Bank Parser
Bank Parser is a data extraction tool that converts bank statement PDFs into structured, QuickBooks-ready Excel spreadsheets. It automates the manual process of re-typing transaction data from PDF bank statements, eliminating hours of data entry for accounting professionals. Bank Parser supports four major US banks: Chase, Bank of America, Wells Fargo, and Capital One. It handles both checking and savings account statements as well as credit card statements from all four banks. Statement formats from 2009 through 2025 are supported, covering multiple format changes each bank has made over the years. Each converted Excel file contains 17 structured fields per transaction: transaction date, transaction type (credit or debit), amount, original description, balance after transaction, counterparty name, payment code (ACH, Wire, Check, Card, Zelle, or ATM), IRS Schedule C category, QuickBooks-compatible subcategory, transaction channel (Online, Branch, ATM, or Mobile), normalized description, tax ID or EIN, merchant ID, transaction ID, source bank name, account type, and account number. Key features include: - Automatic balance verification that reconciles beginning and ending balances to ensure no transactions are missed or duplicated - Multi-account detection that automatically identifies and splits combined statements containing multiple accounts - Duplicate transaction prevention that flags previously processed statements - Credit card statement support with transaction summaries including fees, interest, and payment breakdowns - Email delivery of converted Excel files directly to the user or their client - QuickBooks integration through OAuth for direct transaction push Bank Parser processes statements through a secure async queue. Users upload a PDF, the system detects the bank automatically, extracts and structures all transactions, verifies balances, and delivers a formatted Excel file. The entire process typically takes seconds per statement. Target users include bookkeepers managing multiple clients, CPAs handling catch-up bookkeeping, small business owners importing historical records, and Amazon sellers reconciling bank activity. The pay-as-you-go pricing model charges per transaction processed, starting with a free trial of 200 operations. Volume pricing is available for firms processing thousands of transactions monthly.
Average Rating: 4.5/5.0
Total Reviews: 1
How Do G2 Users Rate Bank Parser?
- Has the product been a good partner in doing business?: 10.0/10 (Category avg: 9.1/10)
- Data Structuring: 10.0/10 (Category avg: 9.1/10)
Who Is the Company Behind Bank Parser?
- Seller: Bank Parser
- HQ Location: N/A
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LinkedIn® Page: www.linkedin.com
1 employees on LinkedIn®
Who Uses This Product?
- Company Size: 100% Small
What Are Recent G2 Reviews of Bank Parser?
"Finally, a bank statement converter that actually works"
Rating: 4.5/5.0 stars
— Baurzhan Z.
