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Convert Bank Statements to Excel, Xero, or QuickBooks in Seconds

Upload any PDF bank statement from any bank or country. Tofu's AI extracts every transaction and exports directly to Excel, CSV, Xero, or QuickBooks. No templates. No page limits. No manual re-keying. What took 3 days now takes 5 minutes.
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Bank Statement Processing Shouldn't Take Days

You're paid to advise clients, not re-key transactions. But chances are, you're stuck dealing with problems like:

Re-keying is eating your hours

Open PDF. Type date. Type description. Type amount. Repeat 200 times per statement. Per client.
"50 pages of PDF bank statement... gonna take like two days or three days." — Accounting Firm, Papua New Guinea

Conversion tools that nickel-and-dime you

Pay per page. Hit the limit. Pay again. Watch it choke on a 50-page statement. Still end up copying to Excel.
"I bought 500 pages for... just to convert PDF into Excel."

Every bank is a different format

New bank = new template. Format changes = broken extraction. Regional banks? Not supported.
"BSP has got a very peculiar format which is not suitable for QuickBooks."

No native bank feeds in your market

Xero and QuickBooks don't connect to your local banks. No automatic import. No bank feed. Your only option is manual entry or reject the client.
"We do the reconciliations manually... They get the bank statement and check each one." — Accounting Firm, East Africa

Any Bank. Any Format. Any Length. Exported to Excel or Your Accounting Software in Seconds.

Extract Bank Statements Faster, With Less Effort

See how Tofu solves the problems you face every day

Any bank, no templates

Whether it's Maybank, DBS, Standard Chartered, or a local credit union — upload the PDF and Tofu converts your bank statement to Excel or pushes directly to your accounting software. AI adapts to any bank format automatically. Zero setup.
"If I can get them in less than five minutes... isn't it amazing?" — Accounting Firm, Namibia

No page limits

Upload statements of any length. Tofu has been tested on 1,000+ page statements. No splitting, no extra charges. The same flat monthly fee whether it's 10 pages or 1,000.
"Two and a half to two full weeks, eight hours a day, depending on how manual." — Accounting Firm, Namibia

Direct export to Xero/QBO

Export bank statement data directly to Xero, QuickBooks, Zoho, MYOB, or download as Excel or CSV. No copy-paste intermediary. Transactions land in your accounting software categorized and ready to reconcile.
"Really I'm proud to see this technology linking with QuickBooks." — Accounting Firm, Iraq

Clean transactions only

Tofu's AI intelligently separates real transactions from running balances, subtotals, headers, and cover pages — so your Excel export or accounting software only gets clean, reconciliation-ready data.
"I love it." — Accounting Firm, Namibia

Bank Statement Extraction in 4 Simple Steps

No templates or format settings. Drop any bank statement and Tofu handles the rest, from extraction to Xero, QuickBooks, or CSV.

Step 1: Upload

Drop any bank statement PDF into Tofu. Any bank, any country, any length. No templates to configure, no format settings to adjust. Just drag and drop.

Step 2: Extract

Tofu reads every transaction on the statement and pulls out the date, description, amount, and debit or credit classification. Headers, subtotals, and page footers are filtered out automatically.

Step 3: Review

Click any extracted field and the document zooms to the exact spot where that data was found. Verify in seconds, not minutes. Fix anything the AI missed and it learns for next time.

Step 4: Export

One click to push transactions into Xero, QuickBooks, or Zoho. Or download as Excel or CSV in the format your accounting software expects. Done.

What makes Tofu different

Feature Manual Entry PDF Converters Tofu
Setup time None (you're typing) Template per bank Zero — AI adapts
Page limits Your patience 50–100 typical 1,000+ pages
Processing time 3–4 hours per statement Minutes + cleanup Seconds
Bank coverage Any (you're typing) Major banks only Any bank, any country
Output format Into accounting software Excel (then copy-paste) Direct to Xero/QBO/CSV
Cleanup required You do it right Delete summary rows Auto-excluded
Cost model Staff time Per page / per conversion Flat monthly fee

Bank Statement Extraction FAQs

Can’t find the answer you’re looking for? Please contact our team.
How do I convert a bank statement PDF to Excel?

Upload your bank statement PDF to Tofu. It automatically extracts every transaction, including date, description, amount, and debit or credit classification, then exports to Excel, CSV, Xero, or QuickBooks. No manual data entry required.

What bank formats does Tofu support?

Any bank, any country. Tofu has processed statements from Maybank, DBS, Standard Chartered, ABSA, Equity Bank, BPI, and hundreds more. No templates or format configuration needed. Just upload and Tofu figures out the structure automatically.

Can Tofu handle multi page bank statements?

Yes. Tofu processes statements up to 1,000+ pages as a single upload. A 50 page statement takes seconds, not days. There are no page limits on any plan.

Does Tofu extract individual transactions or just totals?

Every individual transaction. Tofu extracts the date, description, amount, and debit or credit classification for each line. It also filters out headers, subtotals, page footers, and balance rows automatically so you get clean transaction data only.

Can I export bank statement data to Xero or QuickBooks?

Yes. Export directly to Xero, QuickBooks Online, or Zoho Books. You can also download as Excel or CSV in formats compatible with MYOB, Sage, and other accounting software.

How accurate is Tofu's bank statement extraction?

Tofu uses a multi stage AI pipeline that combines OCR with large language model interpretation. For most bank statement formats, extraction accuracy exceeds 95%. The review interface lets you click any field to see exactly where on the document the data was read from, so verification takes seconds.

How much does it cost to convert bank statements with Tofu?

Bank statement processing is included in all Tofu plans starting at $79 per month. There are no per document fees, no per page charges, and no limits on how many statements you process. Unlimited users are included on every plan.

How does Tofu compare to converting bank statements manually?

A 50 page bank statement typically takes two to three days to process manually. With Tofu, the same statement is extracted in under five minutes. That means a task that used to take your team an entire week can be completed before your morning coffee gets cold. Tofu also eliminates transcription errors that come with manual retyping.

How Bookkeepers Like You Use Tofu

Trusted by thousands of bookkeepers and accounting firms across 30+ countries.

"With Tofu, they can save more time and go back on time. No need to always spend overtime just to close the bookkeeping."

Michelle Seet
Assistant Director
,
Cheng & Co

"When there's a bookkeeping task, we ask ourselves: 'Can you Tofu it?' If you can, please just load it in. Don't think."

Photo of Lucas Seah, CEO at Excellence Singapore
Lucas Seah
CEO
,
Excellence Singapore

"Instead of typing all day, our staff is now thinking about compliance, audits, and how to advise clients properly."

Photo of Iqbal Rahman, Director at Arass Consultants
Iqbal Rahman
Director
,
Arass Consultants

"One of the few apps which totally addresses problems faced by bookkeepers. Very practical for day to day work."

Photo of Ahmad Shahid Aminul Rashid, Business Development Supervisor at Accounting Superhero
Ahmad Shahid Aminul Rashid
Business Development Supervisor
,
Accounting Superhero

We have found Tofu to be highly beneficial for our bookkeeping processes, as it significantly enhances both efficiency and overall effectiveness.

Photo of Shairas Ahamed, Manager Accounts & Operations at Kloudac
Shairas Ahamed
Manager Accounts & Operations
,
Kloudac

"We have been using Tofu for a few months now, and we are very happy with the support provided by the team. It has significantly helped us improve both the quality and efficiency of our bookkeeping."

Photo of Shinas ASM, Founder & CEO at Kloudac
Shinas ASM
Founder & CEO
,
Kloudac

"I’ve recently implemented Tofu for our invoice processing workflow, and it has quickly proven to be one of the most efficient automation tools we’ve added to our Xero stack.

The setup was incredibly fast, and the interface is clean, intuitive, and easy for the team to adopt."

Photo of Ian Pang, Managing Director at Aggregate Consultancy Services
Ian Pang
Managing Director
,
Aggregate Consultancy Services

“Before using Tofu, it would take me between 3 to 4 hours to input and review a client’s invoices. With Tofu, I can now complete the process in just 30 to 60 minutes, saving me a significant amount of time.”

Photo of Tammy Tan, Bookkeeper at Klozer
Tammy Tan
Bookkeeper
,
Klozer

“Tofu made me a fan! An actual AI-first, automated process with hassle-free setup. One of the smartest teams behind the product. Highly recommended.”

Photo of Valerie Wong, CIO at CAP Advisory Group
Valerie Wong
CIO
,
CAP Advisory Group
"The upload-and-split workflow is so intuitive that our accountants processed the first batch of invoices in minutes. Tofu's extraction was spot-on—no more side-by-side typing. If this accuracy holds as volumes grow, we'll onboard new clients without adding head-count."
Photo of Tengku Adibah T. Kamarudin, Director at Accounting Superhero
Tengku Adibah T. Kamarudin
Director
,
Accounting Superhero
"The integration is straightforward and works great—my team picked it up almost instantly. Being able to hover every field back to the source means no more side-by-side PDFs. If Tofu can keep this accuracy at scale, we can grow our bookkeeping revenue without adding head-count."
Photo of Aloysius Cheah, Operations Manager at YTK
Aloysius Cheah
Operations Manager
,
YTK
"Tofu's multilingual AI and simple UI could half our bookkeeping workload — we're excited for it."
Photo of Wincent Low, Director at Klozer
Wincent Low
Director
,
Klozer
"Tofu definitely saves our bookkeeper's time and it is easy to use. Tofu is a pivotal step for our digital transformation."
Photo of Kosuke Hiura, Partner at GoGlobal
Kosuke Hiura
Partner
,
Phoenix Accounting Group
"Tofu cuts our invoice time nearly in half and nailed the translations—the learning curve is small compared with the payoff."
Photo of Leh Choon Wong, Head of GBS at GoGlobal
Leh Choon Wong
Head of GBS
,
GoGlobal

Upload Your Messiest Bank Statement.

Any bank, any format, up to 1,000+ pages. Exports to Excel, Xero, QuickBooks, and CSV.