This converter is a different kind of product from Greenote, and its own page is admirably clear about where it stops. It reads a statement PDF and writes the table out in a dozen formats, one of which is Tally XML. In that file every withdrawal is a Payment and every deposit a Receipt, and the ledger on each is a placeholder you replace with one of your own.
That is a fair tool for a file now and then. For a practice it leaves the real work where it was: deciding, line by line, which party or expense each entry belongs to. That is the part Greenote is for.
Who StatementConverter suits
Someone who needs an occasional statement as Excel or CSV and has no Tally work to do on it.
An accountant with clients on QuickBooks, Xero or Quicken as well as Tally.
A one-off job that fits inside the free daily pages.
“Replace its two placeholder ledger names with ledgers your company has, then import it”
What Bank Statement Converter (statementconverter.io) costs
| Plan | Price | What you get |
|---|---|---|
| Free | Free | 3 pages a day with no account, 5 pages a day signed in |
| Lite | $9 / month | 200 pages a month |
| Starter | $20 / month | 500 pages a month |
| Pro | $60 / month | 2,000 pages a month |
| Business | $130 / month | 7,000 pages a month |
Priced in US dollars by pages a month. Their page offers a full refund within 7 days. Prices above were read from StatementConverter's own published pages on 11 October 2026. Pricing changes, so confirm on their site before you decide.
StatementConverter and Greenote, side by side
When StatementConverter is the better choice
Greenote is not the right answer for every practice. These are the cases where we would tell you to stay where you are.
You only need the table: a PDF statement as Excel, CSV or JSON. That is its main job and a few pages a day are free.
Your clients are on QuickBooks, Xero, Quicken or MYOB. It writes their formats. Greenote is Tally only.
You want no commitment at all. It is monthly, and the free pages need no account.
Why CAs move to Greenote
The statement is read on your PC
It is not uploaded to be read, so you can answer the question a client actually asks about their statement: who is storing this, and who else sees it.
No page credits
Starter states its number of statements, and ends at that number or after a year, whichever comes first. Every other plan reads unlimited statements. No page credits and no entry counts.
The counterparty gets named
Greenote reads the narration for who the transaction was with and binds it to a ledger that already exists in your Tally company, instead of dropping everything into Suspense.
Your renewal price is the one you joined at
However far the list price moves afterwards, renewing the same plan never costs more than its first year. Auto-renew is a tick you can leave alone: leave it off and we send you a payment link before the date, or turn it on for one year at a time and cancel whenever you like.
Test it on the statements you actually get
The only comparison worth anything is the one run on your own clients’ banks. We set up every free trial on a short call, so it is ready for your own statements. The free trial runs for 2 days or 10 statements, whichever comes first, and needs no card. If you need more statements to be sure, ask us and we will add them.
StatementConverter alternative: common questions
- Does Greenote replace StatementConverter?
- Only for one job: turning Indian bank statements into Tally vouchers. Greenote reads statement PDFs, Excel and CSV files, classifies each transaction, names the counterparty where the narration allows it and posts 8 Tally voucher types into Tally Prime or Tally ERP 9. StatementConverter is built for more than that job, or for a different one, and this page says where it is the better pick.
- How much does Greenote cost compared with StatementConverter?
- Greenote is priced by the work and the size of the office. Starter, for bank statements to Tally, is ₹3,999 a year for one person with 600 statements. Books and GST or Tax and Audit is ₹11,999, and All-in-One, which is both with the office around them, is ₹14,999. An office of up to 5 people pays ₹12,999 for Starter, with unlimited statements. No GST is added on top. What StatementConverter publishes, read on 11 October 2026, is set out in the table on this page. Check their current pricing before deciding, since prices change.
- Can I try Greenote before switching from StatementConverter?
- Yes. We set up every free trial on a short call, so it is ready for your own statements. The free trial runs for 2 days or 10 statements, whichever comes first, and needs no card. If you need more statements to be sure, ask us and we will add them. Run your own client statements through it, since the only comparison that matters is how each tool handles the banks your clients actually use.
- Does Greenote issue a GST invoice?
- No. Greenote is not GST-registered, so no GST is added to the listed price and the amount shown is the amount charged. The trade-off is that there is no GST invoice and therefore no input tax credit for your firm. If input credit matters more to you than the headline price, a GST-registered vendor is the better commercial choice.
Where these facts came from
Everything this page says about StatementConverter was read from StatementConverter's own pages, listed here with the day each was read. Nothing is taken from a review site or a reseller. If something here is out of date, tell us and we will correct it.
- statementconverter.io/pricing
Free daily pages, the four paid plans and the refund period. Read on 11 October 2026.
- statementconverter.io/converters/bank-statement-pdf-to-tally-xml
What its Tally XML file contains, and what it leaves to you. Read on 11 October 2026.
- statementconverter.io/
What happens to an uploaded file once it is converted. Read on 11 October 2026.
Compare with other tools
CypherEdge alternative
The closest structural match: desktop software, statements to Tally, licensed to a firm for a year. The comparison comes down to price, the statement cap on the entry plan and what the next person in the office costs.
Suvit alternative
Cloud automation for Indian accounting firms, now sold as Vyapar TaxOne. One flat price per firm for bank statements, bills, client follow-ups, practice management and GST filing, with the data-location questions that come with any cloud tool.
Vouchrit alternative
Cloud statement-to-Tally with one of the lowest paid entry prices in the category, priced by parallel logins and by transaction volume rather than by machine.
Parsify alternative
Indian cloud converter that markets party-name cleanup for direct Tally import, priced monthly by statement count, or by the page with credits that do not expire.