Why landlords need a converter
Rental bookkeeping is simple in theory and tedious in practice: rent comes in, expenses go out, and at year end every figure has to be sorted by property for the tax return. If you're working from PDF statements, that means hours of typing and a real risk of missing a deductible expense.
A bank statement converter reads your rental account statements and rebuilds every transaction as a clean row, so you can categorise rent and expenses, split them by property, and export to Excel or your accountant's software. It turns a year of statements into a Schedule E-ready spreadsheet in minutes.
What makes rental books a chore
Income mixed with expenses
Rent, deposits, repairs and mortgage all flow through one account and need separating.
Multiple properties
Several units, sometimes several accounts, all have to be reported separately.
Deductions slip through
A repair or fee buried in a statement is a deduction you'll miss if you don't capture every line.
Security deposits
Deposits held must be tracked distinctly from income so they don't inflate your taxable rent.
From rental statements to a clean spreadsheet
Upload your statements
Drop a year of rental account statements — any bank, scanned or digital — into the batch converter.
AI extracts every line
Rent, fees, repairs, mortgage and transfers are all read and signed correctly.
Validate the balance
Each file is balance-validated so no rent payment or expense is dropped.
Categorise & split
Tag rows by property and expense category in Excel for clean per-property totals.
Schedule E and owner reports the easy way
At tax time, rental income and expenses go on Schedule E (or your local equivalent), property by property. The hard part is never the form — it's assembling the numbers from a year of statements. With every transaction already in clean, categorised rows, you total income and each expense category per property in minutes.
Property managers face the same job for owner statements: a clear monthly picture of what came in, what was spent, and the net due to each owner. Converting the bank data is the fast path to those reports, and card spend on maintenance fits through the credit card statement converter.
Export to your tool of choice
Landlords keep books in everything from a spreadsheet to dedicated property software. Convert once and pick the output.
| You need… | Export | Why |
|---|---|---|
| Schedule E working paper | Excel (.xlsx) | Totals by property and category |
| QuickBooks | .QBO bank-feed file | No mapping, duplicate-safe |
| Xero | Xero CSV | Standard import columns |
| Property software | CSV | Universal import |
A whole year, every unit, at once
Got a year of statements across several accounts? Combine bank statements into one Excel consolidates up to 100 PDFs with duplicate detection and a source reference on every row, so a full portfolio becomes one tidy workbook ready to split by property.
Turn a year of rent into a clean spreadsheet
Convert rental statements, split income and expenses by property, and export a Schedule E-ready workbook or QBO file in minutes.