bankqbo is a Dext alternative that converts PDF bank statements into a .qbo file for QuickBooks Online and Desktop. No per-document credits, free to start.
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bankqbo is a Dext alternative built for one job: turning PDF bank and credit card statements into a real .qbo Web Connect file for QuickBooks Online and Desktop. There are no document allowances or extraction credits to burn, scanned and photographed statements are read out of the box, and a free plan lets you test the import before you pay. Dext, owned by IRIS Software Group, is still a strong pick if you also need to capture receipts, bills, and supplier invoices across a whole firm and publish them straight into QuickBooks Online.
Last updated July 2026. Dext pricing, plans, and bank statement extraction were verified against dext.com and current listings this month; confirm current rates before you buy.
Dext (formerly Receipt Bank) captures receipts, bills, sales invoices, and bank statements, then publishes the data into QuickBooks Online through its integration. That breadth is its strength for accounting firms processing every kind of document. The trade-off for bank statements is the model: each plan includes a set document allowance, and bank statement extraction draws on a separate credit pool, so a busy month of client statements can push you past the included limit and into paid top-ups. There is also no permanent free tier, only a 14-day trial. If your actual need is converting bank statements into QuickBooks, here is how a focused converter compares.
| Feature | bankqbo | Dext |
|---|---|---|
| Best for | Converting bank and credit card statements to QuickBooks | Full receipt, bill, and invoice capture for a whole firm |
| Bank statement pricing | Flat plan, free to start then $24/mo billed annually, no document or credit metering | Document allowance per plan plus extraction credits for bank statements (Business from about $25/mo) |
| Free plan | Yes, free to start | No, 14-day trial only |
| QuickBooks output | .qbo Web Connect for Online and Desktop, plus Excel and CSV | Publishes data directly into QuickBooks Online via integration |
| Scanned / photo statements | Built-in OCR | Built-in OCR |
| Totals reconciled before export | Yes, on screen | Manual review |
| Also captures receipts and invoices | No, statements only | Yes, receipts, bills, and invoices |
| Setup | Upload a PDF, nothing to connect | Connect accounting software and set publishing rules |
The honest summary: Dext is the better fit when you want one tool to capture receipts, bills, and invoices for many clients and publish them into QuickBooks Online, with bank feeds and dozens of integrations behind it. bankqbo is the better fit when the real job is bank and credit card statements, you want a portable .qbo file that also works with QuickBooks Desktop, and you would rather pay a flat rate than track document allowances and extraction credits. Both put clean transactions into QuickBooks; they just take different roads.
Built for the statements US banks actually send, checked before it exports.
The converter adds up the transactions it parsed and matches that to the statement total before you export, so nothing is silently dropped.
Valid OFX 1.02 with QuickBooks Web Connect headers. Online and Desktop import it as a standard bank feed.
OCR runs before parsing, so a scanned or photographed paper statement comes out the same as a digital PDF.
Bulk upload for catch-up and cleanup work. Each file gets its own reconciliation check and its own exports.
Enter the password on upload. Multi-column and multi-page statement layouts are parsed too.
One conversion, three files: the .qbo for QuickBooks, an XLSX to review, and a CSV for everything else.
Three steps. No column-mapping wizard.
Drag in a PDF, a scan, or a phone photo. Password-protected and multi-page files are fine.
Every transaction is extracted and checked against the statement total. You see the parsed rows before exporting.
Download the .qbo and import it as a Web Connect bank feed. Excel and CSV are in the same download.
The specifics that decide whether the import is clean. If your case is not here, email [email protected].
The best Dext alternative depends on the document you process most. For bank and credit card statements going into QuickBooks, bankqbo is the closest match because it outputs a reconciled .qbo file with no document allowance or per-page credits. If you need broad receipt and invoice capture like Dext, AutoEntry and Hubdoc are the nearest full-suite rivals, while DocuClipper is the cloud option built for very high statement volumes.
Dext's Business plans start at roughly $25 a month for around 250 documents and five users, with sliders to add more documents and users in-plan. Practice plans for firms are priced per client, starting near $18 a client a month on an annual commitment with a 10-client minimum. There is no permanent free version, only a 14-day trial. Prices change, so check dext.com for current figures before you subscribe.
Yes. Dext integrates with QuickBooks and publishes captured data, including bills, receipts, invoices, and bank statement lines, directly into QuickBooks Online. Its richest feature set is built for QuickBooks Online. bankqbo takes a different route: instead of a live integration, it hands you a .qbo Web Connect file you import yourself, which is why it works with QuickBooks Desktop as well as Online.
Yes, Dext can extract bank statement transactions and publish them to QuickBooks Online using its bank statement extraction feature, which draws on credits in your plan. It is one feature inside a broader capture platform rather than a dedicated converter. A purpose-built tool like bankqbo focuses only on statements, reconciles the totals on screen before export, and gives you a downloadable .qbo file for both QuickBooks Online and Desktop.
Dext and Hubdoc are both document capture suites: strong for receipts, bills, and supplier documents that publish into cloud accounting, priced by plan or bundled with Xero. bankqbo is a focused statement converter that turns PDF statements into a reconciled .qbo for QuickBooks Online and Desktop at a flat rate. Pick a capture suite if your documents are varied; pick the converter if the core task is bank statements into QuickBooks.
Yes. bankqbo has a free plan, while Dext offers only a 14-day trial with no permanent free tier. With bankqbo you can upload a statement, see the parsed and reconciled rows, and confirm the .qbo imports cleanly into QuickBooks before paying anything. That is a practical way to test output quality on your own statements without buying credits or connecting your accounting software first.
For statement work, usually yes. Dext's document allowances and extraction credits are sized for firms capturing many document types, so paying that for statements alone is often more than you need. bankqbo starts free and moves to a flat $24 a month billed annually with no document metering, so a heavy statement month does not spike the bill. If you also need receipt and invoice capture, factor that in, since bankqbo does statements only.
It depends on the workload. For a firm capturing receipts, bills, and invoices across many clients and publishing to QuickBooks Online, Dext's practice plans and per-client pricing fit that breadth. For catch-up and cleanup work that is mostly bank and credit card statements, bankqbo is faster and cheaper: bulk upload a year of statements, get a reconciled .qbo per file, and import into Online or Desktop without connecting each client's books.
Yes. bankqbo produces a valid .qbo Web Connect file that imports into both QuickBooks Online and QuickBooks Desktop. In Desktop you bring it in through File, Utilities, Import, Web Connect Files, exactly like a download from your bank. Each conversion also includes matching Excel and CSV copies in the same download for review or for another system.
Yes. bankqbo runs OCR before parsing, so scanned statements and phone photos are read line by line and come out the same as a digital PDF. Dext also uses OCR across its document types. The difference for statements is that bankqbo then checks the extracted totals against the statement, so a bad scan is flagged before you export rather than after it lands in QuickBooks.
Yes. bankqbo supports bulk upload, so catch-up and cleanup that spans twelve or more monthly statements can run in one batch. Each file gets its own reconciliation check and its own .qbo, Excel, and CSV output. That is a common reason firms reach for a dedicated converter during year-end cleanup or when onboarding a client whose books are months behind.
Upload a PDF, get a QuickBooks-ready .qbo back in seconds. No card to try it.
Convert your first statement in the tool at the top of this page. See the full bank statement to QuickBooks converter comparison, plus the AutoEntry alternative, DocuClipper alternative, MoneyThumb alternative, and ProperSoft alternative. Accountants running catch-up work should read bank statement to QuickBooks for accountants, and the PDF to QBO converter page covers the core conversion. Since Dext also captures receipts and bills, firms can pair it with tools for the rest of the stack: extract receipt and invoice data to Excel and CSV, automate the bill queue with accounts payable automation, or pull statement numbers into a spreadsheet with a bank statement to Excel converter.
Same converter, tuned for the layout each bank uses. Find yours:
For one bookkeeper running monthly close.
USD
per month
billed as
$288 yearly
Choose speed vs accuracy when extracting
| Base AI Faster | 2,500 pages |
| Pro AI Best accuracy | 500 pages |
For an accounting firm or finance team with steady volume. Adds QuickBooks .qbo export and bulk conversion.
USD
per month
billed as
$888 yearly
Choose speed vs accuracy when extracting
| Base AI Faster | 10,000 pages |
| Pro AI Best accuracy | 2,000 pages |
For lenders, audit firms and analysts running thousands of statements a month.
USD
per month
billed as
$ yearly
Choose speed vs accuracy when extracting
| Base AI Faster | pages |
| Pro AI Best accuracy | pages |