Taxfiler + Bank Reconciliation: Complete Workflow
Preparing for bank reconciliation and using Taxfiler? Monthly bank reconciliation requires matching every bank transaction against your accounting records. Working from PDF statements makes this slow and error-prone. BankScan AI bridges the gap between your bank's PDF statements and Taxfiler's import feature.
BankScan AI → Taxfiler for Bank Reconciliation
Convert bank statement PDFs to CSV formatted for Taxfiler import. Convert bank statement PDFs to Excel for fast side-by-side reconciliation with your accounting records. Sort by date, filter by amount, and spot discrepancies instantly.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload Monthly, covering one calendar month per reconciliation cycle; year-end reconciliation covers the full 12-month period of statements.
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 use for bank reconciliation
Upload into Taxfiler and use the reconciled data for bank reconciliation.
Supported Banks
BankScan AI works with all major UK and US banks, including:
Taxfiler + Bank Reconciliation Features
- 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 Bank Reconciliation — Convert bank statement PDFs to Excel for fast side-by-side reconciliation with your accounting records. Sort by date, filter by amount, and spot discrepancies instantly.
Import for Bank Reconciliation into Taxfiler
After converting your bank statements for bank reconciliation:
- 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 for Bank Reconciliation
Best practice is to reconcile within 5 working days of month-end; delays compound and make year-end reconciliation significantly harder
Convert for Taxfiler + Bank Reconciliation