Comment by ivababukova

2 days ago

Sure! In classic accounting firms you'd typically have one accountant doing the books and then the other reviewing the first accountant's work. Given the model's accuracy (and models will only get better), only by automating the "doing" and keeping a human to do the review part we will already shave huge amount of time and costs without risking the compliance part.

What if the model misses something entirely, so it's not in the review? ;)

  • It is given a list of transactions as an input. If it misses one or more of them, that will be noticeable immediately. In the VAT return, one can see if something is missing very easily if the numbers do not align.