AI Bookkeeping Software for UK Businesses
Stop spending hours on manual bookkeeping. TaxStats AI automatically categorises transactions, reconciles your bank accounts, and codes VAT — connecting directly to Xero for a seamless workflow.
Connects to Xero and your bank feed. GDPR compliant.
Automated Transaction Categorisation
Upload your bank statement or connect via Xero, and TaxStats AI categorises every transaction automatically. It learns your patterns — knowing that Tesco is office supplies, that the monthly direct debit is rent, and that the HMRC payment is corporation tax. Each transaction is coded to the correct nominal account with the right VAT treatment.
Intelligent Bank Reconciliation
TaxStats AI matches bank transactions to invoices and bills automatically. It identifies unmatched items, flags duplicates, and generates multi-tab reconciliation workbooks in XLSX format. The AI highlights exceptions that need human review — so you only spend time on the items that matter.
Connects to Xero
TaxStats AI integrates directly with Xero. Pull trial balances, transaction lists, invoices, and bank feeds into the AI platform. Create journal entries, reconcile accounts, and generate management reports — all without switching between applications. Your Xero data stays in sync.
From Data Entry to Advisory
By automating the routine bookkeeping work, TaxStats AI frees you to focus on higher-value advisory services. The AI spots anomalies (unusual transaction amounts, duplicate payments, missing sequences), suggests tax-saving opportunities, and turns raw transaction data into actionable insights for your clients.
Sound Familiar?
- ✗ Hours spent manually categorising bank transactions
- ✗ Errors in VAT coding leading to incorrect returns
- ✗ Bank reconciliations that never seem to balance
- ✗ Clients sending boxes of receipts at year end
TaxStats AI solves all of these. Let AI handle the heavy lifting so you can focus on what matters.
“TaxStats AI has completely transformed how we handle tax returns. What used to take hours now takes minutes, and the accuracy is remarkable.”
— Senior Partner, Manchester Accounting PracticeEverything You Need
Auto-Categorisation
AI categorises transactions by nominal code and VAT treatment automatically.
Bank Reconciliation
Intelligent matching with exception reporting and multi-tab XLSX workbooks.
Xero Integration
Pull trial balances, transactions, invoices, and bank feeds from Xero.
VAT Coding
Automatic VAT categorisation: standard, reduced, zero-rated, and exempt.
Receipt Processing
Upload receipts — AI extracts amounts, dates, suppliers, and categories.
Management Reports
Generate P&L, balance sheet summaries, and cash flow reports from your data.
Frequently Asked Questions
What makes AI bookkeeping different from normal software?
Traditional software records what you type; AI bookkeeping reads your documents. Upload receipts, invoices and statements and TaxStats AI extracts, categorises and reconciles the transactions — you review rather than re-key.
Does TaxStats AI connect to my bank?
Yes — connect your business bank account through secure open banking and transactions flow in automatically for AI categorisation against the HMRC expense categories used in your returns.
Can it work alongside Xero or QuickBooks?
Yes — TaxStats AI connects to Xero, QuickBooks, Sage and FreeAgent, reading your existing ledgers so the AI can answer questions, reconcile, and prepare documents from live data.
Automate Your Bookkeeping Today
Join UK businesses saving hours every week with AI bookkeeping. Free plan — no credit card needed.