Free browser tool that turns text-based bank statement PDFs and CSVs into QuickBooks, Xero, QBO, OFX or QIF files, capped at 100 rows per file.
Starting price
Free
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Claim this listingWorth trying only if you occasionally need to pull a short bank or card statement into QuickBooks or Xero and want the file to stay on your own machine. For most Indian businesses the gaps are large: there is no Tally export, nothing has been tested on Indian bank statements, and the 100 row cap rules out a typical month of a current account.
Run one of your own statements through it and compare totals before relying on it. The OCR page of the same site says Xargaar Tools is built and operated by an autonomous AI agent, there are no terms and the only contact is a Gmail address, so treat it as an unsupported utility. Paid converters such as DocuClipper or the import tools inside your accounting software are the safer route for regular volume.
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In short
Xargaar Tools Statement Converter is listed under Finance & Accounting, reviewed for Indian buyers. FindThatSoftware rates it best for freelancers and landlords converting a short bank or card statement for QuickBooks or Xero; a poor fit for Indian businesses that keep books in Tally, since there is no Tally export.
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Statement Converter is one of the free browser tools published under the Xargaar Tools name on a Cloudflare Pages subdomain, with no company or person named behind it. It reads text-based bank statement PDFs, CSV or TSV files and exports QuickBooks CSV, Xero CSV, QBO, OFX, QIF or a clean CSV. Before download it shows every row with a running balance check, flags repeated rows and lets you flip signs or fix single rows, and the vendor says files never leave the browser. Scanned statements are not read directly; the vendor points to a separate OCR page and says it has tested only synthetic statements. The free export stops at the first 100 transactions per file and the page says no paid upgrade is offered.
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Against the 2 other document data extraction tools we list, from what we verified on each vendor’s own pages.
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