Truist Statements + Property Managers Workflow
As property manager, you regularly handle Truist bank statements. Property managers handling rent collection, maintenance expenses, HOA dues, and owner distributions across multiple properties need meticulous bank reconciliation.
BankScan AI: Truist to Excel for Property Managers
BankScan AI converts Truist statements to Excel automatically — handling MM/DD and sectioned layout with Deposits and Credits, Checks Paid, and Other Withdrawals in separate sections with running daily balance. Convert property management bank statements to Excel to reconcile rent payments, track maintenance costs, and prepare owner distribution reports.
About Truist Statement Format
Truist statements combine the legacy BB&T and SunTrust formats. BankScan AI recognizes both heritage layouts and extracts transactions accurately.
Truist Statement Quirks
Truist uses MM/DD with sectioned layout with Deposits and Credits, Checks Paid, and Other Withdrawals in separate sections with running daily balance. Common issues: Legacy BB&T and SunTrust statement formats still appear for customers who have not yet been fully migrated, the merger created accounts with different numbering schemes, and Truist One checking reward entries use a unique format. BankScan AI handles all of these automatically.
How Property Managers Handle Truist Statements
When working with Truist statements, property managers need to Property managers collect rent from tenants via ACH or check, pay property owners their distributions after deducting management fees and expenses, coordinate maintenance vendor payments, handle secur
Key terms you'll encounter: owner distribution, CAM charges, security deposit trust, rent roll, vacancy loss.
How It Works
Upload Truist statement
Drag and drop your Truist PDF. Supports PDF. Our AI handles MM/DD automatically.
AI parses the statement
Our AI understands Truist's sectioned layout with Deposits and Credits, Checks Paid, and Other Withdrawals in separate sections with running daily balance and extracts every transaction with 99%+ accuracy.
Use in your property managers workflow
Download Excel ready for AppFolio, Buildium or direct analysis.
Truist + Property Managers Features
- Legacy BB&T and — SunTrust formatting may still appear depending on account migration status
- Truist One checking — tier benefits are summarised in the statement header
- Built for Property Managers — Saves 4-6 hours per week on rent collection reconciliation and owner distribution preparation for a property manager with 100+ units
- Software compatible — Output works directly with AppFolio, Buildium, QuickBooks
Convert Truist Statements — Built for Property Managers
Handles MM/DD dates, sectioned layout with Deposits and Credits, Checks Paid, and Other Withdrawals in separate sections with running daily balance, and PDF formats automatically.
Convert Truist Statements Free