Common questions

Straight answers about what CloviCFO does — and doesn't — do.

Is CloviCFO real accounting or just an AI chatbot?

Real accounting. There's a true double-entry general ledger and chart of accounts underneath, with P&L, Balance Sheet, Cash Flow, Trial Balance and AR/AP aging reports. The AI sits on top to do the bookkeeping and add CFO-level insight — it doesn't replace the ledger.

Can I bring my existing QuickBooks data in?

Yes. CloviCFO has a live QuickBooks Online OAuth sync that pulls your existing data in via the Query API, so you can start from your real history rather than re-entering everything.

Does it handle more than one business?

Yes. Team and Enterprise plans support multiple entities — multiple LLCs, an S-Corp, and personal books — and consolidate them into a single financial view, which QuickBooks Online and Wave don't offer.

How do receipts get categorized?

Upload a photo or forward a receipt by email. OCR and vision categorization read the vendor, amount, date and category, then suggest the matching ledger entry for you to approve.

How do bank transactions get in — do you connect to my bank?

Today CloviCFO imports via CSV and OFX files and reconciles them automatically. Always-on live bank feeds are in progress; we label this honestly rather than overstating it.

Is my financial data safe?

Every account is isolated per user with encrypted, private document storage and signed access. Bank connections are read-only. Uploaded documents are scanned before storage.

Does CloviCFO give tax or legal advice?

No. CloviCFO is a software tool that surfaces information and opportunities grounded in your data and IRS guidance. It is not a regulated tax, legal, or accounting service — always confirm decisions with a qualified professional.

What does it cost?

Plans start at $49/mo (Solo), $129/mo (Team) and $399/mo (Enterprise), with ~28% off annual billing. See the pricing page.