Frequently Asked Questions

Last Updated: May 7th, 2024.

What is Accountail?

Answer: Accountail is the smartest AI-powered software designed for accountants and auditors, to help create detailed accounting reports and analyses from in-house or client business data. Our robust tool simplifies the process of producing detailed reports and analytics, drawing from accounting data of either in-house or client businesses. By leveraging the capabilities of Accountail, users can craft an array of specialized reports such as financial analysis, variance analysis, and analytical reviews, to name a few.

How does Accountail work?

Answer: Users simply upload required and optional documents in any of the supported file formats, and Accountail's AI will analyze all the data and generate an insightful report useful for decision-making and compliance.

What types of reports can Accountail generate?

Answer: Accountail supports over 50 comprehensive accounting reports ideal for Auditors, Managerial Accountants, Financial Accountants. Here's a list of most of the reports that Accountail can help generate for Accountants:

What file formats does Accountail support for input?

Answer: Accountail supports various file formats, including: .txt, .csv, .md, .json, .html, .htm, .pdf, .docx, .xlsx, .pptx, .odp, .odt, .ods, .ofx, .xml, .xsl, .xslt, .xsd, .wsdl

What formats does Accountail support for output?

Answer: You can always view the AI-generated accounting reports on the Accountail web app. You can also download the report as a .docx file (Microsoft Word). You may also copy parts of the report by selecting and copying. You can also copy the whole report to clipboard with a single tap on the copy button.

How many reports can I generate with Accountail?

Answer: Accountail enables the generation of an unlimited number of reports. However, please note that each report is counted towards your monthly report quota, as determined by your subscription plan. Should you require additional reports, you have the flexibility to upgrade, downgrade, or modify your plan to increase your monthly report allowance.

Accountail wrote a report for me but I need some minor fixes?

Answer: Accountail offers a distinctive feature that allows you to request the regeneration of accounting and auditing reports, incorporating any minor revisions or notes you provide, at no extra cost. This service is available once per report. It's important to note, however, that while you can make amendments to the reports, you cannot abuse this feature to generate different reports.

Is Accountail secure for handling sensitive financial data?

Answer: Yes, Accountail ensures secure processing and handling of sensitive financial data with the utmost confidentiality. Your files and reports are ONLY visible to you. Users maintain a password-less account where they are emailed a link to sign-in, for added security.

Who can benefit from using Accountail?

Answer: Designed for versatility, Accountail is the ideal solution for accountants and auditors across the spectrum. Whether you're part of a large multinational firm or a dynamic small business accounting team, Accountail empowers you to elevate your productivity. It's perfectly suited for professionals dealing with clients of any size, from ambitious startups to rapidly expanding enterprises.

What level of accuracy can you expect from Accountail's reports?

Answer: Accountail, powered by advanced AI technology, is dedicated to delivering highly accurate accounting reports. Our platform is designed to maximize precision based on the data you provide. However, the nuanced nature of accounting and auditing means that professional oversight is essential. Even AI can make mistakes. We encourage accountants and auditors to thoroughly review and verify all numbers and text in each report. To facilitate this, Accountail provides reports in editable formats, like .docx, rather than final versions like .pdf. This ensures that you have full control to refine and customize your reports, guaranteeing accuracy that meets your professional standards.

Even Accountants Need An AI Sidekick

Writing Accounting Reports Just Got Simpler