For accountants and bookkeepers
Statements to a ledger that ties out.
Upload a client's bank statements from any bank. Every line is read, every statement is checked against the bank's printed balances, and the ledger downloads to Excel or CSV.
First 10 statements free. No card.
What you get
A ledger you don't have to rebuild
Balances that tie out
Opening balance plus credits minus debits, checked against the closing balance the bank printed.
Excel and CSV export
Every transaction with date, counterparty, debit, credit, balance, labels, account, file and page.
Gaps in coverage
Covered days for each month, so you know which statement to ask the client for.
Line-item labels
Every transaction labelled, from processor deposits to MCA debits and NSFs. Relabel in bulk and every figure recalculates.
Also in every file
- Any bank, no retypingPDF, CSV and Excel statements from any bank, up to 20 pages and 5 MB a file. Several accounts and months go into one analysis, and a statement uploaded twice is counted once.
- Signs a statement was editedEvery PDF's metadata is checked on upload, so a statement made in a PDF editor or saved again after the bank's export is flagged.
One statement, checked
What Underly checks on every statement
Fernhill Bank, June 2026
Business checking ····2210
| Date | Description | Amount | Balance |
|---|---|---|---|
| 1Jun 1 | Opening balance | 14,200.00 | |
| 2Jun 1 | MERCHANT DEPOSIT BATCH 0118 | 3,104.20 | 17,304.20 |
| 2Jun 2 | ONLINE TRANSFER TO SAV 3310 | −1,500.00 | 15,804.20 |
| Jun 3 | COMCAST BUSINESS 7741 | −312.48 | 15,491.72 |
| 164 more lines, Jun 4 to Jun 30 | |||
| 3Jun 30 | Closing balance | 17,420.00 | |
1Opening balance from the statement
$14,200.00, read from the balance the bank printed, not typed in.
2Each line labelled
The processor deposit and the transfer to savings get their own labels, and you can change any of them.
3Ties to the printed closing balance
$14,200.00 plus $96,118.40 in, minus $92,898.40 out, gives the $17,420.00 the bank printed.
How it works
From PDF to spreadsheet in three steps
- 1
Upload the statements
PDF, CSV or Excel from any bank, for one account or several.
- 2
Check the read
See which statements tie to their printed balances, which days are missing and how each line is labelled.
- 3
Export
Download every transaction as CSV, or the Excel workbook with the months and transactions.
Pricing
Try it free on your own statements
10 statements free, no card. Then from $149 a month, with every feature and your whole team.
Underly
$149/month
$1.49 a statement
- 100 statements a month
- Every feature
- Your whole team
Need more than 750 statements a month? Contact us
FAQ
Accountant questions
Which files can I upload?
PDF, CSV and Excel statements from any bank, up to 20 pages and 5 MB a file, in US dollars or pounds sterling.
How is a statement checked?
Its lines are added up from the printed opening balance and compared with the printed closing balance. A statement that ties out shows as reconciling, one that doesn't is marked, and one without printed balances says so.
What if a statement doesn't reconcile?
It's marked as not reconciling, so you see it before you rely on the figures. Every line keeps the page it came from, so you can check it against the PDF.
What's in the export?
The CSV has every transaction with its date, description, counterparty, debit, credit, balance, labels, account, file and page. The Excel workbook adds a summary and month-by-month figures.
Does it connect to QuickBooks or Xero?
No. Download the CSV or Excel file and bring it into your own software.
Who can see my clients' statements?
Only members of your organization. Statements are encrypted in transit and at rest and never used to train AI models.
Run your next statements through Underly
The first 10 statements are free. No card.