ReceiptsAI

ReceiptsAI automates expense tracking by extracting data from receipts, invoices, and bank statements using AI, then categorizing and organizing them for tax-ready bookkeeping.

ReceiptsAI is a bookkeeping automation tool that uses AI to extract and categorize data from receipts, invoices, bank statements, and emails. It is designed for freelancers, small business owners, and accountants who want to keep their books current without manual data entry. The tool works by accepting documents through multiple channels: you can snap a photo and send it via WhatsApp, forward emails to a dedicated address, or upload files directly to the web app. The AI then identifies each document and captures key details such as merchant names, dates, amounts, taxes, and currencies. These transactions are automatically sorted into categories using default or custom rules. Receipts can also be matched to bank transactions for reconciliation, and duplicate detection helps keep records clean. In practice, ReceiptsAI replaces the scattered shoebox of receipts with a single organized workspace. Users can invite team members to send receipts in, connect mailboxes for automatic forwarding, and export data to Excel, CSV, or PDF for tax preparation or accountant review. The platform supports multiple workspaces for separating business and personal finances, and includes features like privacy redaction and historical currency conversion. Compared to traditional bookkeeping software, ReceiptsAI focuses on the front end of the process: capturing and organizing the raw paperwork. It complements accounting suites by providing clean, structured data that can be imported elsewhere. While it does not offer full double-entry accounting, it fills a specific need for small operations that need to stay tax-ready without hiring a bookkeeper for data entry.