Published July 2026 by BalanceExtract Team
No bank exports directly to Tally XML — it's simply not one of the formats banks offer (CSV, Excel, OFX, QIF, and QBO cover almost everyone's native export list, but never Tally). For accountants working with Tally, that means either re-keying every transaction by hand or converting a bank statement into Tally's XML format first. This guide covers the second option.
Getting a bank statement into Tally without keying in every voucher by hand means converting it first, since no bank offers native Tally XML export. This converts any bank's PDF statement directly — named detection for 23+ major banks, plus a generic parser for any other text-based PDF. Import the resulting XML file straight into Tally via Gateway of Tally, Import Data, Vouchers.
No account needed for up to 6 pages.
Named detection recognizes 23+ major banks automatically; any other bank falls back to the generic layout parser.
Every row gets a confidence score, so anything worth double-checking is flagged before you export.
Import the resulting file into Tally via Gateway of Tally, Import Data, Vouchers.
| Element | What It Contains |
|---|---|
| VOUCHER | One per transaction — date, amount, and voucher type (Payment or Receipt) |
| LEDGERENTRIES | The debit/credit split against Bank and a matching ledger |
| NARRATION | The transaction description, with real XML special characters properly escaped |
Honest side-by-side write-ups, including where each of them is the better choice.