Import Bank CSV and SMS as Expenses — 7 Indian Banks Supported

Manually typing every expense — cloud bill, co-working rent, taxi ride, lunch with a client — is the single biggest reason freelancers give up on expense tracking by month two. The fix is not better discipline. It is automated import: drop a bank CSV in, paste an SMS, share a UPI receipt from your Android lock screen. HourSlip Pro supports all three input modes across 7 major Indian banks, with auto-categorisation that learns from your edits. This guide walks through each path and what the tool does with the data.

Why CSV / SMS Import Matters

Three reasons manual expense entry breaks down at scale:

1. Volume. A working freelancer with 1-2 clients still has 30-60 expense touchpoints a month — subscriptions, utilities, food, transport, business lunches, software, internet, phone, professional fees. Typing each one in a form takes 90 seconds. That is 90 minutes a month, or 18 hours a year.
2. GST claims need invoice-grade accuracy. A typo in the supplier GSTIN breaks GSTR-2B reconciliation. CSV imports carry the bank reference number; SMS parses pull the supplier name verbatim. Both are more reliable than manual entry.
3. Audit defensibility. Imported rows carry their source (bank reference, SMS timestamp, original SMS body). In a scrutiny, "here is the bank entry that triggered this expense" is much stronger than "I entered this manually two years ago."

The 7 Supported Banks

HourSlip Pro parses statements and SMS formats from:

• HDFC Bank — Statement CSV + SMS
• ICICI Bank — Statement CSV + SMS
• State Bank of India (SBI) — Statement CSV + SMS
• Axis Bank — Statement CSV + SMS
• Kotak Mahindra Bank — Statement CSV + SMS
• Yes Bank — Statement CSV + SMS
• IDFC First Bank — Statement CSV + SMS

These seven cover roughly 75% of Indian freelancer banking. If your bank is not on the list, the universal CSV importer accepts a generic format with column mapping — you map your bank's columns to date, description, debit, credit, balance, and the rest works the same.

Bank CSV Import Flow

The repeatable monthly flow:

1. Log in to your bank's net banking. Navigate to account statements; download the previous month's transaction history as CSV or Excel (Excel is auto-converted on upload).
2. In HourSlip → Expenses → Import → Upload CSV. Drop the file in.
3. HourSlip auto-detects the bank from the column header signature. If detection fails, you pick from a dropdown.
4. The parser shows a preview: each debit line proposed as an expense, with auto-categorisation based on the description (e.g., "NETFLIX" → Subscriptions, "UBER" → Travel).
5. Review and adjust categories where wrong. Bulk-uncheck non-business expenses (groceries, personal transfers, salary credits if you also receive salary).
6. Confirm import. Expenses land in your expense list, each tagged with bank reference number for future reconciliation.

SMS Parsing — Paste and Categorise

For UPI payments and small business expenses, SMS is faster than CSV — and most banks send a notification SMS within seconds. The flow:

1. Receive an SMS like:
   "Rs.499.00 debited from HDFC Bank A/c XX1234 on 18-May-2026 to Notion Labs Inc via UPI. Avl Bal: Rs.45,231.50. Ref: 614329884221"
2. Long-press the SMS, copy text, open HourSlip → Expenses → Import → Paste SMS.
3. The parser extracts: amount Rs. 499, date 18 May 2026, merchant Notion Labs Inc, reference 614329884221, account HDFC ending XX1234.
4. Auto-category: "Software Subscriptions" (matched against the merchant name).
5. Confirm or override. Expense saved.

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Pasting a UPI debit SMS is the closest thing to zero-friction expense logging the Indian freelancer has. Five seconds, one tap, one expense saved with the bank reference attached.

Android Share Target — One-Tap from SMS

On Android, HourSlip is registered as a system share target. Workflow:

1. Open your default SMS app, find the bank notification SMS.
2. Long-press, tap "Share".
3. HourSlip appears in the share sheet — tap it.
4. The expense parsing screen opens with the SMS pre-populated. Confirm and save.

Same outcome as paste, two fewer steps. The share-target integration uses Android's standard Intent system; no special bank permissions needed (HourSlip never reads your SMS inbox directly).

Categorisation Logic

The auto-categoriser uses a 3-layer match:

1. Exact merchant match — "NETFLIX.COM", "NOTION LABS", "ZOMATO ONLINE" mapped to their canonical category from a curated dictionary (3,000+ entries).
2. Pattern match — "UBER", "OLA", "RAPIDO" → Travel; "SWIGGY", "ZOMATO" → Meals; "AWS", "GCP", "DIGITAL OCEAN" → Cloud Services.
3. Your historical edits — once you re-categorise "XYZ COFFEE PVT LTD" as "Client Meetings", the next import of the same merchant defaults to that category.

Categories ship with India-relevant defaults: Cloud Services, Software Subscriptions, Co-working Rent, Phone & Internet, Travel, Meals, Professional Fees, Marketing, Equipment, Domain & Hosting, Books & Courses, Bank Charges, GST Paid, Other.

Reviewing and Editing Imports

Every imported expense lands in the regular expense list, with three distinguishing flags:

• A source badge showing how it was imported (CSV / SMS / Share Target / Manual).
• A bank reference number field, populated for CSV and SMS imports.
• A "Review" flag on any expense the auto-categoriser is less than 80% confident about. These show in a filtered view first.

RCM and ITC Flagging

For GST-registered freelancers, imported expenses can be marked:

• Has GST? Y/N — toggles whether you can claim ITC on this expense.
• Reverse charge? Y/N — for invoices where you (the recipient) are liable to pay GST (typically unregistered suppliers, certain imports).
• Supplier GSTIN — required for ITC claim and GSTR-2B reconciliation.

The bank CSV won't have GSTIN. The freelancer fills this in from the actual invoice they received. The bank entry just gives you the date, amount, and reference.