💼 Product Update — 24/3/2025

Welcome to our weekly product update. Each week, we highlight Briefcase’s latest features and AI improvements designed to make bookkeeping and accounting workflows simpler and more efficient. Here’s what’s new.

Faster, more accurate transaction processing

We’ve rolled out a major update to our transaction processing AI pipeline, making it faster, more accurate, and more consistent. Here’s what’s new:

• Speed boost: Transactions processing now on average takes 60–70 seconds, helping you get through your bookkeeping tasks faster.

• Smarter splitting: Automated line-item splitting based on VAT rate is now more consistent, reducing manual corrections.

• Improved transaction detection: Our AI can now better detect transactions within email bodies and automatically archive emails that don’t contain any transactions, handling edge cases when email body contains just a reference to an invoice or incomplete invoice.

Other things that we’ve shipped

• Private notes in QuickBooks: When publishing to your connected QuickBooks account, the private note (memo) will now include the description field for better record-keeping.

• Bugfix: Fix assigning correct tax amount for transactions that are assigned more complex reverse charge rates in QuickBooks such as 20.0% RC SG

That’s all for this week. Have any questions, ideas or feedback? Hit reply to this email and let us know.