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- Xbert
XBert is a nifty AI tool that works with ledger platforms like QuickBooks and Xero to keep your accounting data clean and accurate. It breaks down complex financials, like profit and loss or balance sheets, into simple, easy-to-understand reports.
Launched in the US in 2024, XBert is packed with features to make accountants’ lives easier. It runs automated checks to catch data errors, helps manage workflows, and has a smart AI alert system. You can set up custom notifications with prompts similar to those in AI chat tools to stay on top of what’s happening in your clients’ books—whether it’s spotting duplicates or flagging odd transactions. XBert scans files multiple times a day, with over 80 built-in risk alerts for things like GST mix-ups or invoice issues.
By catching details that humans might miss, XBert helps accountants give sharp, data-backed advice to clients. It offers powerful extras like client portals and task automation to streamline your accounting work.
Xbert is a game-changer for accounting pros looking to level up their advisory game and impress their clients.
XBert’s monthly billing includes a user fee of $22.31 USD ($34.80 AUD) per user, covering AI-driven workflow automation, templates, and all features.
Client ledger data plans range from $5.39 USD ($8.40 AUD) for Micro (0-100 activities) to $76.21 USD ($118.80 AUD) for Enterprise (4,000+ activities) per client, with unlimited AI alerts, 26+ reports, and a client portal. An activity is any journal transaction, like invoices or payroll.
A 14-day free trial is offered for new users, and a 7-day trial for existing customers’ new files, no credit card required.
Check out Xbert here
Youtube Video of the Week
Loved this take on how AI’s shaking up accounting. She says 75% of accountants are retiring in the next decade, and AI’s gonna help fill that gap.
She breaks down 4 “boxes” in accounting that AI might hit: data collection, research, report generation, and client advising. Her thoughts on how AI impacts these three separate “boxes” are super interesting.
Definitely for the accounting dorks, but a solid listen overall. Check it out!
Crypto Corner
Holy shit, what a wild fucking week!
With bombs dropping in the Middle East, Trump threatening to jump into the fray, and Jerome Powell digging in his heels on interest rates—despite my take that they could easily drop by half a percent (and yeah, that’s plausible; the Fed’s just playing it cautious for now)—you’d think the markets would be a complete shitshow.
But the crypto markets? They held up way better than I expected.
Despite all the chaos and the world teetering on the brink of WW3, the numbers didn’t crash and burn
Bitcoin (BTC): Down -1.2%, closing at $103,646.36 on June 18. A slight dip, but nothing catastrophic.
Ethereum (ETH): Gained +0.5%, hitting $2,765. ETH said "fuck the noise" and eked out a gain.
XRP: Dropped -2.3%, ending at $2.14. Took a bigger hit, but still hanging in there.
Solana (SOL): Gained +1.1%, closing at $150. A solid win for the week.
Things could get ugly fast, though, and we’re all praying Trump doesn’t stir the pot further by diving into Iran’s nuclear mess—that’s the last fucking thing this already unstable world needs. Despite the global shitstorm, crypto’s holding its ground, and with some smart moves, it could stabilize and keep pushing upward.
On the positive side of things Franklin Templeton shook things up by submitting ETF proposals for XRP and Solana to the SEC, with a decision looming by July 2025 that could unleash a flood of institutional cash.
Solana’s ecosystem is absolutely crushing it, boasting a market cap near $85 billion and trailing only Ethereum in decentralized app activity, while whispers of U.S. spot Solana ETFs have folks buzzing.
Meanwhile, institutional inflows of $1.3 billion for Bitcoin, $583 million for Ethereum, and $11.8 million for XRP prove big money’s still got faith, keeping the market from totally losing its shit.
With all this good shit happening, it’s hard not to feel a spark of optimism, but the global uncertainty’s a real buzzkill. The best we can hope for is Israel and Iran striking a deal to cool tensions, letting the markets catch a break and surge upward and remember to always secure your crypto off exchanges. Check out links below for the best cold wallets on the market
DCD Bookkeeping
At DCD Bookkeeping, we’re all about making your accounting as smooth as possible. We use QuickBooks and AI tools to keep your books spot-on and your life easier. From sorting out transactions to sending out monthly financial reports, we’ve got you covered!
AI Integration Assistance
Interested in bringing AI into your accounting department?
We’ll dive into your operations, pinpoint the best AI tools for your team, and keep things running smoothly with our monthly support and monitoring services if needed
Hop on the AI train now before you get left behind!
Whether you need a one-time cleanup, ongoing support, or a deep dive into AI, we’re here to deliver top-notch results.