Bookkeeping does not have to mean spending hours sorting transactions, matching payments, and preparing financial reports. AkountFly is AI bookkeeping software designed to simplify these everyday accounting tasks while helping businesses keep a clearer view of their finances.
From bank feeds and reconciliation to invoicing, tax management, multi-currency accounting, and financial reporting, AkountFly brings essential financial tools into one platform. Here is how its features work together to make bookkeeping more straightforward for modern businesses.
AI-Powered Bookkeeping That Works With Your Bank
AkountFly starts with a simple setup. Businesses can connect a bank account or upload a bank statement, invoices, and bills. Once connected, the platform uses AI to draft accounting entries and suggest classifications for transactions.
The process is designed around three steps: connect, confirm, and understand. After connecting a bank, AkountFly drafts entries with a reason for each suggestion. Users can review the recommendations, approve them, or make changes. The platform can then remember those corrections for future transactions.
This approach keeps users involved while reducing the need to manually classify every transaction. AkountFly also supports bank reconciliation, General Ledger management, journals, and double-entry accounting as part of its broader accounting tools.
Invoicing and Payments Stay Connected
Invoicing is another part of the accounting workflow that AkountFly brings into the same platform. Businesses can create professional invoices and include payment links that can be shared through WhatsApp or email.
When a customer pays, the incoming money can be matched to the corresponding invoice. This helps connect the sales and payment sides of the bookkeeping process instead of requiring users to track them separately.
AkountFly also supports bills and purchases, with AI-assisted extraction and category suggestions. Documents such as receipts and statements can be scanned and processed, helping users bring financial information into their books without relying entirely on manual data entry.
Financial Reports and AI Insights Make Numbers Easier to Understand
Keeping books updated is only useful when businesses can understand what the numbers mean. AkountFly provides financial reports including Profit and Loss, Balance Sheet, Trial Balance, Cash Flow, and Tax Reports.
The platform also includes an AI CFO that can answer questions using live financial data. Users can ask questions about their business finances and receive answers supported by charts and reports. These responses are based on the current books, giving users another way to explore their financial information without manually searching through multiple reports.
For businesses working with accountants or partners, AkountFly also supports role-based access. Users can invite an accountant or partner to collaborate on the books, while comments can be added to entries when further discussion is needed.
Ask AkountFly Provides Real-Time Accounting Assistance
Not every accounting task is easy to understand, especially for people without an accounting background. AkountFly includes an AI co-pilot that provides help directly within the platform.
Ask AkountFly can explain pages, fields, and numbers in plain language. It can also guide users through tasks step by step and flag issues that may need attention. For financial analysis, users can access the AI CFO for questions based on their live books.
The platform also includes vision-enabled assistance. Users can paste a screenshot, allowing the AI to interpret what they are looking at and provide relevant guidance. This gives users another way to get help without having to navigate through separate support resources.
Multi-Currency Accounting for Businesses Across Regions
AkountFly is built to support businesses operating across different currencies and regions. The platform provides multi-currency accounting, allowing businesses to create invoices in different currencies while handling foreign exchange revaluation automatically.
Currency support includes more than 150 currencies, with exchange rates refreshed daily. This can be useful for businesses that invoice customers or manage transactions in multiple currencies.
AkountFly also provides tax tools for different regions, including VAT, withholding tax, and sales tax functionality. Payroll management is available on Growth and Pro plans, with support across the US, UK, South Africa, Kenya, Nigeria, Ghana, Tanzania, and other supported regions.
Accounting Features Built for Growing Businesses
AkountFly combines AI-assisted bookkeeping with traditional accounting functions, giving businesses access to a broader set of financial tools within one platform. Core features include:
- Full double-entry accounting, Chart of Accounts, General Ledger, and bank reconciliation
- Professional invoices and bills, financial reports, tax tools, and bank statement uploads
- Fixed asset and depreciation tracking, investment and loan schedules, and inventory management
- Multi-currency accounting with automatic FX revaluation and automated month-end journals
- Scheduled email reports and payroll management on Growth and Pro plans
Flexible Plans for Different Business Needs
AkountFly offers three main plans: Starter, Growth, and Pro. Each plan includes core accounting features, while the differences focus on AI Assist usage, team members, and connected bank accounts.
Starter costs $15 per month and is designed for freelancers and solo businesses. Growth costs $39 per month and is aimed at growing teams, while Pro costs $79 per month for established companies and agencies.
Every plan includes Smart Match, which provides unlimited categorization based on rules and transaction history. AI Assist is used when the platform encounters something new and supports functions such as bank feed processing, invoice and bill extraction, document scanning, budget generation, variance analysis, compliance checks, and AI Advisor conversations.
All plans also come with a 3-day free trial and can be cancelled at any time.
A More Connected Approach to AI Bookkeeping
AkountFly brings bookkeeping, accounting, invoicing, tax tools, reporting, and financial assistance together in one platform. Its AI features are designed to handle repetitive accounting tasks while keeping users in control of the final information recorded in their books.
That balance is particularly important when using AI for financial data. AkountFly's AI classifications are suggestions that users can approve, reject, or override before they are posted to the ledger. This gives businesses the convenience of AI assistance without removing user control over their accounting records.
With bank feeds, reconciliation, multi-currency support, financial reports, invoicing, and real-time AI assistance, AkountFly provides a single environment for managing key bookkeeping and accounting activities.
Final Thoughts
AkountFly takes a more automated approach to everyday bookkeeping by combining AI-assisted transaction classification with essential accounting tools. Businesses can connect their banks, review suggested entries, manage invoices and bills, reconcile transactions, generate reports, and explore financial data through AI-powered assistance.
For businesses looking to simplify bookkeeping while keeping access to comprehensive accounting features, AkountFly offers a practical way to bring these workflows together. Explore AkountFly and start the 3-day free trial to see how its AI bookkeeping software can fit into your business's financial workflow.
