Smart Clerk

What it does

Smart Clerk is an AI bookkeeping tool for small businesses. Upload bank statements in any format or connect to banks in the US and Canada to get categorized transactions. It produces P&L statements, balance sheets, and vendor spending reports, and exports data to Excel or PDF.

Smart Clerk is aimed at small business owners and accountants who want to avoid manual data entry. You upload a PDF or image of a bank statement, or connect a bank account, and the AI categorizes each transaction. The site says the AI categorizes over 99% of transactions correctly and that you can review and adjust categories yourself. Reports such as P&L statements and balance sheets are generated from the data. The pricing section lists a Growth plan at $29 per month and a Professional plan at $49 per month, both billed monthly with cancel anytime. A free plan includes 1 bank account and 20 invoices per month with all features enabled. The site states that data is protected with 256-bit encryption and is never stored or used for training. It also says statements from any bank, in any country and currency, are supported and converted into your company currency. Before committing, check how the AI handles unusual transactions and confirm that the plan limits match your needs.