How to Extract Data from a Bank Statement
Bank statements show all the money going in and out of a bank account over a certain time period. They have detailed info about transactions for people and businesses.
Getting Data from Bank Statement PDFs
Konbert is really good at handling bank statement PDFs. We can accurately pull out and organize data from many different bank statement formats. This makes it much easier to analyze and manage your financial information.
Here are some things our bank statement extraction can do:
- Accurately identify transaction details like dates, descriptions, and amounts
- Smartly categorize income and expenses
- Pull out account summaries, including starting and ending balances
- Handle multiple account statements in one PDF
- Work with different statement layouts from various banks
People often use bank statement conversion for:
- Managing personal finances and budgeting
- Tracking expenses for taxes
- Financial analysis for small businesses and freelancers
- Automating bookkeeping and accounting
- Preparing financial reports for loans or mortgages
By changing your bank statement PDFs into easier formats like CSV or Excel, you can quickly bring your financial data into accounting software or personal finance tools for more analysis and management.