AI Accounting Capabilities
- Automatic transaction categorization (95%+ accuracy)
- Receipt scanning and data extraction
- Invoice generation and sending
- Expense report creation
- Cash flow forecasting
- Anomaly detection
AI Accounting Tools
| Tool | Best For | Price |
|---|---|---|
| QuickBooks AI | Small business | $30/mo |
| Xero | Growing business | $40/mo |
| Pilot | Startups | $200+/mo |
| Bench | Full service | $300+/mo |
Time & Cost Savings
Traditional Bookkeeper: $500-$2,000/month
AI Tools: $30-$200/month
Time Saved: 10-20 hours monthly on data entry and categorization.