Tide Statements + Contractors & Freelancers Workflow
As contractor, you regularly handle Tide bank statements. Contractors and freelancers juggling personal and business accounts need to separate expenses for tax purposes.
BankScan AI: Tide to Excel for Contractors & Freelancers
BankScan AI converts Tide statements to Excel automatically — handling DD/MM/YYYY and single Amount column with category tags, invoice references, and running balance. Upload your bank statements and get organised spreadsheets that make expense categorisation and self-assessment tax returns straightforward.
About Tide Statement Format
Tide business account statements include invoice references and categories that BankScan AI maps to your bookkeeping codes.
Tide Statement Quirks
Tide uses DD/MM/YYYY with single Amount column with category tags, invoice references, and running balance. Common issues: Automated invoice matching creates linked transaction references that add extra text to descriptions, expense category tags can fragment the description column, and multi-company account statements from the same login need to be separated. BankScan AI handles all of these automatically.
How Contractors & Freelancers Handle Tide Statements
When working with Tide statements, contractors & freelancers need to Contractors download bank statements from both personal and business accounts, separate allowable business expenses from personal spending, categorise expenses by type for self-assessment, and either
Key terms you'll encounter: IR35, director's loan account, allowable expenses, flat rate VAT, deemed employment.
How It Works
Upload Tide statement
Drag and drop your Tide PDF. Supports PDF, CSV. Our AI handles DD/MM/YYYY automatically.
AI parses the statement
Our AI understands Tide's single Amount column with category tags, invoice references, and running balance and extracts every transaction with 99%+ accuracy.
Use in your contractors & freelancers workflow
Download Excel ready for FreeAgent, Xero or direct analysis.
Tide + Contractors & Freelancers Features
- Invoice references are — automatically matched to incoming payments
- Expense categories are — assigned to each transaction for bookkeeping
- Built for Contractors & Freelancers — Saves 1-2 hours per month on expense tracking and categorisation, plus 3-4 hours at year-end when preparing records for self-assessment
- Software compatible — Output works directly with FreeAgent, Xero, QuickBooks Self-Employed
Convert Tide Statements — Built for Contractors & Freelancers
Handles DD/MM/YYYY dates, single Amount column with category tags, invoice references, and running balance, and PDF, CSV formats automatically.
Convert Tide Statements Free