/ BANK STATEMENT EXTRACTION

Any Bank. Any Format.

Upload any bank statement from your clients in Singapore or Malaysia. QBS reads the layout and extracts the transaction data automatically without needing a template or manual setup. Works with statements from all major local and regional banks.

From document upload to clean structured data

HOW IT WORKS

From Upload to Clean Data in Minutes.

01

Upload

Drop your bank statement PDF into the QBS folder in Google Drive.

02

QBS Reads

QBS identifies the bank layout and extracts every transaction row.

03

Verify

Each row is checked against the bank's own running balance logic.

04

Export

Download a clean file ready for Xero, AutoCount, or SQL Account.

/ UNIVERSAL EXTRACTION

No Templates. No Setup.

QBS adapts to any bank statement layout from the first upload. Digital PDFs, scanned images, and credit card statements all work without any configuration.

  • Local and regional bank statements in any layout
  • Scanned paper statements and phone photos
  • Credit card statements

Supported formats

DIGITAL PDF

Native digital bank statements

SCANNED IMAGE

Scanned paper or phone photos

CREDIT CARD

Credit card transaction files

QBS Universal Reader

Processes all formats above

MATH CHECK COLUMN

DateDescriptionAmountBalance
15/03GIRO - CPF-2,45018,550
16/03FAST PYMT-8,9009,650
17/03DEPOSIT+15,00024,650
18/03TRANSFER OUT-3,20021,450
19/03WIRE TRANSFER-5,00016,475Variance Found
20/03INTEREST CREDIT+2516,475

🛡 Real-time mathematical verification active

/ MATHEMATICAL VERIFICATION

Every Row Is Checked Against the Bank's Own Logic.

QBS does not just extract data. It recalculates the running balance on every row. Any row that does not add up is flagged in red before the file reaches your team.

  • Catches rounding errors and missing transactions
  • Flags discrepancies before they reach your ledger
  • Every flagged row is traceable back to the original document
  • Works on every bank format without configuration

/ INTELLIGENT RECONCILIATION

QBS Suggests. You Decide.

QBS finds the invoice or receipt that matches each bank line and presents it as a suggested match. Your team reviews it and confirms. The final judgement stays with your accountants.

  • QBS identifies the most likely matching document
  • Your team reviews and approves each suggestion
  • Approved matches are locked with an expert verified tag
  • Full traceability from bank line back to source document

RECON ASSISTANT

BEFORE REVIEW

15/03/2026

VENDOR A

$1,200.00

Invoice #4521

$1,200.00 · 14/03/2026

Awaiting verification

AFTER REVIEW

MATCHED
15/03/2026

VENDOR A

$1,200.00

Invoice #4521

$1,200.00 · 14/03/2026

✓ Expert verified

Your team makes the final call. Every time.

/ HOW QBS READS ANY STATEMENT

No Templates. No Bank List.

QBS does not rely on pre-built templates for specific banks. Whether your clients bank with local Singapore banks, Malaysian banks, or international institutions, QBS reads the document structure directly. If the statement has a date column, a description column, and an amount column, QBS can process it. This makes QBS the most practical bank statement extraction tool for accounting firms managing clients across Singapore and Malaysia.

DATE COLUMN

15/03/2026

QBS identifies the date column regardless of the format: DD/MM/YYYY, MM-DD-YY, or written out in full.

DESCRIPTION COLUMN

FAST PYMT - VENDOR A

Transaction descriptions are extracted as-is and matched to your chart of accounts automatically.

AMOUNT COLUMN

-8,900.00

Debit, credit, and running balance columns are all identified and extracted with the correct sign.

If your bank statement has a date column, a description column, and an amount column, QBS can read it.

Send Us Your Messiest Bank Statement.

We process it and send back a clean file. No cost. No commitment. Judge the output yourself.

Send Your First File