Collect the awkward files.
CSV, Excel, PDF statements, invoice images, receipts and marketplace exports. Absorb the mess before it reaches the reviewer.
- Bank PDFs and CSVs
- eBay, Amazon and PayPal feeds
- Receipt and invoice OCR
For accounting practices · The IQ Suite · Live
Turn the client month into a controlled production line.
IQ Books keeps client ledgers itself. ReconcileIQ proves the bank agrees to the books. CodeIQ codes, checks VAT, matches invoices and posts after review. LedgerIQ turns the finished ledger into analysis your clients can understand. PrepIQ prepares the year-end working papers. One suite for the work your team repeats every month, with your judgement kept where it belongs.
10
Client sessions in parallel
8
Coding phases behind every suggestion
44
LedgerIQ analysis modules
£0
Per client ledger on practice plans
Market signal
ICAEW reports 80% of mid-tier firms treating integration or automation as a high-priority technology investment.
Client expectation
Clients want current data, fast answers and fewer manual hand-offs, not another spreadsheet chase.
Control point
ACCA's AI guidance is clear: efficiency gains still need human judgement and oversight at critical points.
§ 01 · The difference
Same client month.
Your team stops keying it.
Here is one client's routine month, done by hand on the incumbents, and done through the suite.
By hand on Xero · QuickBooks · Sage
With The IQ Suite
Coding the bank
× A junior, line by line
✓ Eight-phase pipeline prepares the batch
VAT treatment
× A code picked on every line
✓ Classified and flagged for review
Bank reconciliation
× Tick-and-bash against the statement
✓ Matched with evidence, gaps surfaced
Ten clients at once
× Ten browser tabs and a prayer
✓ Ten concurrent sessions, independent state
Client explanation
× A TB export and an email
✓ 44-module analysis and a board pack
Year-end working papers
× A week in spreadsheets
✓ PrepIQ prepares them; you review and sign
Client software cost
× A per-client licence, every month
✓ A free IQ Books organisation per client
Who does the work
× Your team
✓ The suite prepares; your team reviews and signs
Clients stay where they are: CodeIQ posts to Xero, QuickBooks, Sage or Pandle. Or move a client to IQ Books and the same bookkeeper runs natively in its own ledger.
§ 02 · The practice month
One flow from statement to client conversation.
The highest-value software for a practice is not another isolated feature. It is the operating model: how a junior, reviewer, partner and client move from raw bank data to posted books and useful advice without losing control.
Reconcile before coding.
ReconcileIQ compares bank and books, finds missing items, duplicates and timing differences, then keeps the evidence visible.
- Bank vs books evidence
- Invoice-to-payment matching
- Exception notes for review
Let CodeIQ prepare the batch.
Eight phases contribute to every suggestion, from transfer detection to VAT classification, before anything posts.
- Eight-phase pipeline
- VAT review built in
- Human sign-off before posting
Turn the GL into a meeting.
LedgerIQ reads the finished ledger and creates the ratio pack, variance story, anomaly flags and board-ready PDF.
- 44 analysis modules
- Board-ready PDF pack
- RiQ narrative drafted
Build the year-end working papers.
PrepIQ takes the client's records and prepares the full working-papers set, cell-linked and ready for your review.
- ETB, fixed assets, capital allowances
- HP, loan and completion reconciliations
- Nothing released until you sign off
§ 03 · Capacity without chaos
Do not make the team wait for one client at a time.
CodeIQ runs up to 10 client sessions in one browser. Each keeps its own platform, files, progress, review status and posting results, so your team loads the next client while the current one processes in the background.
Modern practice automation is less about replacing people and more about removing queues: waiting for imports, waiting for bank matching, waiting for the junior to finish the batch before the reviewer can start. And when a reviewer corrects a row, the correction becomes a pattern for future runs, so the suite gets quieter as your practice teaches it.
1 · Transfers
2 · Invoice match
3 · Client history
4 · Universal patterns
5 · MCC
6 · Semantic
7 · Your corrections
8 · VAT
Practice editionconcurrent client work, credits, seats and admin controls
§ 04 · What the practice actually gets
Reviewable automation, not blind autopilot.
The strongest fit is a practice that wants standardisation: repeatable month-end production, visible evidence, learned coding corrections and better client conversations after the bookkeeping is done.
IQ Books · The flagship · Live
Client ledgers that keep themselves.
A complete double-entry platform: sales invoicing, bills, banking, VAT, stock, fixed assets with automatic depreciation, projects and multi-currency. RiQ, the bookkeeper built in, codes the bank, sorts the VAT, matches the invoices and keeps every client current, so a routine month is minutes of review instead of an afternoon of keying. Statutory accounts for limited companies are prepared from the ledger as validated iXBRL, ready to file to Companies House.
- A free, full IQ Books organisation for every connected client on practice plans
- The bank coded, VAT sorted and invoices matched before your reviewer opens the file
- VAT returns built as it codes, including reverse charge and postponed import VAT
- Immutable ledger with period locking: a finalised return always ties back to the books
- Learns each client's accounts and your corrections as it goes
- Import from Xero, QuickBooks, Sage or Pandle, one client at a time
Prove the bank.
Match bank statement lines to accounting records, find gaps, handle invoice-payment reconciliation and export the working paper. Direct sync or the usual CSV and PDF bundle.
- CSV, Excel and PDF statement input
- Invoice-to-payment mode
- Exception reporting for review
Prepare the books.
Every transaction carries the method behind the suggestion, so reviewers can interrogate, approve, correct and teach the next run. Posts after your review.
- Posts to Xero, QuickBooks, Sage and Pandle
- Up to 10 concurrent client sessions
- Corrections become practice patterns
Explain the numbers.
Upload the finished GL and produce P&L, balance sheet, cash flow, ratios, working-capital diagnostics, forecasts and anomalies. Every figure resolves back to formulas and ledger inputs.
- 44 financial analysis modules
- Board-ready PDF pack
- Plain-English RiQ narrative
Prepare the accounts.
Hand over a client's records and RiQ prepares the full working-papers set, reviewed and queried like a senior would. Every figure cell-links to its sheet, so nothing is plugged.
- ETB, fixed assets, capital allowances, HP and loans
- Sole trader and limited company accounts
- Nothing released until you sign off
§ 05 · Controls partners care about
Keep the judgement where it belongs: with the accountant.
Review queues
Low-confidence rows, VAT exceptions, unmatched invoices and transfers are surfaced for the person who should make the call.
- Filter by confidence, status, VAT code or account
- Bulk approve clean rows
- Keep edge cases visible
Learning loop
When a reviewer corrects a row, the correction becomes a pattern for future sessions. The suite gets quieter as your practice teaches it.
- User learning overrides generic patterns
- Merchant behaviour follows your coding policy
- Corrections improve future client work
Client narrative
LedgerIQ and RiQ turn the closed month into explanations: why margin moved, what cash conversion did, and which numbers deserve a call.
- Board-ready PDF pack
- Plain-English ratio commentary
- Traceable formulas and inputs
§ 06 · Clients on IQ Books
Every client ledger, included in the plan.
Practice plans provision a free, full IQ Books organisation for every connected client, each with its own login, its own workspace and one-off starter credits. No per-client licence, no pooled credits by default.
Connect the client.
Provision a client account from your practice plan. They get their own login, a full workspace and a complete IQ Books organisation with 1,000 one-off standard and 2,500 bonus credits.
Let the ledger keep itself.
RiQ codes the bank, sorts VAT and matches invoices inside the client's organisation. Sponsor recurring automation from your practice pool only if and when you choose to.
Review from your seat.
Live trial balance, P&L, balance sheet, the VAT position and the ledger behind every figure, with the audit trail intact. A client who arrives on IQ Books can invite you free, any order works.
§ 07 · Practice pricing
Choose by monthly volume and client-account capacity.
Every plan includes the full suite; practice plans add PrepIQ year-end working papers and client provisioning. The real differences are monthly credits, overage rate and how many clients you can connect.
Practice plans · connected clients + PrepIQ year-end
Practice Essential
£39 / month
50,000 credits · up to 50 clients
- Each client gets a free, full IQ Books organisation, their own login and one-off starter credits
- PrepIQ year-end working papers
- £0.001 per credit beyond your allowance, capped, never cut off
Practice Pro · best for firms
£79 / month
150,000 credits · up to 250 clients
- Everything in Essential, with more headroom
- Best fit for multi-person teams running recurring client bookkeeping
- £0.0008 per credit beyond your allowance, capped, never cut off
Enterprise
£199 / month
500,000 credits · up to 1,000 clients
- Designed for large practices, franchises and multi-location teams
- Larger networks by arrangement
- £0.0005 per credit beyond your allowance, capped, never cut off
Not a practice yet? Individual plans
Start free · £01,000 one-off credits, the full suite and one IQ Books organisation on cash accounting. No card.
Starter · £5/mo5,000 monthly credits and one full-accounting IQ Books organisation. For one or two sets of books a month.
Accountant · £15/mo25,000 monthly credits and five IQ Books organisations. For a steady client book.
Connected clients are separate accounts with their own login, full workspace, IQ Books organisation and one-off starter credits. The practice plan governs how many clients can be connected; sponsorship is an explicit top-up from the practice pool. Each PrepIQ year-end job draws 5,000 credits (RiQ default) or 10,000 (RiQ maximum) from your allocation. Full detail on the pricing page.
§ 08 · Questions
What partners and managers usually ask first.
Is this practice management software?
No. It is the work engine underneath client bookkeeping, reconciliation, analysis and the year-end. Use it alongside your existing CRM, deadlines, document portal and practice management stack.
Can we use it if clients are on different platforms?
Yes. CodeIQ posts to Xero, QuickBooks Online, Sage and Pandle, and ReconcileIQ works from CSV, Excel and PDF uploads where a direct connection is not the best route. Clients who move to IQ Books get a ledger that keeps itself, and you can run both side by side.
Does it auto-post without review?
The workflow is built for controlled review. You can approve clean rows quickly, but exceptions, low-confidence coding, VAT questions and invoice matches stay visible for judgement. Nothing invents a figure to force a balance.
What makes it different from a bank rule setup?
Bank rules are usually platform-specific and brittle. CodeIQ's eight-phase pipeline layers transfer detection, invoice matching, client history, universal merchant patterns, MCC categories, semantic matching, your correction history and VAT classification, and every row carries the method behind the suggestion.
Can clients use their own accounts?
Yes. Practice plans connect client workspaces. Each connected client gets their own login, a full workspace and a free, full IQ Books organisation with 1,000 one-off standard and 2,500 bonus credits. The practice owner keeps their own credit allocation unless sponsorship is enabled.
Are practice client accounts pooled credits?
Not by default. Practice credits belong to the owner login, while each connected client starts with 1,000 one-off standard credits and 2,500 bonus credits of their own. A practice can optionally sponsor a target balance from its own pool.
Does the suite prepare year-end accounts?
On practice plans, PrepIQ prepares the full year-end working-papers set from a client's records and supporting docs: records summary, extended trial balance, fixed asset schedule, capital allowances, HP, loan and completion-statement reconciliations, VAT and the tax computation, for sole traders and limited companies. Every figure is cell-linked back to its working sheet, so the set ties out and nothing is plugged. Nothing is released until you review and sign off. Each year-end job draws 5,000 credits (RiQ default) or 10,000 (RiQ maximum) from your allocation.
A client keeps their books on IQ Books. What does that cost the practice?
Nothing. Your seat at a client's IQ Books organisation is free: register a free account and the client invites you from Settings, then Members. The accountant's guide at bankreconciler.app/iqbooks/accountants covers the double-entry guarantees and what you can pull on day one. Any order works.
Is LedgerIQ advice?
No. LedgerIQ applies recognised financial formulas to the client's own general ledger across 44 modules and shows the workings. It helps prepare the analysis and narrative; your practice remains responsible for advice.
Ready when the next month-end starts
Build the practice around review, not rekeying.
Start with one client workflow. Load the statement, reconcile it, code it, post it, then run the LedgerIQ pack. If the reviewer trusts the evidence trail, roll it across the next ten.