99%+Accuracy
30sPer Statement
40+Banks Supported
FreeTier Available
Tide → OFX for Construction Companies
As construction business, you need Tide bank statements in OFX format. Tide business account statements include invoice references and categories that BankScan AI maps to your bookkeeping codes. BankScan AI handles the conversion — DD/MM/YYYY, single Amount column with category tags, invoice references, and running balance, and all.
How It Works
1
Upload Tide PDF
Drop your Tide statement PDF. Supports PDF, CSV.
2
AI converts to OFX
Parses Tide's DD/MM/YYYY, extracts all transactions, outputs OFX (.ofx).
3
Use in your construction companies work
Download and use with Sage 50, Xero. Convert your bank statements to Excel to quickly match CIS payments, subcontractor invoices, and material costs for VAT returns and CIS submissions.
Tide + OFX + Construction Companies
- Tide expertise — Handles DD/MM/YYYY and single Amount column with category tags, invoice references, and running balance
- OFX output — Accounting software treats OFX imports like a native bank feed — transactions appear in the bank reconciliation screen ready for matching, rather than requiring manual column mapping.
- Built for construction companies — Saves 3-5 hours per month on CIS payment matching and subcontractor reconciliation, reducing errors that can trigger HMRC penalties
Tide to OFX — For Construction Companies
Handles DD/MM/YYYY, outputs perfect OFX. Free tier available.
Convert Tide to OFX FreeFrequently Asked Questions
Can I convert Tide to OFX?
Yes. BankScan AI converts Tide PDFs to OFX with DD/MM/YYYY and all transaction details preserved. BankScan AI generates OFX 2.2 compliant files with proper BANKACCTFROM headers, STMTTRN transaction records, and FITID unique identifiers for each transaction to prevent duplicates on re-import.
Is OFX right for construction companies?
Direct import into QuickBooks Desktop, Microsoft Money, GnuCash, and other personal finance applications that accept OFX bank feeds Construction Companies particularly benefit from Accounting software treats OFX imports like a native bank feed — transactions appear in the bank reconciliation screen ready for matching, rather than requiring manual column mapping..
How accurate is the conversion?
BankScan AI achieves 99%+ accuracy on Tide statements, handling 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 automatically.