ClearlyLedger
PDF bank statement to Excel/CSV converter with balance verification on every export
About ClearlyLedger
ClearlyLedger pulls transaction data out of PDF bank statements and delivers structured Excel or CSV files, with one hard requirement before the download unlocks: the converted totals must match the statement's opening balance, closing balance, credits, and debits. That verification step catches the most common failure mode in PDF conversion — a page that didn't parse cleanly — before the bad data reaches your books rather than after. It fits solo bookkeepers and small firms running multi-bank reconciliation who want a dedicated converter rather than a module buried inside a larger document-processing platform like DocuClipper or AutoEntry. The stated bank coverage is 350+ institutions across 50+ countries, which extends the tool's usefulness beyond UK and US domestic-only converters. PDFs are processed in memory and deleted immediately after export, which satisfies most firm-level data retention policies without requiring a vendor DPA negotiation. The workflow stops at Excel or CSV — there is no direct push to QuickBooks, Xero, or any general ledger, so every job ends with a manual import step. Paid pricing is not published anywhere on the marketing site, which makes procurement sign-off harder than it needs to be. Third-party accuracy benchmarks are thin compared to established competitors, so test it against your most difficult bank format before committing client work to it.
Best for
Solo bookkeepers and small firms handling multi-bank reconciliation who need a privacy-respecting PDF-to-Excel converter without committing to an enterprise document-processing platform.
Pros & Cons
Pros
- Balance verification against opening balance, credits, debits, and closing balance runs on every export — not as an optional check
- PDFs are deleted from memory immediately after download, no stored retention, which matters under client confidentiality obligations
- First conversion is free with no account creation, giving you a real test against your own bank's PDF format before paying
- 350+ bank coverage across 50+ countries is broader than most converters that focus exclusively on UK or US statement formats
- Dedicated converter with no upsell to a wider document-processing suite — the tool does one job and is priced around that job
- Catches multi-page parsing failures before they corrupt reconciliation, not after you've already posted transactions
Cons
- Paid pricing is invisible on the marketing site — you cannot get a per-conversion or tier cost without going through the product itself
- No direct integration with QuickBooks, Xero, or any accounting software — every job ends with export-then-import
- Newer entrant with no published accuracy benchmarks; DocuClipper and AutoEntry have more documented track records across edge-case statement formats
- No advertised API or batch processing for firms handling high monthly statement volumes across many clients
- Limited independent reviews make it difficult to assess real-world failure rates on non-standard or scanned PDF statements
Ledger Brief Take
Tackles the specific pain point of PDF bank statement extraction with built-in balance verification that catches parsing errors before they corrupt your reconciliation workflow. The 350+ bank coverage and zero data retention approach positions this as a privacy-conscious alternative to enterprise document processors, though you're still looking at an export-then-import workflow rather than direct accounting software integration.
Frequently Asked Questions
Common questions accountants ask about ClearlyLedger.
What does ClearlyLedger cost?
Paid pricing is not published on the ClearlyLedger website. The first conversion is free with no account required. To see tier pricing or per-conversion costs, you need to interact with the product directly. If procurement transparency is a requirement at your firm, factor in that you cannot get a quote from the marketing site alone.
Does ClearlyLedger integrate with QuickBooks or Xero?
No. ClearlyLedger exports to Excel or CSV only. There is no advertised direct push to QuickBooks, Xero, FreshBooks, or any other accounting platform. The workflow is: convert PDF, download file, import manually into your ledger. That adds a step compared to tools with native accounting software connectors.
How does ClearlyLedger handle data privacy for client bank statements?
PDFs are processed in memory and deleted as soon as the export is ready. There is no stored retention. For most firm-level data policies covering client financial documents, this approach reduces the risk surface compared to platforms that retain uploaded documents. No vendor DPA is advertised, which is worth checking if your firm requires one.
How does ClearlyLedger compare to DocuClipper or AutoEntry?
DocuClipper and AutoEntry have longer track records, published accuracy benchmarks, and direct accounting software integrations. ClearlyLedger's differentiator is the mandatory balance verification on every export and its zero-retention privacy posture. It fits firms that want a lean, dedicated converter rather than a full document-processing platform, but it lacks the third-party validation the established competitors carry.
Which banks and countries does ClearlyLedger support?
ClearlyLedger claims coverage of over 350 banks across more than 50 countries. That is broader than most converters built around UK or US statement formats only. Coverage claims are self-reported, so test your specific bank's PDF format using the free first conversion before committing recurring work to the tool.
What happens if a PDF statement does not convert correctly?
ClearlyLedger's balance verification checks every export against the statement's opening balance, closing balance, total credits, and total debits. If the numbers do not reconcile, the download does not proceed. This catches incomplete page parses before bad data reaches your books. It does not fix the underlying parsing failure, but it prevents silent errors.