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What data does the AI Receipt Analyzer transcribe?

Disclaimer: FlipperForce does not provide tax, legal, or accounting advice. This report and FAQ are for informational purposes only and should not be soley relied upon for tax compliance. Because IRS rules are complex and subject to change, we strongly recommend consulting with a qualified tax professional or accountant before making business decisions or filing returns.

The AI is built to read all key transaction details, including:

  • Transaction Data: Date, Invoice/Reference #, Company/Vendor, and Payment Accounts.
  • Line-Item Details: It intelligently itemizes every individual item on the receipt, capturing the description and amount.
  • Automatic Categorization: The AI attempts to map each item to the correct Project Category (e.g., Painting, Tiling) and Class (e.g., Labor, Material, Other).

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