Take a look at a lengthy bank account statement and you’ll usually find many more pages than a transaction ledger. Account summaries, explanations, notices and disclosures could be a part of the essential information that a bookkeeper needs.

If the objective is to put transaction information to a spreadsheet or a accounting system, the entire process could be unneeded. Before creating the output, you must determine the most valuable pages.

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It’s not a sign of more data.

Take a look at the business’s review of its banking operations over a period of months. The monthly PDFs can contain up to 10 pages but only a tiny portion of the document contains the necessary transaction tables for accounting.

The manual copying of tables could be an option however it is time-consuming and prone to typos. Businesses can instead convert bank statements to Excel while limiting the conversion to relevant pages.

Docubrew has a page preview that lets users review the PDF before deciding on which pages are processed. You can remove cover sheets, disclosures, or other pages you do not require.

You’re in more control when you preview the first time

Automated systems perform best when they are controlled by the user.

Docubrew lets users preview the statement pages prior to finalizing the conversion. The program extracts data from the source statement rather than estimating financial values.

When you convert a bank statement into Excel it gives the user an opportunity to ensure the right pages are selected. You can also review the extracted details prior to downloading the final product.

It’s an easy checkpoint however, it’s an essential one when financial records are involved.

The Export’s Shape should be determined by the Destination

What do you have in mind for the sale?

Excel excel is a great tool for bookkeepers that need to sort or inspect information. CSV could be a good alternative if you’re planning to transfer data to a different system. Docubrew is also able to output QBO.

Anyone who wants to convert a bank statements into CSV, for example one can create CSV instead of creating a CSV instead of creating an Excel workbook first and manually changing formats afterward.

Docubrew’s output has been designed for use with accounting platforms such as QuickBooks, Xero, and FreshBooks along with spreadsheet-based workflows.

Scanned paper statements can be added to the same workflow.

PDFs created digitally aren’t the only PDFs that can be transformed.

Some companies may have old statements accessible only in paper scans. Docubrew can support OCR for scans of PDF documents to ensure that these documents are able to be processed as well.

It can be extremely useful for working on accounting historical projects, where some records have been digitized while others were scanned directly from paper. Instead of creating two separate processes, documents can be processed using the same general conversion and examined before exporting.

Processing Locally or in the Cloud

The final output of financial documents is as important as how they are handled.

Docubrew’s Windows Desktop application converts documents locally on the client’s system. For those who prefer using a browser cloud processing, the cloud option protects uploaded documents and, according to Docubrew will automatically delete the uploaded and converted files within 24 hours.

The last step in converting the bank statement as PDF to Excel isn’t to put every page into the tool and hope for a beneficial output.

Begin by reviewing those pages that have the information that you need. Check what is being extracted. Select the appropriate format for the next accounting task.

Sometimes a more efficient financial workflow does not begin by processing more than it is by consciously processing less.