AI Bookkeeper for Xero
What'sNew
We’re introducing the first-in-market AI Chain-of-Thought approach for categorizing transactions with up to 98% accuracy. This cutting-edge methodology allows the AI to “think out loud”, ensuring more precise classification and fewer manual adjustments.
- Deeper Context Understanding: Our AI thoroughly reviews each transaction’s context before deciding on a category.
- Historical Data Referencing: It learns from your past transaction patterns to make more accurate predictions.
Our enhanced reporting tools now reveal how many transactions were processed by the AI Bookkeeper vs. an accountant, giving you clear visibility into:
- AI Efficiency: See the exact number of transactions handled by the AI each month.
- Cost & Time Savings: Track how much manual labor you’re saving.
- Accuracy Rate: Leverage the power of AI Chain-of-Thought to maintain up to 98% coverage for your bank feed.
Say goodbye to mystery categorizations. For every transaction, you’ll now see:
- Reasoning Behind the AI’s Suggestion: Understand exactly why a category was chosen.
- Influential Historical Transactions: Easily trace back which past entries guided the AI’s decision.
- Class/Project/Customer Matching: See how the system aligns each transaction with the right class, project, or customer tag.
This transparency empowers you to trust—and verify—the AI’s bookkeeping decisions.
Need to exclude certain transactions from automated categorization? Our new Stop Keywords feature allows you to do just that, with a simple configuration in your Business Settings.
- Flexible Control: Fine-tune which transactions you’d prefer to handle manually.
- More Efficient Workflow: Avoid having to revert AI categorizations when they’re not needed.
What AI Bookkeeper Automates in Xero
- Analyzes up to 2 years of your business's financial history in Xero
- Understands your unique categorization patterns and accounting preferences
- Applies learned patterns to new transactions for accurate reconciliation
- Reconciles bank feed transactions automatically
- Matches payments with bills, invoices, and receipts without manual intervention
- Handles complex split transactions and multi-invoice payments effortlessly
- Operates directly within Xero, following expert bookkeeper workflows
- Navigates complex reconciliation tasks like a skilled bookkeeper
- Handles reconciliation actions, document matching, and exceptions in the same Xero workflow your team reviews
- Automates tasks that usually need manual handling in Xero while keeping humans in control
- Requests human input for transactions with less than 90% confidence
- Provides suggestions for unclear entries, enhancing accuracy
- Continuously learns from manual approvals and direct changes in Xero
- Works on your preferred schedule: daily, weekly, or monthly
- Performs tasks in the early morning, ensuring up-to-date books when you start your day
- Retrains its model daily based on human interactions and changes
- Constantly refines its understanding of your business's financial patterns
- Increases automation accuracy over time, reducing the need for human intervention
How AI Bookkeeper Is Different
Native Xero rules and document tools still leave teams with recurring bank feed decisions. AI Bookkeeper by Booke AI works inside Xero like a skilled bookkeeper: it learns from historical bookkeeping patterns, categorizes transactions, matches documents, prepares reconciliation, and asks for human review when confidence is low. Client work stays isolated with a dedicated AI Brain per client and no cross-client data sharing.
See AI Bookkeeper in Action
