Banking
OFX
A structured financial-data interchange format commonly used to export electronic bank statements.
It is more structured than CSV and less detailed than CAMT.053. Many banks generate it through online banking.
An example
It is a good option when the bank does not offer CAMT.053.
The typical mistake
Editing it by hand to correct a transaction. If the statement is wrong, request a new one from the bank.
How it appears in AndCompta
Import it like any other statement. If your bank offers both OFX and CSV, choose OFX: its stable fields improve reconciliation matches.
Where we explain it in depth
Related terms
This definition is general information, not tax or accounting advice. For your specific case, consult a professional and always check the official source.