What is Novo Bookkeeping?

Novo Bookkeeping is a free feature with your Novo account that helps you track and organize your transactions.

It organizes your financial activity for a fuller, clearer view of your finances.

What it does:

AI-powered categorization: Transactions are automatically assigns a tax-friendly category, saving you from sorting through spreadsheets.

Custom Rules: For any transactions that need more specific tracking, you can create custom Rules to instantly categorize them (such as automatically assigning every charge from a specific vendor to a custom expense category).

External Account Syncing: If you link your other business checking or credit card accounts, Novo will automatically pull in those transactions, categorize them, and include them in your reporting.

Instant Financial Insights: Because your transactions are categorized automatically, your Financial Insights reports are always up to date—letting you easily see your profit and loss and top expenses so you are perfectly prepped for tax season!