Bank statements
Statement PDFs turned into transactions.
When a client only has a PDF statement, FinAiQ reads it into dates, descriptions, debits, credits and running balances you can check against the original.
What gets read
Every transaction
Date, description, debit or credit, and the running balance.
Opening and closing balances
So you can see at a glance whether the statement adds up.
Kept per client
Statements live in the client's folder, apart from bills and sales invoices.
When this helps
Most Australian bank accounts reach Xero or QuickBooks through a bank feed. Statements still turn up as PDFs: for accounts without a feed, for periods before the feed started, or when a client sends last year's statements at tax time.
FinAiQ reads those PDFs so nobody has to type them in.
Try it with a statement.
Upload a PDF and check the transactions against it.