Wise Statements + CPAs (Certified Public Accountants) Workflow
As cpa, you regularly handle Wise bank statements. CPAs managing multiple client engagements need to process bank statements from dozens of different US banks for tax preparation, audit support, and financial reviews.
BankScan AI: Wise to Excel for CPAs (Certified Public Accountants)
BankScan AI converts Wise statements to Excel automatically — handling DD-MM-YYYY and multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance. BankScan AI converts any US bank statement PDF to Excel instantly — supporting Chase, Bank of America, Wells Fargo, Citi, and 30+ US banks for seamless client work.
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.
Wise Statement Quirks
Wise uses DD-MM-YYYY with multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance. Common issues: Multi-currency accounts generate separate sections per currency that can fragment during parsing, transfer fee breakdowns add extra rows between transactions, and the mid-market exchange rate details create additional text within each transfer entry. BankScan AI handles all of these automatically.
How CPAs (Certified Public Accountants) Handle Wise Statements
When working with Wise statements, cpas (certified public accountants) need to CPAs receive client bank statements for tax return preparation, financial statement compilation and review, and audit procedures. They reconcile bank balances to general ledger accounts, trace transac
Key terms you'll encounter: bank confirmation, reconciling items, substantive testing, adjusted trial balance, workpaper.
How It Works
Upload Wise statement
Drag and drop your Wise PDF. Supports PDF, CSV. Our AI handles DD-MM-YYYY automatically.
AI parses the statement
Our AI understands Wise's multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance and extracts every transaction with 99%+ accuracy.
Use in your cpas (certified public accountants) workflow
Download Excel ready for QuickBooks Online, Sage Intacct or direct analysis.
Wise + CPAs (Certified Public Accountants) Features
- Each transfer shows — the mid-market exchange rate used alongside the fee charged
- Multi-currency balances generate — independent statement sections per currency
- Built for CPAs (Certified Public Accountants) — Saves an average of 30 minutes per client per engagement on bank statement data entry, or 10+ hours per week during busy season for a firm with 200+ clients
- Software compatible — Output works directly with QuickBooks Online, Sage Intacct, CCH Axcess
Convert Wise Statements — Built for CPAs (Certified Public Accountants)
Handles DD-MM-YYYY dates, multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance, and PDF, CSV formats automatically.
Convert Wise Statements Free