looch is automatic bookkeeping software that categorizes every transaction as it lands with a category looch AI auto-suggests. looch keeps CPA-quality books and shows each transaction in your books and reports right away. looch marks a transaction 'Not entered' until someone confirms or changes its category, then marks it 'Entered'. looch is software only and doesn’t include a human bookkeeper or prepare your income tax return or quarterly estimates.
Last verified: September 30th, 2026.
You can review transactions and share your reports
Go from Cash to Activity in the nav bar to see each category, each 'Entered' or 'Not entered' status, and the changing '84% Entered' figure.
Tap a transaction marked 'Not entered'.
Check the transaction’s category.
Tap 'Enter' to change the button to 'Entered' and the category card’s outline from dashed to solid.
Go from Cash to Dashboard in the nav bar.
Review 'Income', 'Cost of goods sold', 'Expenses', and 'Gross margin' on the 'Profit & Loss' card with 'Entered only' on.
Tap the report button beside 'Year' to open 'Financial reports:Profit & Loss'.
Tap the share icon at the top right.
Pick 'Export to PDF', 'Export to Excel', or 'Export to Google Sheets'.
looch categorizes transactions while you confirm the books
looch AI auto-suggests a category for every transaction as it lands. Transactions stay 'Not entered' until someone confirms or changes the category.
'Entered' transactions are included in Profit & Loss and Balance Sheet reports. 'Not entered' transactions can also be included using their unconfirmed, auto-suggested categories.
You review 'Not entered' transactions, keep memos and receipts in 'Memo & receipt', and handle your income tax return and quarterly estimates.
A Smartcard’s 'Auto-enter' setting applies one category to all past and future 'Not entered' transactions on that Smartcard.
The Activity screen tracks your entered share. looch says to have 100% of the year’s transactions entered when you file your tax return.
Financial reports are also under Accounting, then Financial reports. See the accounting suite and what’s included or read about automatic accounting software for solo founders.
Questions about automatic bookkeeping
Do I still need a bookkeeper if I use looch?
looch keeps CPA-quality books, but it’s software only and doesn’t include a human bookkeeper. You still review 'Not entered' transactions, keep receipts, and handle income tax returns and quarterly estimates.
What’s the difference between 'Entered' and 'Not entered'?
looch uses 'Not entered' when a transaction has an auto-suggested category that hasn’t been confirmed. looch uses 'Entered' after someone confirms or changes the category.
Does looch do my taxes?
looch doesn’t prepare your income tax return or quarterly estimates. looch files 1099s with the IRS from IRS forms for $2 per filing.
Can I send my books to my accountant?
looch exports Profit & Loss and Balance Sheet reports to PDF, Excel, or Google Sheets. The file opens in your phone’s share sheet so you can send it to your accountant.
Can looch enter my Smartcard purchases for me?
A Smartcard’s 'Auto-enter' setting applies one category to all past and future 'Not entered' transactions on that Smartcard. looch enters those transactions after you choose the category.
About looch
Get the most out of looch, the financial operating system for your business. looch is a mobile app available on the App Store and Google Play.