Close your books without opening a spreadsheet.

Wakato closes your books with an AI agent: it sorts every bank transaction, reads and matches the receipts you forward, tracks bills, posts your shop's sales and fees, and prepares month end and an accountant pack. It asks you only about the few things it isn't sure of.

How it works, step by step

  1. Bank feed sorted. Every transaction categorised; unsure ones flagged. (Finance)
  2. Receipts matched. Forward receipts by email; they're read and matched. (Finance)
  3. Sales already in. Shop sales, fees, refunds and payouts posted for you. (Commerce)
  4. Month end and pack. Statements, closing and a pack for your accountant. (Finance)

What it runs on

Questions

Is AI going to take over bookkeeping?

AI is taking over the repetitive part of bookkeeping, such as sorting transactions, matching receipts and posting entries, while judgement, tax filing and advice stay with you and your accountant. Wakato's books keep themselves this way and flag anything they aren't sure of.

Can ChatGPT do my bookkeeping?

A chat assistant can explain bookkeeping, but it can't see your bank feed or keep a ledger. Wakato connects your bank, sorts every transaction into double-entry books, matches receipts and prepares month end, and an agent can do the work under your approval.

Can AI replace my accountant?

It replaces the hours of sorting and matching, and hands your accountant clean books and a ready-made pack. Advice, tax returns and sign-off still belong to your accountant.

How much does AI bookkeeping cost?

Connecting a bank feed comes with Pro ($49 a month) and Business ($99 a month). The AI that sorts transactions and reads receipts is paid from your wallet as you use it, with no per-seat price.

How do receipts get in?

Upload them, snap them from the phone app, or forward them to your space's own receipt email address. Wakato reads each receipt and attaches it to the matching bank transaction; when two could match, it leaves the choice to you.

Does it do cash or accrual?

Both. You choose cash or accrual for each space; on accrual, invoices count as income when sent and bills as expenses when issued. Sales tax and VAT are split out and summed up in a tax report.

Does it file taxes or run payroll?

No. Wakato keeps the books, closes the month and prepares a tax report and an accountant pack, but filing returns and running payroll are not part of it today.

Plans: Free $0, Pro $49/month, Business $99/month. Start free.