Why Mortgage Brokers Need QBO Format
As mortgage broker, 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 mortgage application on statement review, which adds up to 5+ hours per week during busy periods with 8-10 applications in progress
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 30-45 minutes per mortgage application on statement review, which adds up to 5+ hours per week during busy periods with 8-10 applications in progress
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 mortgage brokers work
Import into Mortgage Brain, Twenty7Tec, Excel or use for direct analysis.
QBO Tip for Mortgage Brokers
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 Mortgage Brokers
- 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 mortgage brokers — Saves 30-45 minutes per mortgage application on statement review, which adds up to 5+ hours per week during busy periods with 8-10 applications in progress
- 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 Mortgage Brokers
QuickBooks Desktop and QuickBooks Online users who want the cleanest import with automatic bank account matching and transaction categorisation suggestions
Convert to QBO Free