Xero + Annual Company Accounts: Complete Workflow
Preparing for annual company accounts and using Xero? Preparing annual accounts for Companies House requires reconciling a full year of bank transactions. Many small companies still rely on PDF statements from their bank. BankScan AI bridges the gap between your bank's PDF statements and Xero's import feature.
BankScan AI → Xero for Annual Company Accounts
Convert bank statement PDFs to CSV formatted for Xero import. Convert your full year of bank statements to Excel for fast reconciliation, trial balance preparation, and Companies House filing.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload Full financial year (12 months), aligned to the company's accounting reference date of statements.
AI formats for Xero
Output as CSV with Date, Description, Amount (single column, negative for debits) — or Date, Description, Debit, Credit as separate columns — dates in DD/MM/YYYY or YYYY-MM-DD.
Import and use for annual company accounts
Upload into Xero and use the reconciled data for annual company accounts.
Supported Banks
BankScan AI works with all major UK and US banks, including:
Xero + Annual Company Accounts Features
- Xero ready — Output formatted as CSV matching Xero's expected column structure
- Smart integration — Xero's bank feed rules can auto-categorise imported transactions, so once you've set up rules, future imports from the same bank are largely automated.
- Built for Annual Company Accounts — Convert your full year of bank statements to Excel for fast reconciliation, trial balance preparation, and Companies House filing.
Import for Annual Company Accounts into Xero
After converting your bank statements for annual company accounts:
- In Xero, go to Accounting > Bank accounts > select your account > Import a Statement
- Choose the CSV file from BankScan AI
- Xero auto-maps the Date, Description, and Amount columns
Common Import Issues
Most common error is date format mismatch — Xero rejects MM/DD/YYYY dates. Also watch for CSV encoding issues with special characters in payee names.
Xero Import for Annual Company Accounts
Accounts must be filed within 9 months of the accounting year-end for private companies; late filing penalties start at 150 GBP and escalate to 1,500 GBP
Convert for Xero + Annual Company Accounts