LedgermereAn alternative to ProperConvert, Bank2QBO and CSV2QBO
ProperSoft's Bank2QBO and CSV2QBO converters are now sold as part of ProperConvert, a desktop subscription. If you only need to convert a few statements, or want something that runs in a browser without installing anything, here is how the two compare.
Updated 2026-10-26 · 4 min read
Comparison
| ProperConvert | Ledgermere | |
|---|---|---|
| Price (USD) | $19.99/month or $179.99/year per user/device; team plans available | $9 for a 30-day pass or $29 lifetime; nothing renews |
| Free version | Free trial; saved files limited to 10 transactions | Free; exports limited to 20 transactions |
| Runs as | Desktop app (install) | Web app in the browser, works offline after loading; no install |
| Where files are processed | On your computer | On your computer (the app page blocks all network connections) |
| Outputs | Many, incl. QBO, QFX, OFX, IIF, QIF, CSV, Excel | QBO, QFX, OFX 1/2, IIF, QuickBooks Online CSV, Xero CSV, QIF, CSV, Excel |
| Bank formats in | PDF, CSV, Excel and more | PDF (text), CSV, Excel, OFX/QFX/QBO, QIF, MT940, camt.052/053/054, BAI2, Norma 43 |
| Track record | Long-established, tested on many real statement layouts, support included | New; tested on synthetic statements – try the free export with your file first |
ProperConvert prices from propersoft.net/purchase, checked 2026-10-26. Prices may change.
When ProperConvert is the better choice
- You convert statements for many clients every month and want a vendor that fixes bank layout changes quickly.
- You need features Ledgermere doesn't have (it does no categorisation and no OCR for scanned PDFs).
When Ledgermere is the better choice
- A one-off catch-up job: $9 for 30 days, no subscription to cancel.
- You can't or don't want to install software (work laptop, Chromebook, Mac and Windows alike).
- You have European or US bank files (MT940, camt.053, Norma 43, BAI2) rather than only PDFs.
- You want to merge many files per account with duplicates removed.
Try it with your own file. Ledgermere converts PDF/CSV/Excel statements, OFX/QFX/QBO, QIF, MT940, camt.053, BAI2 and Norma 43 to QBO, QFX, IIF, QuickBooks Online CSV, Xero CSV, OFX, QIF, CSV or Excel – in your browser, nothing is uploaded. The free version exports the first 20 transactions so you can test the import first; a 30-day pass is $9, lifetime $29.
Questions and answers
Are Bank2QBO and CSV2QBO still available separately?
According to ProperSoft's pricing page, their converters are now part of the ProperConvert license.
Can I test Ledgermere before paying?
Yes. Every format is available free with the first 20 transactions per export, so you can check that QuickBooks, Quicken or Xero accepts the file.
Sources and product names: ProperSoft pricing page propersoft.net/purchase (checked 2026-10-26). QuickBooks and Quicken are trademarks of Intuit Inc. or Quicken Inc.; Xero is a trademark of Xero Limited. Ledgermere is independent and not affiliated with them.