Stripe Statements + Construction Companies Workflow
As construction business, you regularly handle Stripe bank statements. Construction firms juggle CIS deductions, subcontractor payments, material costs, and retention payments — all needing accurate bank reconciliation for HMRC.
BankScan AI: Stripe to Excel for Construction Companies
BankScan AI converts Stripe statements to Excel automatically — handling YYYY-MM-DD and payout-centric layout listing individual charges, refunds, fees, and adjustments grouped by payout batch with net settlement amount. Convert your bank statements to Excel to quickly match CIS payments, subcontractor invoices, and material costs for VAT returns and CIS submissions.
About Stripe Statement Format
Stripe payout statements list individual charges, refunds, and fees per payout batch. BankScan AI expands payout summaries into line-by-line transaction detail.
Stripe Statement Quirks
Stripe uses YYYY-MM-DD with payout-centric layout listing individual charges, refunds, fees, and adjustments grouped by payout batch with net settlement amount. Common issues: Payouts bundle dozens or hundreds of individual charges into a single bank deposit making reconciliation complex, Stripe Connect platform fees add additional fee layers, and disputed charges appear as separate adjustment entries that must be matched to original transactions. BankScan AI handles all of these automatically.
How Construction Companies Handle Stripe Statements
When working with Stripe 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 Stripe statement
Drag and drop your Stripe PDF. Supports PDF, CSV. Our AI handles YYYY-MM-DD automatically.
AI parses the statement
Our AI understands Stripe's payout-centric layout listing individual charges, refunds, fees, and adjustments grouped by payout batch with net settlement amount and extracts every transaction with 99%+ accuracy.
Use in your construction companies workflow
Download Excel ready for Sage 50, Xero or direct analysis.
Stripe + Construction Companies Features
- Each payout contains — a detailed breakdown of all charges, refunds, and fees that compose the net settlement
- Stripe Connect marketplace — fees and application fees are itemised separately
- 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 Stripe Statements — Built for Construction Companies
Handles YYYY-MM-DD dates, payout-centric layout listing individual charges, refunds, fees, and adjustments grouped by payout batch with net settlement amount, and PDF, CSV formats automatically.
Convert Stripe Statements Free