ReconcileIQ · for accountants and bookkeepers
ReconcileIQ takes a client from bank line to year end: CodeIQ does the bookkeeping, Bank Reconciler proves the bank, LedgerIQ explains the numbers, PrepIQ prepares the year end, and IQ Books is a ledger with no add-ons to buy. One login, one plan, and it works whether the client keeps their books in IQ Books, Xero, QuickBooks or Sage.
ReconcileIQ
Whichever one brought you here, it's part of the same suite: one login, one plan and one pool of credits. Use one on its own, or run a client's whole year through all five.
Codes the bank through an eight-phase pipeline, holds what it isn't sure of, and posts after your review.
IQ Books, Xero, QuickBooks, Sage, Pandle Bank ReconcilerMatches the statement to the books, finds what's missing or duplicated, and exports the evidence.
Any ledger, or CSV, Excel and PDF LedgerIQ44 modules of analysis and a written client report from the general ledger, with the working shown.
IQ Books, Xero, QuickBooks, Sage, any export PrepIQFull working papers from the client's records, cell-linked and queried the way a senior would.
Any records · UK and Ireland · practice plans IQ BooksDouble entry with invoicing, bills, stock, payment runs and multi-currency built in, and free MTD filing.
Free for one businessNew to using AI in a practice? Read our guide to AI for accountants: where it helps, task by task, and what stays with you.
Simple to run
No bank rules to build first, no separate VAT spreadsheet, no exports passed between tools. Most of the month is already done when you open it, whichever ledger it lives in.
From a bank feed or a statement upload, CodeIQ codes each line with an account, a VAT code and the reason it chose them.
Anything it isn't sure of waits for you, with its confidence and the question it couldn't answer.
Bank Reconciler matches the statement to the books and shows anything missing or duplicated before it matters.
Into IQ Books, or back to Xero, QuickBooks, Sage or Pandle. Nothing goes in until you post it.
LedgerIQ turns the month into a client report. In IQ Books the VAT return builds as you post and files to HMRC free.
CodeIQ · AI-native bookkeeping
CodeIQ is a full bookkeeper, not a suggestion box. It codes the bank, pairs transfers, matches invoices and sorts the VAT, then shows its working so you can check it quickly. It posts to IQ Books, Xero, QuickBooks, Sage or Pandle.
Every line passes through CodeIQ's eight-phase pipeline before it reaches you. Each phase can decide, pass it on, or overrule the one before.
You see how sure it is and which phase decided, so the clear-cut lines can be checked at a glance.
Low-confidence lines are kept out of bulk posting and wait for you, with the question it couldn't answer. RiQ, the built-in reviewer, takes a second look at anything under 70%.
Nothing posts until you post it. On a bank feed you can switch auto-post on for lines at 90% or 95% confidence; it never posts the backlog, and it lists every line it put through.
Correct a line once and the correction is used next time, for that client.
Connect an assistant such as Claude. It can read reports and plan changes; nothing is written until you approve the exact journal it will post.
IQ Books · the ledger
For clients who want a ledger in the suite, IQ Books includes the features you'd normally buy on a higher tier or from a second supplier. Only three things need a paid plan: emailing invoices and reminders, CIS, and Companies House filing.
| Xero UltimateProjects need Ultimate; multi-currency needs Comprehensive (£55) or above | £70.00 |
| Dext, receipt captureBusiness plan, 250 documents a month | £30.00 |
| A2X, eBay settlementsFrom US$29 a month per channel | ≈ £22.00 |
| Supplier payments15 a month included on Ultimate, then 20p each | + usage |
| MTD VAT filing | included |
| Before anyone codes a line | ≈ £122 |
On QuickBooks, stock and projects need Plus at £56 a month, before the same add-ons.
| The full ledgerInvoices, bills, purchase orders, stock, projects | included |
| Multi-currency | included |
| Receipt capture with OCR | included |
| eBay and Stripe feeds | included |
| Payment runs | included |
| MTD VAT and Income Tax filing | included |
| And the coding is done for you | £5 |
Starter includes 5,000 credits a month. Credits only pay for automation: CodeIQ coding a bank line for you uses 4, so that's about 1,250 lines. Coding lines yourself is free and unlimited. The free plan is £0 with everything above; Starter adds invoice email, reminders and CIS.
Competitor list prices checked on the vendors' UK pricing pages on 22 September 2026, excluding VAT and after introductory offers end. A2X prices in US dollars; the sterling figure is approximate. Xero, Dext and A2X are trademarks of their owners.
IQ Books · rigour
AI is only useful in a ledger that can't be talked out of double entry. These rules are enforced by the ledger itself, for people and AI alike.
| Account | Debit | Credit |
|---|---|---|
| 1100 Trade debtors | 1,152.00 | |
| 4000 Sales | 960.00 | |
| 2201 VAT control | 192.00 | |
| Totals | 1,152.00 | 1,152.00 |
Bank Reconciler · LedgerIQ · PrepIQ
The work other bookkeeping software leaves to spreadsheets. All three work whichever ledger the client uses.
Bank Reconciler
Matches the bank statement to the books, finds the missing entries and the duplicates, and exports the working paper.
1 credit per bank line · the ledger side is free
LedgerIQ
Reads the finished ledger and builds the analysis a client meeting needs, with the working behind every figure.
1,000 credits per analysis · re-opening the same period is free
PrepIQ
Hand over the client's records and PrepIQ prepares the full working papers, queried the way a senior would. No other bookkeeping platform includes this.
Practice plans · UK and Ireland · 5,000 credits per job
The cherry on top · IQ Books
VAT returns are built from the ledger as you post and submitted to HMRC from inside IQ Books, on every plan including free. For Making Tax Digital for Income Tax, IQ Books is on HMRC's software list for sole traders' quarterly updates, and that's free too.
Final declarations and property income are not yet available.
For your clients
On a practice plan you can give each client a ReconcileIQ account of their own: their own login, their own IQ Books organisation and 3,500 credits to start. You work in their books as their accountant, and you can top their credits up from your plan whenever you choose.
Pricing
Every plan includes IQ Books, CodeIQ, Bank Reconciler and LedgerIQ. Paid plans add monthly credits and IQ Books organisations; practice plans add client accounts and PrepIQ. Monthly credits refresh and don't carry over.
Prices exclude VAT. Annual billing saves about 15%. Full credit rates on the pricing page.
Questions
It depends on whether you want to move clients onto a new ledger or work on top of the one they already use. IQ Books is a full ledger each client can have, with MTD filing and statutory accounts built in. CodeIQ, Bank Reconciler and LedgerIQ work on top of Xero, QuickBooks, Sage and Pandle, so you can automate without moving anyone. Many practices do both: new clients on IQ Books, existing clients automated where they are.
Yes. One organisation with the full ledger is free for good: invoices, bills, stock, projects, multi-currency, payment runs, receipt capture, and MTD VAT and Income Tax filing. You start with 1,000 credits for the automation; doing the bookkeeping yourself never uses credits. Emailing invoices and reminders, CIS and Companies House filing need a paid plan, from £5 a month.
No. CodeIQ prepares the coding and you post it. Lines it isn't sure of are held back from bulk posting. On a bank feed you can choose to switch on auto-post for lines at 90% or 95% confidence; it's off until you do, it never posts the backlog, and every line it posts is listed for you.
At top speed it codes up to 50 bank lines a second, each through the full eight-phase pipeline. Speed depends on the size of the batch and how much the client's history has to be read first.
Yes. A client's bank connects once through BankSync, an open banking service, and new lines arrive already coded. The feed is a small monthly plan taken with BankSync, and automatic coding by CodeIQ uses the usual 4 credits a line. Coding a line yourself is always free. UK bank connections are provided by Salt Edge Limited, which is registered with the Financial Conduct Authority as an account information service provider under the Payment Services Regulations 2017 (FRN 822499). BankSync is not itself authorised or registered by the FCA.
Yes, one client at a time, using the import in IQ Books. Or leave them where they are: CodeIQ posts to Xero, QuickBooks, Sage and Pandle, and Bank Reconciler, LedgerIQ and PrepIQ work from any ledger.
No. Run payroll in your usual payroll software and post the journal; IQ Books has payroll accounts ready for it.
No. It applies recognised formulas to the client's own ledger across 44 modules and shows the working. It helps you prepare the analysis and the narrative; the advice stays yours.
Start with one client
Upload a statement or connect a bank, check what CodeIQ holds back, prove the bank with Bank Reconciler, post to whichever ledger the client uses, and explain the month with LedgerIQ. It costs nothing to find out.