Sage + Letting Agents: Faster Bank Import
Letting agents managing tenant deposits, rent collection, and landlord payments across client money accounts need meticulous reconciliation. If you use Sage for your accounting, you need a fast way to get bank statement data into the system.
BankScan AI for Letting Agents Using Sage
BankScan AI converts any bank statement PDF to CSV formatted for direct import into Sage. Convert your client money account statements to Excel for fast reconciliation of rent receipts, deposit transfers, and management fee deductions.
The Letting Agents + Sage Workflow
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 payments. Monthly landlord statements must reconcile exactly with the client money account bank statement, with every penny accounted for.
Key terms you'll encounter: client money protection, landlord statement, tenant deposit scheme, management fee.
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 3-4 hours per week on client money account reconciliation for a letting agent managing 100+ properties
AI formats for Sage
Output as CSV with Date, Details/Reference, Paid in, Paid out — Sage requires separate debit and credit columns rather than a single signed amount — dates in DD/MM/YYYY.
Import and reconcile
In Sage Accounting, go to Banking > select your bank account > Import statement. Upload the CSV, confirm column mapping (Date, Details, Paid in, Paid out), and import. Sage's bank reconciliation remembers previous matching rules, so repeat transactions from the same payee are auto-suggested for the same nominal code.
Supported Banks
BankScan AI works with all major UK and US banks, including:
Sage Features for Letting Agents
- Sage ready — Output formatted as CSV matching Sage's expected column structure
- Smart integration — Sage's bank reconciliation remembers previous matching rules, so repeat transactions from the same payee are auto-suggested for the same nominal code.
- 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
Import Steps for Letting Agents Using Sage
As letting agent, here's how to get bank data into Sage:
- In Sage Accounting, go to Banking > select your bank account > Import statement
- Upload the CSV, confirm column mapping (Date, Details, Paid in, Paid out), and import
Common Import Issues
Sage requires separate Paid in/Paid out columns — a single Amount column will fail. Also rejects imports where the date column contains time stamps.
Sage Import — Built for Letting Agents
UK heritage brand with 30+ years in accounting software. Sage 50 Desktop remains dominant in mid-market, while Sage Accounting targets cloud-first small businesses.
Try Free — Sage + Letting Agents