Kick | Self-Driving Bookkeeping

Description

Kick is an AI-powered accounting software designed to act as a personal bookkeeper for modern entrepreneurs and accountants. It aims to automate business finances, allowing users to focus on growth rather than manual bookkeeping tasks. The platform has garnered significant support, raising $20 million from over 5,000 business owners and accountants.

At its core, Kick offers "self-driving bookkeeping," meaning the software performs many accounting functions automatically. Key features include auto-categorization of business transactions in real-time, with an added layer of expert review for accuracy. It also specializes in identifying and handling often-missed deductions, such as those related to home offices, vehicles, and travel expenses. Users can customize suggested rules to align with their specific business and personal financial needs, ensuring they remain in control.

Kick provides valuable financial insights to help businesses understand their performance. Users can create custom revenue lines to track income sources and monitor spending with detailed monthly breakdowns by vendor across multiple accounts or businesses. The platform supports unlimited entities, allowing users to gain insights across all their business structures without additional cost. It is also accountant-approved, featuring a general ledger for creating multi-entity journal entries and generating tax-ready financial statements like Profit & Loss and Balance Sheets.

The platform is built for the modern business owner, emphasizing ease of use and efficiency. Testimonials highlight significant time savings and financial improvements. For instance, Shaan Puri reported saving $30,000 in 30 minutes by stepping up his financial hygiene. Noah Gamble noted an easy transition and time-saving automations after switching from a previous bookkeeping company. Jason Feifer found the product so simple and easy that it made him laugh out loud, replacing his previous bookkeeping frustrations.

Accountants and CPAs also find value in Kick. Scott Hoover, CPA, a 20-year veteran, described it as a "game-changing accounting platform." Sandra Scaiano found the platform easy to move to and set up, feeling secure and informed. Tyler Suomala, an architect, found the tool "laughably easy to use" and was able to immediately replace QuickBooks Online, with bookkeeping done automatically, error-free, and in real time.

Kick's Core Features

• Self-driving bookkeeping automation

• Real-time transaction auto-categorization

• Expert review for transaction accuracy

• Identification of missed tax deductions (home office, vehicle, travel)

• Customizable rule adaptation for business needs

• Revenue line creation for income tracking

• Monthly spending breakdowns by vendor

• Support for unlimited business entities

• Multi-entity accounting for intercompany transfers

• Accountant-approved general ledger

• Creation of multi-entity journal entries

• Generation of tax-ready Profit & Loss statements

• Generation of tax-ready Balance Sheets

How to use Kick?

1. 1

   Personalize actions: Set up custom rules for your business and life.

2. 2

   Automate categorization: Get transactions categorized in real-time and reviewed.

3. 3

   Identify deductions: Ensure easy-to-miss deductions are handled.

4. 4

   Gain insights: Create revenue lines and monitor spending with monthly breakdowns.

5. 5

   Manage entities: Utilize multi-entity accounting for all your businesses.

6. 6

   Prepare for taxes: Generate tax-ready financial statements for your accountant.

Kick's Use Cases

• Automated Bookkeeping
• Tax Deduction Identification
• Financial Performance Tracking
• Multi-Entity Management
• Accountant Collaboration
• Expense Monitoring

FAQ from Kick

• What is Kick's primary function?

  Kick's primary function is to provide self-driving bookkeeping, automating accounting tasks for entrepreneurs and accountants.

• How does Kick automate bookkeeping?

  Kick automates bookkeeping through real-time transaction categorization, identification of deductions, and customizable rule adaptation.

• Can Kick help identify tax deductions?

  Yes, Kick is designed to identify and handle easy-to-miss deductions like home office, vehicle, and travel expenses.

• Is Kick suitable for businesses with multiple entities?

  Yes, Kick supports unlimited entities and offers multi-entity accounting for intercompany receivables, payables, and transfers.

• Does Kick provide financial insights?

  Yes, Kick offers revenue insights through custom revenue lines and spending monitoring with monthly breakdowns by vendor.

• Is Kick approved by accountants?

  Yes, Kick is described as accountant-approved and provides tax-ready financial statements.

• What financial reports can I generate with Kick?

  You can generate tax-ready Profit & Loss statements and Balance Sheets with Kick.

• Can I customize Kick's rules?

  Yes, you can adapt suggested rules to your specific business and life circumstances.

• What is the benefit of auto-categorization?

  Auto-categorization helps get your business transactions categorized in real-time and reviewed for accuracy, saving time and reducing errors.

• How does Kick help monitor spending?

  Kick helps monitor spending by providing monthly breakdowns by vendor across one or multiple accounts or businesses.