FreeAgent accepts uploaded statements in OFX, which makes the import a two-click affair — the format carries dates, descriptions and signed amounts natively. (New here? Start at the FreeAgent converter page.)
Step by step
- Convert your statement and download the OFX export.
- In FreeAgent, open the bank account and choose Upload a statement.
- Select the OFX file. FreeAgent reads it directly — no column mapping — and queues the transactions for explaining.
CSV as the fallback
FreeAgent also accepts CSV uploads if you prefer: our layout is date, description, amount (signed), balance. OFX is smoother; CSV is more inspectable.
Backfilling before your feed
The common FreeAgent job is history from before the bank feed was connected — a new client's first year, or a gap while switching banks. Convert those months in one batch (each statement is independently balance-checked) and upload them oldest-first, so the account's running history builds in order.
After the upload
The account's statement balance should land on the statement's printed closing figure — verified during conversion. Explain transactions as normal from there.