Modern accounting practice

Accounting, elevated by AI.

Monthly accounting, management reports, annual financial statements, and AI integrations for Xero and QuickBooks.

Monthly close / Management insight / Xero & QuickBooks

Purple Hat, a friendly ghost in a purple fedora

About

About the practice

Books kept current. Reports leadership can use.

Purple Hat is an accounting practice for small and medium enterprises. We specialize in streamlining accounting record-keeping, producing monthly management reports, and preparing annual financial statements. Work performed by our accountants is reviewed weekly by a Chartered Accountant who is your point of contact. We use AI integrations with Xero and QuickBooks to optimize the accounting function.

01

Timely close

Accounting entries are posted daily and reviewed weekly by a Chartered Accountant. We aim to close the month within one week, with reports generated on completion.

02

Clear reports

Performance, cash, and margin, written for the people running the business. Reports are tailored to your specific needs.

03

Checkable systems

Xero and QuickBooks stay the system of record. Workflows leave a trail you can check.

04

One practice

The same person closes the books and explains them.

What I Do

Keep. Reveal. Amplify.

Three parts of the work.

01

KEEP

Accurate books.

I code transactions, reconcile accounts, and close each month.

02

REVEAL

Useful reports.

Management reports and financial statements that show what changed in cash and margin.

03

AMPLIFY

Less retyping.

AI integrations for Xero and QuickBooks. A person still checks the numbers.

Services

Featured services

Xero and QuickBooks stay the system of record.

Monthly

Monthly accounting

Bank and balance-sheet reconciliations, coding, and a monthly close.

Monthly

Monthly management reports

Performance, cash, margin, and the variances that need a decision.

Periodic

Financial reporting & statements

Profit and loss, balance sheet, and cash flow for boards, lenders, and investors.

Xero · QuickBooks

AI integrations

Connect your website to Xero or QuickBooks. A person still checks the numbers.

Thinking Hat App

A client dashboard for live figures.

Thinking Hat is a private app for approved clients.

The dashboard gives you realtime financial data: cash, revenue, expenses, and invoices, updated as the books move. You can read billing and request a build for a site or an integration.

Xero and QuickBooks stay the system of record. A person still checks the numbers.

Thinking Hat Login
  • Dashboard. Cash, revenue, expenses, and what you are owed.
  • Billing. Draft, sent, and paid invoices in one list.
  • Request a build. Ask for a website, an integration, or a report pack.

Engagement

Book a call.

Tell me how the books are kept and what you need each month.