CSV, stands for Comma Separated Value file, is a plain text file that contains a list of data. If you are lodging your activity statement through a registered tax or BAS agent, then you may be requested to provide a CSV bank statement to your agent. CSV statement is becoming popular now a days.
If you are struggling to download the CSV statement from your bank account, and want to know the process of downloading CSV bank statements, simply click on your bank account logo from below:
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FAQ
Most frequent questions and answers
You can open a CSV file by using MS Excel or any text editor such as notepad.
Downloading and sending CSV file to an agent can be hectic. If your agent uses any accounting software such as Xero, MYOB, Recon; you can request to connect the bank feed and all the transactions will be exported to the software automatically.
Generally, it contains transaction date, description and amount. Some CSV statement also contains the transaction type and balance.
Yes, you can edit a CSV statement, however, it is advised not to edit the CSV statement. Also, CSV statement doesn’t follow any formatting i.e. you can’t add any colour or formula in CSV statement.
