SCARLETT Books makes bookkeeping and accounting simple and easy-to-use
Our automated bookkeeper Scarlett takes care of your bookkeeping and accounting needs so that you can stay focused on your business.
Our platform can handle as many businesses as you have - and all for one low rate.
Additionally, our platform and cash flow technology monitors cash flow from three different standpoints:
- All companies combined
- Each Individual Company
- Each Bank & Credit Account
This allows you to know from a cash flow standpoint the exact state of all of your businesses combined, the status of each individual business, and the status of each bank and credit account independently.
Yes! Multiple times per week we have live webinars where we will answer your questions live.
To ensure that your business(es) are up-to-date, you simply need to:
1) Keep your projected income and expenses current.
2) Complete Scarlett’s Review weekly or monthly, depending on your account activity.
By enacting these two items all of your businesses will stay up-to-date, with meaningful projections and your documentation in order.
Yes! There are two different ways to share financial information:
- Share information about any one of your companies by selecting a report (or a predefined report packet), and then enter the recipient’s email address to send the information.
- You may give the third party access to your SCARLETT account.
Simply put, it's up to you! Scarlett will download your transactions every 24 hrs., review each transaction for missing information & deductibility, and then categorize each transaction for you. Scarlett will also automatically predict your cash flow everyday for the next 30 days - on a daily basis. Additionally, Scarlett will notify you of any other potential issues detected during Scarlett’s daily 24 hour Review. Finally, every month Scarlett will also auto-reconcile each account and update you if there are any discrepancies.
If you feel like you need additional support depending on your specific circumstances, you may want to consider hiring a bookkeeper to further assist you.
Yes! Not only will we calculate your federal estimated taxes, we will also provide you with step-by-step directions and examples of how to easily complete your federal estimated tax payments online.
Yes! SCARLETT Books was created with tax time in mind. Our categories were designed to easily transition information from your company books to your company taxes.
Not only do we have tax reduction-friendly categories, but our AI accountant helps identify deductible expenses versus non-deductible expenses, balance sheet items versus profit & loss items, and much more!
Yes! Our AI accountant reviews each and every transaction and identifies which transactions require additional documentation for it to be deductible by the IRS.
Furthermore, Scarlett walks you through what documents and/or pieces of information you need for the transaction to be deductible.
Scarlett can download up to two years of transaction history directly from your bank account or financial institution to IBG Books.
You are also able to upload transaction history using an excel file through our Upload process.
If your current or previous bookkeeping held in a different platform is correct, then vendor and profit & loss information can be uploaded via an excel file.
If the books are incorrect, it is easier to download information directly from the bank or via excel.
Scarlett will proactively take care of your business, notify you of all important items, and keep you in compliance so you can do more of what you love.