Briefcase glossary
Plain-English definitions of the AI accounting, bookkeeping, and Making Tax Digital terms UK accountants and business owners actually need to know.
AI bookkeeping
Using artificial intelligence to capture documents, classify transactions, handle VAT, and reconcile accounts automatically.
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Making Tax Digital for Income Tax Self Assessment. Quarterly digital updates to HMRC for sole traders and landlords.
Read definitionAI accounting agent
An autonomous software agent that performs accounting tasks — capture, coding, reconciliation, working papers — with minimal human intervention.
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