Financial records.
THE RULE FIRST
The software calculates. AI extracts, explains and drafts.
Never accept a calculation.
WHERE IT HELPS
Extracting data from invoices and receipts for entry Categorising transactions, checked Explaining what a report means Drafting commentary on results
FOR RECEIPT AND INVOICE ENTRY
Photograph or upload. Ask for the supplier, date, total and line items in a table.
Verify every figure before entering it.
FOR CATEGORISATION
Useful, and check. Miscategorised transactions distort reporting and may affect tax treatment.
FOR UNDERSTANDING REPORTS
"Explain what this line in my accounts means."
Genuinely useful for a business owner who is not an accountant.
FOR TAX
Never rely on generated statements about obligations, rates or deadlines.
Speak to an accountant.
WHAT TO NEVER SEND
Bank details Full account statements without considering what they contain
