They are command line tools that preprocess a file before it is loaded for comparison. The first argument is an input file and the second argument is an output filename. As an example, the pdftotext.exe tool extracts a .pdf file to a plain text .txt file, then displays the temp file in Beyond Compare's Text Compare.

See Beyond Compare's help file topic Text Format Conversion Settings for details.

Answer from Chris Kennedy on Stack Overflow
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Scooter Software
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File Formats
Beyond Compare uses file formats to specify how certain types of files are handled. For example, files with a .jpg or .png extension are associated with Picture Compare, while .c and .cpp files are recognized as having C/C++ syntax and are handled by Text Compare.
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7-Zip Documentation
documentation.help โ€บ BeyondCompare4 โ€บ file_formats.html
File Formats - Beyond Compare 4 Documentation
Beyond Compare uses file formats to specify how certain types of files are to be handled. For example, files with a .jpg or .png extension are associated with Picture Compare, while .c and .cpp files are recognized as having C/C++ syntax and are handled by Text Compare.
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Scooter Software
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Rules vs. File Formats
In Beyond Compare, file formats describe the syntax of specific kinds of files by defining elements. File formats are typically selected automatically based on the filename...
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Scooter Software
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External Format General Settings
To compare files using another application, define an external format. 1.Choose Tools | File Formats (Beyond Compare | File Formats on macOS) to open the File Formats dialog.
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Scooter Software
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Scooter Software - Home of Beyond Compare
What's new in version 5 Change Log Additional file formats Alternate color schemes Integration with other apps
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Scooter Software
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File Format Management
Choose Tools | File Formats (Beyond Compare | File Formats on macOS) to see and manage the entire list of file formats.
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Scooter Software
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Text Format Conversion Settings
Text Compare sessions can compare plain text files, such as programming source files, directly. To compare files with structured or proprietary formats, it may be necessary to first extract the plain text content from the file. For example, Microsoft Word documents are binary files, but Beyond Compare can extract and compare their textual content.
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ComponentSource
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About Beyond Compare
Zip - Zip files and other archive ... handles many popular formats, including tar, gzip, bzip2, Microsoft CAB, WinRAR, and, new to v4 for Windows, Zipx, 7-zip, and IMG/ISO disk images....
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Scooter Forums
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Fixed File format compares - Forums - Scooter Software
The short answer is no for the Text Compare session, but maybe for the Table Compare session. The Table Compare can define a file format for either delimiters or fixed width definitions, in the Tools menu -> File Formats dialog, New + Table Format. Columns tab, Type: Fixed.
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Scooter Software
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Text Format Grammar Settings
1.Choose Tools | File Formats (Beyond Compare | File Formats on macOS) to open the File Formats dialog.
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Scooter Software
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Where Settings are Stored on your Computer
Beyond Compare stores your sessions, customized file formats, and other preferences as .xml files in its settings folder. A quick way of finding this location is to choose...
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Scooter Software
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Files are the Same, but Beyond Compare Says They ...
October 4, 2017 - Microsoft Office includes version ... file formats. It also keeps track of the time the file was last accessed. This results in file size and binary differences even when the visible file has not changed. The only way to deal with this is to compare the contents of the files using a rules-based comparison. For BC version 2, add-on rules to compare the text contents of Office documents are on our Additional File Viewer Rules for Beyond Compare ...
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Beyond Compare
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Beyond Compare - Download
3 weeks ago - For media file comparisons, the addition of support for formats like FLAC, MP3, and MP4/AAC offers greater flexibility. Lastly, Version Compare has been enhanced with more robust error handling and better comparison of header fields, ensuring ...
Rating: 7.5/10 โ€‹ - โ€‹ 182 votes
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Wikipedia
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Beyond Compare - Wikipedia
3 weeks ago - A set of predefined rules is included for the comparison of common file types, such as C++ source code, XML, and HTML files. Steve Gibson of GRC described it as "a really cool ... very smart Windows-based source comparison tool".
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7-Zip Documentation
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Beyond Compare 4 - Documentation & Help
Beyond Compare ยท displays them as folders, with a zipper icon, but by default treats them as ยท files when copying or comparing them. Once you have expanded the ยท archive by double-clicking on it, the files within will be compared. Many ยท of the formats support both reading and writing, so you can use all of the