Looking for a Receipt Bank Alternative?
Receipt Bank was rebranded to Dext in 2021. If you're looking for an alternative to what was Receipt Bank, you're really looking for a Dext alternative.
Zera Books offers unlimited bank statement conversions for $79/month—without the per-client pricing that Dext (formerly Receipt Bank) charges.
What Happened to Receipt Bank?
2021: Receipt Bank merged with Xavier Analytics and rebranded as Dext.
Today: Dext operates with the same core functionality but charges per-client fees ($23-26/client).
The problem: What was a straightforward receipt capture tool now requires a 10-client minimum ($234.99+/month starting price).
What Was Receipt Bank?
Receipt Bank was founded in 2010 as a receipt and invoice scanning tool for accountants and bookkeepers. It allowed users to photograph receipts, extract data automatically, and export to accounting software like QuickBooks and Xero.
The original Receipt Bank was popular for its simplicity: snap a photo of a receipt, and the data appeared in your accounting software. It focused specifically on expense capture and invoice processing.
The Rebrand to Dext
In 2021, Receipt Bank merged with Xavier Analytics (a bookkeeping automation tool) and rebranded as Dext. The combined company expanded from simple receipt capture to a broader "bookkeeping automation" platform.
With this expansion came a new pricing model: instead of per-user pricing, Dext now charges per-client fees with a 10-client minimum. For accounting firms, this means costs grow as you add clients.
If you were a Receipt Bank user looking for alternatives after the Dext transition, you're likely seeking a tool that focuses on document processing without the per-client overhead.
Why Former Receipt Bank Users Look for Alternatives
The transition from Receipt Bank to Dext changed the value proposition for many users.
Per-Client Pricing
Dext charges $23-26 per client. If you have 30 clients, that's $690-780/month—far more than many firms budgeted when using Receipt Bank.
Costs scale with growth10-Client Minimum
You can't start small with Dext. The minimum commitment is 10 clients at $234.99/month for the basic tier.
High barrier to entryFeature Bloat
The merger with Xavier added analytics features many users don't need. If you just want receipt/invoice capture, you're paying for unused features.
Paying for what you don't useBank Statement Gaps
Receipt Bank was always focused on receipts and invoices—bank statement conversion wasn't a strength. That hasn't changed with Dext.
Incomplete document coverageChanged Focus
Dext now positions itself as "bookkeeping automation" rather than simple document capture. The tool became more complex than many users needed.
Mission creepBudget Unpredictability
Growing firms face increasing software costs. With per-client pricing, it's hard to budget when your client count fluctuates.
Variable monthly billsReceipt Bank (Dext) vs Zera Books
How Zera Books compares to what Receipt Bank has become.
| Feature | Receipt Bank (Now Dext) | Zera Books |
|---|---|---|
| Pricing Model | $23-26 per client | $79/month unlimited |
| Minimum Commitment | 10 clients required | No minimum |
| Starting Price | $234.99/month | $79/month |
| Price at 20 Clients | $460-520/month | $79/month |
| Price at 50 Clients | $1,150-1,300/month | $79/month |
| Bank Statements | Limited support | Primary focus |
| Receipt Capture | Yes (core feature) | Via invoice processing |
| Financial Statements | No | Yes |
| Check Processing | No | Yes |
| AI Categorization | Yes | Yes (QuickBooks/Xero) |
| Client Management | Yes | Yes |
| QuickBooks Integration | Yes | Yes |
More Than Just Receipts
Receipt Bank was focused on receipts and invoices. Zera Books processes all financial documents accountants need.
Bank Statements
Any bank, any format. Convert to Excel, CSV, or import to QuickBooks/Xero.
Financial Statements
Income statements, balance sheets, cash flow statements.
Invoices
Extract line items, totals, dates, and vendor information.
Checks
MICR line extraction, payee, amount, date, memo fields.
"My clients send me all kinds of messy PDFs from different banks. This tool handles them all and saves me probably 10 hours a week."
Ashish Josan
Manager, CPA at Manning Elliott
Why Choose Zera Books Over Dext?
Flat pricing and bank statement expertise make Zera Books the better choice for most accounting firms.
$79/Month Unlimited
No per-client fees, no minimums, no surprises. Process unlimited documents for one flat price.
Bank Statement Focus
Zera AI trained on millions of bank statements. Better accuracy than tools that treat bank statements as an afterthought.
AI Categorization
Transactions automatically mapped to QuickBooks/Xero chart of accounts. Saves 30-45 minutes per client.
4 Document Types
Bank statements, financial statements, invoices, and checks. More comprehensive than receipt-focused tools.
Built for Accountants
Client management dashboard, batch processing, and accounting software integration—not afterthoughts.
No Template Training
Upload any bank statement format. Zera AI adapts automatically without manual configuration.
Frequently Asked Questions
What happened to Receipt Bank?
Receipt Bank merged with Xavier Analytics in 2021 and rebranded as Dext. The core receipt capture functionality remains, but the pricing model changed to per-client fees with a 10-client minimum. If you're looking for a Receipt Bank alternative, you're really looking for a Dext alternative.
Is Dext the same as Receipt Bank?
Dext is the evolution of Receipt Bank. It includes the original receipt capture features plus additional bookkeeping automation tools from Xavier Analytics. However, the pricing model is different—Dext charges per-client while Receipt Bank had simpler user-based pricing.
Why is Zera Books better than Dext for bank statements?
Receipt Bank and Dext were designed for receipts and invoices, with bank statement support added as a secondary feature. Zera Books was built specifically for bank statement processing, with Zera AI trained on millions of bank statements. This specialization means higher accuracy and better handling of edge cases.
Can I migrate my data from Receipt Bank/Dext?
Zera Books processes documents independently of other tools. You don't need to migrate historical data—simply start using Zera Books for new bank statement conversions. Many firms use Zera Books alongside Dext, with Dext handling receipts and Zera Books handling bank statements.
Does Zera Books work with QuickBooks and Xero like Receipt Bank did?
Yes. Zera Books integrates directly with QuickBooks Online and Xero, and exports QBO files for QuickBooks Desktop. Transactions are automatically categorized to match your chart of accounts, ready for import.
Compare Other Alternatives
Explore how Zera Books compares to other document processing tools.
Ready to Move On from Receipt Bank?
$79/month unlimited bank statement conversions. No per-client fees, no 10-client minimums, no receipt-centric limitations.