- What file formats does FinanceConvert support?
- FinanceConvert accepts PDF, OFX, QFX, QBO, QIF, IIF, and CSV as input formats. Output formats include CSV, XLSX (Excel), OFX, QBO, QIF, Tally XML, and PDF. Every conversion path is individually validated for correctness.
- Can I convert a PDF bank statement to CSV or Excel?
- Yes. FinanceConvert uses AI-assisted text extraction (GPT-4.1-mini) with a deterministic heuristic fallback to parse transactions from digital PDF bank statements. The output is a clean, structured CSV or XLSX with date, description, debit, credit, and balance columns.
- Which banks are supported?
- Any bank that exports OFX, QFX, QBO, QIF, IIF, or CSV files is supported — which includes Chase, Bank of America, Wells Fargo, Citi, Capital One, US Bank, and hundreds of international institutions. For PDFs, any digital statement with extractable text is supported.
- Is my financial data stored or shared?
- No. FinanceConvert processes files entirely in volatile server RAM. Your file is never written to disk, never stored in a database, and never shared with third parties. The moment you download your converted file, the in-memory data is wiped. No logs, no copies, no trace.
- What accounting software can I import into?
- Converted files work with QuickBooks (Desktop and Online), Xero, FreshBooks, Wave, Sage, Tally ERP 9, and any system that accepts CSV or OFX imports. Use the QBO format for QuickBooks, OFX for most other platforms, and Tally XML for Indian ERP systems.
- How many transactions can I convert in one file?
- There is no hard transaction limit. Files up to 10 MB are accepted per upload. Bank statements with thousands of rows convert in under a second for text formats. PDF extraction time scales with page count, typically 3–10 seconds for a 12-month statement.