FAB feeds Big-4 audit files and regional CFO dashboards. Multi-currency rows, SWIFT inflows, and Islamic financing lines export cleanly into Zoho Books and Xero.
Convert FAB statementsFirst Abu Dhabi Bank statements show up in the largest corporate audit files in the UAE — Big-4 portfolios, sovereign-linked entity ledgers, and free-zone holding company books. The volume is the first problem: a monthly FAB statement for a mid-size corporate runs 80 to 200 rows before payroll and supplier batches are even added. Manual re-keying is not viable at that scale.
The second problem is heterogeneity. A single FAB account can hold AED, USD, and EUR sub-ledgers in the same PDF. FAB Islamic accounts use Murabaha and Wakala for financing. Pre-2017 entries from the FGB or NBAD legacy systems still surface with a different header. Kashfbank handles all three in one consistent CSV layout.
FAB issues English-dominant PDFs with DD/MM/YYYY dates. Transaction descriptors include the channel (POS, ATM, IB, TRF, SWIFT) and the counterparty IBAN or BIC. The export preserves these reference codes in the Description column so audit trails stay intact. Zoho Books UAE VAT edition, Xero, and Sage 50 import the CSV without column remapping.
Multi-currency rows export with original currency, AED-converted amount, and FAB's printed FX rate all on the row. SWIFT inflows and dividend credits need to be booked to separate ledger accounts — Kashfbank's Category column flags them. Interest-charged rows (or Murabaha for Islamic accounts) appear mid-statement and must be booked as finance costs, not operational expenses; the export labels these separately when detected.
Pull the full transaction list with running balance, the FX rate column for multi-currency reconciliation, VAT-bearing supplier debits, and the financing rows. Cross-check the closing balance against the trial balance — any gap is your first reconciliation item.
English-dominant PDF. Dates DD/MM/YYYY. Account summary panel at top (opening balance, total debits/credits, closing balance). Multi-currency lines show original currency + AED equivalent. Every transaction has a unique reference number. Pre-merger FGB or NBAD statement formats may appear in older archives — headers differ but column structure is consistent.
| Label | Meaning |
|---|---|
| POS PURCHASE | Card payment at merchant POS |
| ATM WITHDRAWAL | Cash withdrawal at ATM |
| SALARY TRANSFER | WPS salary credit from employer |
| SWIFT TRANSFER IN | International wire received |
| SWIFT TRANSFER OUT | International wire sent |
UAE-based accountants using Zoho Books (UAE VAT edition) need the VAT column flagged; Kashf's Category field tags ZATCA-style VAT payment rows for easy filtering.
Upload one or more FAB PDFs
Upload the client's FAB statements in a single Kashfbank session. Each file is processed independently and labeled with its source filename, so 12 monthly PDFs become 12 sheets in one bundle.
Verify Islamic vs. conventional
Check whether the account is FAB or FAB Islamic. Financing rows for Islamic accounts are tagged as Murabaha or Wakala. Conventional FAB shows interest-charged rows. Both export cleanly but post to different ledger accounts.
Reconcile running balance
The Balance column should be continuous month to month. Any gap signals a missing page or split PDF. Re-upload the missing page; Kashfbank merges chronologically.
Export to your accounting tool
Download the CSV. Zoho Books UAE VAT edition imports the file directly. For Xero or Sage, the Date, Description, Debit, Credit, Balance, Category, Currency columns map to the standard bank-feed schema.
Common challenges
Can Kashfbank process multiple clients' FAB statements in one session?
Yes. Each file upload is processed independently and labeled with its source filename. A single session can convert 10 to 20 PDFs across different clients, and each downloads as a separate CSV. The Big-4 portfolio model is supported directly.
Does the export distinguish FAB Islamic financing rows from interest?
Yes. FAB Islamic accounts use Murabaha and Wakala terminology that Kashfbank tags as financing entries. Conventional FAB accounts show interest-charged rows tagged as such. Both post to different ledger accounts under IFRS, and the Category column keeps them apart.
How does multi-currency reconciliation work in the export?
Each currency sub-account becomes its own sheet with its own running balance. The original currency, the AED-converted amount, and the FAB-printed FX rate all stay on the row. Audit working papers can then verify the conversion against the bank's daily rate sheet.
What if the client's FAB account predates the 2017 FGB or NBAD merger?
Those older statements use a different header layout. Kashfbank parses both formats. Some legacy descriptors carry a merger-migration tag; the row's amount, date, and balance are preserved either way, so opening balance tie-outs still work.
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