Wise Statements for Audit Preparation
Preparing Wise bank statements for audit preparation? Auditors need to verify bank balances and test transactions against financial statements. Getting bank data into a workable format is the first bottleneck.
Convert Wise Statements Instantly
BankScan AI converts your Wise statement PDF to a clean Excel spreadsheet in seconds — handling DD-MM-YYYY and multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance automatically. Convert bank statements to structured Excel files for audit testing, balance verification, and transaction sampling. Save hours of data preparation.
About Wise Statement Format
Wise multi-currency statements include transactions in multiple currencies with exchange rates. BankScan AI preserves currency codes, rates, and fee breakdowns.
Getting Your Wise Statement for Audit Preparation
In Wise, go to your account, click 'Statements', select the currency and date range, then choose PDF or CSV format. Each currency balance generates its own statement, so multi-currency users need to download statements per currency. Download Full financial year (12 months), plus confirmation of opening and closing balances for the period under audit of statements.
How It Works
Upload your Wise statement
Drop your Wise (formerly TransferWise) statement PDF. Supports PDF, CSV. Need Full financial year (12 months), plus confirmation of opening and closing balances for the period under audit? Upload them all.
AI extracts every transaction
Our AI handles Wise's DD-MM-YYYY and multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance — extracting Year-end bank balance for bank confirmation, large or unusua.
Use for audit preparation
Download formatted Excel ready for audit preparation. Transactions sorted chronologically with running balance, year-end closing balance matching the bank confirmation letter, amounts in audit sampling format
Wise + Audit Preparation Features
- Wise optimised — Handles DD-MM-YYYY dates and multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance
- Built for audit preparation — Convert bank statements to structured Excel files for audit testing, balance verification, and transaction sampling. Save hours of data preparation.
- Period coverage — Convert Full financial year (12 months), plus confirmation of opening and closing balances for the period under audit of Wise statements in minutes
Convert Wise for Audit Preparation — Fast
Statutory accounts must be filed within 9 months of year-end for private companies; audit fieldwork typically compressed into 2-4 weeks
Convert Wise Statement Free