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Digits
Digits & Dollars: AI Accounting tools Couple with Crypto Uncertainty
Kyle DeCorrevont
June 05, 2025
Digits is a new kid on the block AI accounting platform built for startups and SMBs, automating bookkeeping, invoicing, and bill pay with hella efficiency. Its brand spankin’ new Autonomous General Ledger (AGL), launched in March 2025, uses proprietary AI to categorize expenses, reconcile accounts, and deliver real-time financial insights, cutting boring ass manual work by over 90%.
The AI Invoicing and Bill Pay features make accounts receivable and payable easier with layout-aware models, offering drag-and-drop approvals and customizable templates. Digits also connects smoothly with QuickBooks, Gusto, and 10,000+ financial institutions for easy data flow.
Digits has a good quote on their website that says, “The most popular SMB accounting software in the US is over 30 years old. The runner up? 20 years. Both rely heavily on manual data entry and archaic tabular interfaces, with limited autocomplete and no underlying intelligence.”
Unlike those outdated competitors, Digits’ sleek, user-friendly interface and AI-driven automation make it a game-changer, handling over 90% of bookkeeping tasks like transaction categorization and real-time insights with proprietary AI trained on $825B in transactions.
However, its heavy reliance on AI means you must trust its accuracy to avoid audit failures, though human CPA oversight in the Full-Service plan mitigates this risk. This is a US-only focused business and cost might deter smaller firms.
Priced at $100/month for AI Accounting and $350/month for the Full-Service plan, including dedicated accountants, with a 14-day free trial, it’s worth it for started-ups to test the platform out in my opinion
Interested in Digits?
Visit https://www.digits.com for more details.
Youtube Video of the Week
Quick take on how private equity is snapping up traditional accounting firms in the US and UK, and why the classic partnership structure in accounting firms is fading fast.
In my opinion, private equity tends to turn small businesses to shit. Small accounting firms can thrive by keeping their unique character and culture while upgrading their accounting software and tools
That's where we come in to help!
Crypto Corner
Crypto markets took a hit this week, and I think it’s because people are just confused about the economy right now. Tariffs are stuck in neutral—Trump’s been pushing hard, but China’s Xi ain’t budging, and the OECD’s saying his trade plans could drag global growth to its slowest since COVID.
That “Big Beautiful Bill” of Trump’s is catching flak too, with even Elon Musk, his old buddy, calling it a “damn abomination” for piling on $2.3 to $5 trillion in deficits.
All this government spending like there’s no tomorrow has markets nervous about what’s coming. Plus, crypto’s getting rattled by Trump’s $2.5 billion Bitcoin buy not pushing prices past $110k like some hoped, and tariff talk stirring up inflation fears that could lead to tighter Fed moves.
On the flip side, those tax cuts in the bill might put some extra cash in people’s wallets, and I’d be willing to bet a chunk of that’ll flow into crypto, possibly pushing prices up.(I know where my extra tax-cut money will be going)
We’re in a holding pattern till the political mess in D.C. sorts itself out. My take—not financial advice, just sayin’—is to hang onto your crypto and keep a close watch on the markets. Could go up, could go down, all depends on what Washington spits out of their shit mouths.
One thing I know for sure: crypto’s here for good, and those who see its real potential are in it for the long game.
But let’s be real—crypto is not for pussies
Always keep your crypto safe—don’t leave it on exchanges. Move it to a hot or cold wallet for better security.
Check out the links below for some of the top cold wallets available right now.
DCD Bookkeeping
At DCD Bookkeeping, we’re all about making your accounting easier by using the best features of QuickBooks and smart AI tools to keep things accurate and efficient.
We handle everything from sorting transactions to creating clear financial reports, so your books stay organized, tax time feels less overwhelming, and you have more time to focus on growing your business.
We’re always looking for new ways to improve our services, ensuring we deliver top-notch accuracy and value for you.