Taxfiler + CPAs (Certified Public Accountants): Faster Bank Import
CPAs managing multiple client engagements need to process bank statements from dozens of different US banks for tax preparation, audit support, and financial reviews. If you use Taxfiler for your accounting, you need a fast way to get bank statement data into the system.
BankScan AI for CPAs (Certified Public Accountants) Using Taxfiler
BankScan AI converts any bank statement PDF to CSV formatted for direct import into Taxfiler. BankScan AI converts any US bank statement PDF to Excel instantly — supporting Chase, Bank of America, Wells Fargo, Citi, and 30+ US banks for seamless client work.
The CPAs (Certified Public Accountants) + Taxfiler Workflow
CPAs receive client bank statements for tax return preparation, financial statement compilation and review, and audit procedures. They reconcile bank balances to general ledger accounts, trace transactions for substantive testing during audits, and prepare bank reconciliation workpapers. During tax season, they process hundreds of client statements to verify income and identify deductible expenses.
Key terms you'll encounter: bank confirmation, reconciling items, substantive testing, adjusted trial balance.
How It Works
Upload any bank statement PDF
Supports all major banks. Saves an average of 30 minutes per client per engagement on bank statement data entry, or 10+ hours per week during busy season for a firm with 200+ clients
AI formats for Taxfiler
Output as CSV with N/A — Taxfiler is a tax compliance tool. BankScan AI CSV output serves as supporting documentation and working papers. — dates in DD/MM/YYYY (for reference).
Import and reconcile
Taxfiler doesn't import bank statements directly. Convert with BankScan AI, then use the CSV data to verify income figures and categorise expenses within Taxfiler's accounts production module. Taxfiler's accounts production can reference categorised bank data from BankScan AI spreadsheets to auto-populate trial balance figures.
Supported Banks
BankScan AI works with all major UK and US banks, including:
Taxfiler Features for CPAs (Certified Public Accountants)
- Taxfiler ready — Output formatted as CSV matching Taxfiler's expected column structure
- Smart integration — Taxfiler's accounts production can reference categorised bank data from BankScan AI spreadsheets to auto-populate trial balance figures.
- Built for CPAs (Certified Public Accountants) — Saves an average of 30 minutes per client per engagement on bank statement data entry, or 10+ hours per week during busy season for a firm with 200+ clients
- Software compatible — Output works directly with QuickBooks Online, Sage Intacct, CCH Axcess
Import Steps for CPAs (Certified Public Accountants) Using Taxfiler
As cpa, here's how to get bank data into Taxfiler:
- Taxfiler doesn't import bank statements directly
- Convert with BankScan AI, then use the CSV data to verify income figures and categorise expenses within Taxfiler's accounts production module
Common Import Issues
No direct import. Use BankScan AI output as working papers — sort by category to identify employment income, self-employment turnover, rental income, and capital gains.
Taxfiler Import — Built for CPAs (Certified Public Accountants)
Cloud-native competitor to TaxCalc and IRIS for UK accountancy practices. Strong on CT600 and accounts production with good Companies House filing integration.
Try Free — Taxfiler + CPAs (Certified Public Accountants)