Bookkeeping
Books ready to close the day the month ends
AI-native means continuously categorized transactions with accountant sign‑off at month end, not a two-week rebuild.
What is included
Bookkeeping at Cabot
Continuous categorization and reconciliation across bank, credit card, payroll and invoicing
Books kept current under choice of accounting policy (e.g. US GAAP including ASC 606, IFRS)
Balance sheet schedules kept current (e.g. deferred revenue, prepaids)
Month-end signed off by a named accountant
Financial statements from the third day of the next month
International companies and subsidiaries
Report under Canadian/UK GAAP, IFRS and other local rules, for international companies and for US parents with international subsidiaries.
- USD, CAD, EUR and GBP accounts reconciled in the same close
- International subsidiaries consolidated into the US parent’s financials, or vice versa
Who does what
Agents do the work. An accountant signs off.
The same split as every Cabot service, applied here.
Agents
Working continuously to keep books up to date
- Categorize transactions as they occur
- Continuously reconcile every balance sheet account
- Draft schedules such as accruals, prepaids and deferred revenue
- Flag anything unusual or uncertain
Your accountant
Always in the loop to review and ensure quality
- Review everything the agents flag
- Make the judgment calls
- Approve entries before they post
- Sign off on month end and walk you through it
Month end shouldn’t take two weeks
Book a 15-minute call. We look at how your close runs today and tell you what can reliably be automated.