Do I need a different product for each conversion?

Not here. One converter reads QBO, OFX, QFX, QIF, IIF, MT940 and CSV, and writes CSV, Excel, QBO, OFX, QIF, IIF and Tally XML. ProperSoft's model is a separate named application per conversion pair — CSV2QBO, Bank2CSV, CSV2CSV and so on.

Can I convert PDF bank statements too?

Yes, and this is the main functional difference. ProperSoft's converters work on structured financial files. BalanceExtract reads those same formats and also parses PDF statements directly, including scanned ones via OCR.

Is there a trial limit on the number of transactions?

No. The free tier is limited by pages, not rows — 6 pages per conversion with no signup, or 10 pages as a lifetime pool with a free account. Every transaction on those pages converts in full.

Do I have to install anything?

No. It runs in a browser tab on any operating system. ProperSoft ships desktop applications for Windows and Mac, so their tools are tied to a machine and need installing and updating.

How much does BalanceExtract cost?

$19 a month, flat, with no page limit and every export format included in that one price rather than sold per conversion pair.

No. Parsing runs in your browser and the file is never transmitted. Desktop software keeps data local too — the difference is you get that property without installing anything, and you can verify it in the browser's Network tab.

BalanceExtract

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Comparison

ProperSoft Alternative: One Tool, Every Direction

Published August 2026 by BalanceExtract Team

Quick summary

ProperSoft have made accountant-focused conversion utilities for years and they do the job they set out to do. Two structural differences matter: they sell a separate desktop application for each conversion pair, and their converters work on structured financial files rather than PDF statements. BalanceExtract handles every direction in one browser-based converter, and reads PDFs as well.

What BalanceExtract costs

$19/ month · flat

Unlimited pages

Not a large allowance — no page limit at all. The same $19 whether you convert ten pages this month or ten thousand. All seven export formats included.

$0to try

No signup for the first 6 pages

6 pages per conversion with no account and no persistent tracking, or 10 pages as a lifetime pool once you sign up. No credit card on Free, ever.

ProperSoft licenses a separate desktop application per conversion pair, and its trial is capped at 10 transactions per file. That means their bill grows as your workload does. Ours doesn't — which is the whole reason we price this way.

See the full pricing comparison →

As on our other comparison pages, we don't quote ProperSoft's prices — check propersoft.net directly, since a per-product line-up prices differently depending on which converters you need. What follows is product shape, which doesn't change month to month.

A product per conversion, or one converter

ProperSoft's catalogue is organised by direction: CSV2QBO turns spreadsheets into QuickBooks Web Connect files, Bank2CSV turns OFX, QFX, QIF, QBO and OFC files into spreadsheets, CSV2CSV produces Mint-format CSV, and so on. Each is a separate application with its own licence.

If you convert in exactly one direction forever, that is a perfectly reasonable way to buy software. If you take QBO from a bank, hand CSV to a client and produce OFX for their accountant, it means three purchases and three applications.

	ProperSoft	BalanceExtract
Product model	One app per conversion pair	One converter, all directions
PDF bank statements	Not the focus — structured files	Yes, including scanned via OCR
Where it runs	Windows / Mac desktop app	Browser tab, any OS
Installation	Required	None
Free tier	Trial capped at 10 transactions per file	6 pages no signup, 10 pages with an account
Pricing model	Per-product licence	$19/mo flat, unlimited pages
Multi-account OFX/QBO files	—	Split by account, one sheet each

When ProperSoft is the better choice

You want desktop software you install and own: a locally installed application with a perpetual licence is a genuinely different proposition from a subscription, and for some buyers that settles it.
You need a niche conversion direction: their catalogue covers pairings — Mint CSV, POSH, Sage ASO, older Quicken paths — that a general-purpose converter may not.
You convert in exactly one direction, forever: a single-purpose tool bought once is hard to argue against when the requirement never changes.
You need to work with no internet at all: our converter runs offline once the page has loaded, but a desktop app doesn't need the page load in the first place.

When BalanceExtract fits better

Your source is a PDF statement: this is the clearest split. ProperSoft's converters expect structured files that a bank already gave you. If what you have is a PDF — which is what most banks hand out beyond a few months of history — that's the problem we're built for.
You convert in more than one direction: seven output formats from one conversion, with no second licence and no second application to keep updated.
You want to evaluate on real files: a trial capped at 10 transactions per file tells you the software runs, not whether it reads YOUR statements correctly. Six full pages with no signup answers the question that actually matters.
You work across machines or operating systems: nothing installed, nothing tied to one computer, identical on macOS, Windows and Linux.

Frequently asked questions

Do I need a different product for each conversion?: Not here. One converter reads QBO, OFX, QFX, QIF, IIF, MT940 and CSV, and writes CSV, Excel, QBO, OFX, QIF, IIF and Tally XML. ProperSoft's model is a separate named application per conversion pair — CSV2QBO, Bank2CSV, CSV2CSV and so on.
Can I convert PDF bank statements too?: Yes, and this is the main functional difference. ProperSoft's converters work on structured financial files. BalanceExtract reads those same formats and also parses PDF statements directly, including scanned ones via OCR.
Is there a trial limit on the number of transactions?: No. The free tier is limited by pages, not rows — 6 pages per conversion with no signup, or 10 pages as a lifetime pool with a free account. Every transaction on those pages converts in full.
Do I have to install anything?: No. It runs in a browser tab on any operating system. ProperSoft ships desktop applications for Windows and Mac, so their tools are tied to a machine and need installing and updating.
How much does BalanceExtract cost?: $19 a month, flat, with no page limit and every export format included in that one price rather than sold per conversion pair.
Is my data uploaded?: No. Parsing runs in your browser and the file is never transmitted. Desktop software keeps data local too — the difference is you get that property without installing anything, and you can verify it in the browser's Network tab.

Convert a file in any direction

Free, runs entirely in your browser, nothing to install.

Drop a statement here

PDF, scan, or photo — multi-file, no size cap, no page limit on Pro

Processed on your device — nothing uploaded, ever

PDF, JPG, PNG, or WEBP · Up to 6 pages per conversion

MoneyThumb Alternative

One converter for every format, versus a product per format.

DocuClipper Alternative

Cloud processing versus on-device, compared honestly.

StatementDesk Alternative

Same price — row-metered and cloud, versus no limit and on-device.

Bank Statement to CSV

Convert any bank's PDF statement to CSV, on-device.