Accounting In development
Project in development
AI CA Accountant
Concept UI · Development preview · No financial or customer data
Bank statement in. Review-ready journal entries out.
- Built for
- Chartered accountant firms and finance teams
- Industry
- Accounting
- Project Type
- AI bookkeeping for bank statements
Description
AI CA Accountant turns a bank statement into review-ready journal entries, in development for accounting firms. The AI reads each transaction, including cryptic bank narrations, and classifies it: customer receipt, supplier payment, interest, bank charge, or a GST or TDS item.
Every classification comes with its reason, so the accountant can see why an entry was posted where it was. The firm’s own rules apply on top, entries move through maker-checker approval, and each correction teaches the system for the next statement. Approved entries export to the firm’s accounting software.
The outcome it is built for: month-end bank entry across many client files in a fraction of the time, with every entry still reviewed by a person.
Deployment options
Available as a subscription or as a deployment on your infrastructure, subject to the agreed scope. Forward Deploy retains the software’s intellectual property; usage rights, fees, support and running costs are agreed in writing. Read the terms
Specifications
- Status
- In development
- Focus
- Bank statement to journal entry
- AI
- Explainable transaction classification, including GST and TDS
- Controls
- Firm rules and maker-checker approval
- Built for
- Chartered accountant firms and finance teams
- Release
- Not publicly released
Features
Reads bank statements
Statement PDFs turned into transactions, including hard-to-read narrations.
Explainable classification
Each entry is classified with the reason shown.
GST and TDS aware
Indian tax items identified and treated correctly.
Firm rules
Each firm’s own posting rules applied on top of the AI.
Maker-checker approval
Every entry reviewed and approved before export.
Learns from corrections
Each fix improves the next statement for that client.
Architecture
AI CA Accountant is being designed around one workflow: read the statement, classify each transaction with a reason, apply the firm’s rules, route entries for approval and export them. The diagram shows the target operating model for the development build, not a deployed system.
Explore the architecture ↗ (new tab)Expected Impact
Expected outcomes, not measured results. Figures will be added once the product is piloted and compared with a baseline.
Less typing
Entries prepared by AI
Automatic classification is expected to remove most manual journal entry.
How we’ll measure it Track minutes per statement before and after rollout.
Faster month-end
More client files per person
Review-ready entries are expected to let each accountant handle more clients.
How we’ll measure it Track client files closed per accountant per month.
Clear reasoning
Faster review
Showing the reason for each entry is expected to speed up checking.
How we’ll measure it Track review time per statement.
Improving accuracy
Better every month
Learning from corrections is expected to reduce entries needing changes.
How we’ll measure it Track the correction rate per client over time.