Bookkeep

Overview

Bookkeep is an automated accounting and financial operations platform built specifically for e-commerce, retail, and multi-channel businesses. The platform automates revenue recognition, sales tax compliance, payout splitting, and daily summary journal entries across various sales channels. By directly linking point-of-sale systems and online platforms to general ledgers like QuickBooks and Xero, Bookkeep eliminates manual data entry. It provides finance teams with daily financial clarity, accrual accounting accuracy, and streamlined month-end closes.

What it does

• Automates summary daily journal entries into general ledgers from e-commerce and payment platforms.
• Splits payouts, handles deposit reconciliations, and tracks fees across multi-channel sales outlets.
• Provides automated sales tax calculation, filing, and remittance support across all 50 U.S. states.
• Syncs revenue data on an accrual basis for accurate daily financial reporting and accounting compliance.

Who it's for

• E-Commerce & DTC Merchants
• Multi-Channel Retail Businesses
• Accounting & Bookkeeping Agencies
• Franchise & Multi-Location Operators

Why it works

• Daily summary journal posts keep general ledgers light and clean without clogging systems with individual transactions.
• Automated payout splitting and accrual summaries reduce human errors in end-of-month reconciliations.
• Broad multi-channel integrations eliminate manual CSV downloads across disparate e-commerce platforms.
• Specialized focus on retail and e-commerce compliance solves state-by-state sales tax obligations seamlessly.

Founder story

Bookkeep was founded in 2018 in Brooklyn, New York, by Jason Richelson and Ruth Ku. Originally operating as a local bookkeeping firm, the founders recognized how much time was lost to manual data entry when reconciling e-commerce sales. In 2019, they launched their first automation app in the QuickBooks store for Square. Seeing rapid demand during the e-commerce boom, they expanded into an automated financial operations platform for multi-channel merchants.

Alternatives

• A2X
• Synder
• Webgility
• Greenback

Comparison overview

• Bookkeep automatically posts summary daily accrual journal entries to general ledgers, whereas tools like Synder often process individual transactional records directly into the ledger.
• Bookkeep offers built-in multi-state sales tax filing and remittance automation, unlike standard accounting connectors that only transfer transactional data without tax compliance support.