
- Built for financial advisors (ifas) — Saves 30-45 minutes per client fact-find on income and expenditure analysis, with annual reviews completed 20-30 minutes faster per client
- Format compatibility — QuickBooks Desktop and QuickBooks Online users who want the cleanest import with automatic bank account matching and transaction categorisation suggestions
QBO Converter — Built for Financial Advisors (IFAs)
QuickBooks Desktop and QuickBooks Online users who want the cleanest import with automatic bank account matching and transaction categorisation suggestions
Convert to QBO Free