How to Import Commonwealth Bank Bank Statement into Wave Accounting

To import your Commonwealth Bank statement into Wave Accounting: download your PDF from commbank.com.au → NetBank → Accounts → eStatements, convert it to CSV using Bank Statement Converter (free, under 20 seconds), then upload via Accounting → Transactions → Import Transactions. No manual re-keying — all transactions transfer automatically.

Step 1: Download Your Commonwealth Bank Statement

  1. 1. Log in to NetBank at commbank.com.au and go to your accounts overview
  2. 2. Select the account you need a statement for
  3. 3. Click 'eStatements' from the account menu or 'Statements' tab
  4. 4. Choose the statement period from the dropdown list
  5. 5. Click 'View' or 'Download PDF' to save the statement to your device

Step 2: Convert PDF with Bank Statement Converter

Upload your PDF to Bank Statement Converter — select CSV output — download in under 20 seconds.

Step 3: Import into Wave Accounting

  1. 1. In Wave, go to Accounting → Transactions
  2. 2. Click the three-dot menu (⋮) at the top right and select 'Import transactions'
  3. 3. Choose your bank account from the dropdown list
  4. 4. Click 'Browse' and select your CSV file
  5. 5. Map the columns: Date, Description, Amount — then click 'Continue'
  6. 6. Review the preview and click 'Import' to add transactions

Frequently Asked Questions

How do I download my Commonwealth Bank bank statement?
Log in to NetBank at commbank.com.au and go to your accounts overview → Select the account you need a statement for → Click 'eStatements' from the account menu or 'Statements' tab → Choose the statement period from the dropdown list → Click 'View' or 'Download PDF' to save the statement to your device
What CSV format does Wave require?
Wave expects: Date (YYYY-MM-DD or MM/DD/YYYY), Description, and Amount (single column: positive = income, negative = expense). If Bank Statement Converter gives you separate Debit/Credit columns, merge them in Excel using =IF(D2>0,-D2,E2).
Is Wave Accounting free to use?
Yes. Wave is 100% free for accounting, invoicing, and bank transaction import. Payroll and payment processing are paid add-ons, but importing bank statements is free.
Can I import historical transactions into Wave?
Yes. Wave allows importing transactions as far back as needed. Start with the oldest statements first and import chronologically to keep your transaction feed clean.
Is my Commonwealth Bank data safe to upload?
Yes. Bank Statement Converter processes files in-memory and deletes them immediately after conversion. No data is stored, logged, or used for model training. No account is required.
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