Overview of Kick: Self-Driving Bookkeeping Solution

Kick is a self-driving bookkeeping software designed to automate financial management tasks for entrepreneurs and accountants. The platform leverages artificial intelligence to streamline the categorization of business transactions, ensure accurate deductions, and provide comprehensive financial insights. Kick is developed to assist modern business owners in focusing more on their core activities by reducing the time spent on bookkeeping.

Key Features

Auto-Categorization: Transactions are automatically categorized in real-time, with each entry reviewed by an expert to ensure accuracy.
Deduction Optimization: The software identifies potential deductions, including those that are commonly overlooked, such as home office expenses, vehicle costs, and travel expenses.
Custom Rule Adaptation: Users can customize and adapt suggested rules to better fit their specific business needs and personal preferences.
Financial Insights:
- Revenue Insights: Users can create custom revenue lines to track income sources monthly.
- Expense Monitoring: Kick provides a detailed monthly breakdown of expenses by vendor, helping users identify and reduce unnecessary spending.
- Unlimited Entities: The platform offers insights across multiple business entities without additional costs.
Accountant Collaboration:
- Dual-Entry Accounting: Supports collaboration with tax advisors or CPAs.
- General Ledger: Facilitates the creation of multi-entity journal entries that are always balanced.
- Tax-Ready Financials: Generates Profit & Loss and Balance Sheet reports that are ready to be shared with accountants.
- Multi-Entity Accounting: Manages intercompany receivables, payables, and other transfers efficiently.

User Testimonials

Shaan Puri (Podcaster at shaanpuri.com): Credits Kick for significant savings and improved financial management.
Noah Gamble (Pest Control at aspest.com): Highlights the ease of transition to Kick and the user-friendly nature of the platform.
Jason Feifer (Entrepreneur at entrepreneur.com): Appreciates the simplicity and effectiveness of Kick after a product demonstration.
Scott Hoover, CPA (hooverfinancialservicesinc.com): A veteran tax CPA impressed by Kick's capabilities.
Sandra Scaiano (Web Designer at sandrasky.com): Praises the easy platform migration and supportive onboarding process.
Tyler Suomala (Architect at growthitect.com): Finds the tool extremely easy to use and effective for real-time, automated bookkeeping.

Funding and Support

Kick has successfully raised $9 million in funding from notable investors including OpenAI and General Catalyst, along with contributions from over 50 angel investors. This financial backing underscores the market's confidence in Kick's approach to automating bookkeeping tasks.

Conclusion

Kick offers a robust solution for automating bookkeeping processes, making it a valuable tool for business owners and accountants looking to optimize their financial management practices. With its AI-driven features and user-centric design, Kick helps users maintain accurate and up-to-date financial records with minimal manual intervention.