Revolut Statements + Construction Companies Workflow
As construction business, you regularly handle Revolut bank statements. Construction firms juggle CIS deductions, subcontractor payments, material costs, and retention payments — all needing accurate bank reconciliation for HMRC.
BankScan AI: Revolut to Excel for Construction Companies
BankScan AI converts Revolut statements to Excel automatically — handling DD MMM YYYY and single Amount column with currency code prefix, exchange rate details, and running balance per currency. Convert your bank statements to Excel to quickly match CIS payments, subcontractor invoices, and material costs for VAT returns and CIS submissions.
About Revolut Statement Format
Revolut statements include multi-currency transactions. BankScan AI preserves the original currency and exchange rate columns.
Revolut Statement Quirks
Revolut uses DD MMM YYYY with single Amount column with currency code prefix, exchange rate details, and running balance per currency. Common issues: Multi-currency accounts generate separate transaction lists per currency that must be consolidated, vault savings transfers inflate transaction counts, and fee-free ATM withdrawal limits create separate fee lines when exceeded. BankScan AI handles all of these automatically.
How Construction Companies Handle Revolut Statements
When working with Revolut statements, construction companies need to Construction companies process bank statements to match subcontractor payments against CIS deduction certificates, reconcile material supplier invoices, track retention payments held and released on p
Key terms you'll encounter: CIS deduction, retention payment, reverse charge VAT, application for payment, valuation.
How It Works
Upload Revolut statement
Drag and drop your Revolut PDF. Supports PDF, CSV. Our AI handles DD MMM YYYY automatically.
AI parses the statement
Our AI understands Revolut's single Amount column with currency code prefix, exchange rate details, and running balance per currency and extracts every transaction with 99%+ accuracy.
Use in your construction companies workflow
Download Excel ready for Sage 50, Xero or direct analysis.
Revolut + Construction Companies Features
- Each transaction shows — the original currency amount and the GBP equivalent with the exchange rate used
- Vault transfers (savings) — appear as paired debit/credit entries
- Built for Construction Companies — Saves 3-5 hours per month on CIS payment matching and subcontractor reconciliation, reducing errors that can trigger HMRC penalties
- Software compatible — Output works directly with Sage 50, Xero, Evolution M
Convert Revolut Statements — Built for Construction Companies
Handles DD MMM YYYY dates, single Amount column with currency code prefix, exchange rate details, and running balance per currency, and PDF, CSV formats automatically.
Convert Revolut Statements Free