Accounting Solver AI is a web-based AI-powered accounting problem solver that streamlines bookkeeping, financial reporting, and financial analysis tasks. It accepts transactions, invoices, or bank statements and can generate financial statements, classify expenses, and provide real-time insights to help businesses improve cash flow and profitability. The platform emphasizes automation, accuracy, security, and easy integration with popular accounting tools.
How to Use Accounting Solver AI
- Upload or input your data. Drag and drop files or enter transactions/invoices/bank statements in the provided interface.
- Select the type of solution you need. Choose from options such as Journal Entry, Financial Statement Analysis, Ratio Analysis, Cost Accounting, Budgeting, Tax Calculation, Depreciation Calculation, Break-Even Analysis, Cash Flow Analysis, or Other (describe in problem).
- Solve Problem. Click the Solve/Process button to run AI-driven analysis and generate results.
- Review and export. Review the generated journal entries, financial statements, insights, and export as needed.
AI-powered documents and spreadsheets: The platform also includes AI Spreadsheet Generator and AI Document Generator features to automate related tasks.
Key Capabilities
- Automated bookkeeping and transaction classification
- Financial reports generation (income statements, balance sheets, cash flow statements)
- Expense categorization for easier tax preparation
- Real-time insights into business finances to optimize cash flow and profitability
- Integration with popular tools (QuickBooks, Xero, FreshBooks)
- End-to-end security with encryption and SOC 2/GDPR compliance
- Scalable for small to medium-sized enterprises (SMEs)
- User-friendly, non-accountant accessible interface
Safety and Security
- End-to-end encryption and secure data storage
- Compliance with GDPR and SOC 2 standards
- Data privacy prioritized; server-stored data and processing align with privacy terms
How It Works
- Users input financial data (transactions, invoices, bank statements).
- AI models categorize expenses, perform reconciliations, and generate financial statements.
- Real-time insights help users identify optimization opportunities and potential issues.
- Seamless integration with existing accounting software to maintain workflow continuity.
FAQs Highlights
- What is Accounting Solver AI? A web-based AI solution for automating accounting tasks and financial reporting.
- Security? Uses encryption and industry-standard security practices; GDPR and SOC 2 compliant.
- Suitable for small businesses? Yes, scalable for SMEs and friendly to non-accountants.
- Integrations? Supports QuickBooks, Xero, FreshBooks and more.
- Support? Includes customer support via email, chat, or phone, plus knowledge base and tutorials.
Core Features
- Automated bookkeeping and transaction categorization
- AI-generated financial statements (income statement, balance sheet, cash flow)
- Expense classification for simplified tax prep
- Real-time financial health insights and analytics
- Integration with QuickBooks, Xero, FreshBooks
- End-to-end encryption and GDPR/SOC 2 compliance
- AI Spreadsheet Generator for data-heavy tasks
- AI Document Generator for automated reporting documents
- User-friendly interface suitable for non-accountants
- Scalable for SMEs with flexible pricing