How to Generate Profit & Loss Reports from Bank Statements

Transform your bank statement transactions into professional P&L reports with automatic categorization. Available on the Plus plan and above.

Automatic Categorization
Custom Templates
Excel Export

PDF, JPG, PNG, BMP, HEIC, TIFF, MT940, BAI2, NACHA, camt.053, CSV

Upload your bank statement

Extract:
Convert bank statement →

Why Creating P&L from Bank Statements is Challenging

Manually categorizing transactions and calculating totals is time-consuming and error-prone.

Manual Categorization

Sorting through hundreds of transactions and manually assigning categories takes hours of tedious work.

Calculation Errors

Adding up totals manually leads to mistakes that can affect your financial reporting accuracy.

Inconsistent Categories

Without a system, similar transactions may be categorized differently each time.

Time-Consuming Process

Creating P&L reports from raw bank data can take days for a single reporting period.

Automatic P&L Generation with BankXLSX

Our Reports feature automatically categorizes your transactions and generates professional Profit & Loss statements in seconds.

Smart Categorization

AI-powered keyword matching automatically sorts transactions into income and expense categories.

Custom Templates

Create your own categorization rules with custom keywords to match your business needs.

Professional Excel Export

Download formatted P&L statements ready for accounting, bookkeeping, or tax preparation.

Instant Results

Generate complete P&L reports in seconds, not hours or days.

Generate Your P&L Report Step by Step

1

Upload Your Bank Statement

Go to Statements and upload your PDF bank statement. Our AI will automatically extract all transactions with dates, descriptions, and amounts.

2

Wait for Extraction to Complete

The extraction process takes a few seconds to a few minutes depending on the number of pages. You'll see a "Completed" status when ready.

3

Go to Reports

Click on "Reports" in the sidebar menu. You'll see your Report Templates and a list of extracted statements.

4

Select a Template (Optional)

Choose the Default P&L Template or create your own custom template with specific categories and keywords for your business.

5

Click Generate P&L

Find your statement in the list and click "Generate P&L". The report will be generated and downloaded as an Excel file.

6

Review Your Report

Open the Excel file to see your P&L statement with Revenue, Expenses, and Net Income automatically calculated and formatted.

Frequently Asked Questions

P&L report generation is available on the Plus plan and above, which covers Plus, Pro, and Enterprise. You can upgrade from the Pricing page.

Yes. Click "New Template" or "Copy & Edit" on the default template to create your own categories with custom keywords.

Transactions are matched against keywords you define. For example, adding "uber, lyft, taxi" to a "Travel" category will automatically categorize those transactions.

Reports are downloaded as Excel (.xlsx) files with professional formatting including totals, subtotals, and color-coded net income.

Yes, you can upload and extract multiple bank statements, then generate P&L reports for each one individually.

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