This task can be performed using TaxHacker
TaxHacker: AI accountant that finds deductions humans overlook.
Best product for this task
TaxHacker
tech
TaxHacker is an AI-powered accountant you can self-host or run in the cloud to scan receipts, parse invoices, and organize expenses. It supports multi-currency, crypto, smart reports, and customizable categories, helping freelancers and small businesses streamline bookkeeping and tax prep with strong data privacy.
What to expect from an ideal product
- Upload receipts by photo or scan and TaxHacker reads all the text automatically, pulling out vendor names, amounts, dates, and what you bought without typing anything
- Set up your own expense categories or use the built-in ones, and the system learns your patterns to sort future expenses into the right buckets without you having to do it manually
- Handle invoices in different currencies and even crypto transactions, with automatic conversion tracking so everything gets organized properly regardless of how you paid
- Get smart reports that show your spending breakdown by category, making it easy to see where your money goes and spot potential tax deductions you might have missed
- Keep all your financial data secure on your own servers if you want, or use the cloud version, while the AI continuously improves at catching business expenses that qualify for write-offs
