Intuit pilots AI agent that prepares the month-end close
Written by AI
Intuit is testing Agentic Books Close, an agent that prepares accounting firms’ month-end close, in a limited pilot. Intuit said every entry the agent drafts waits for an accountant’s approval. After the pilot and beta, firms will need a paid add-on to use the agent.
Intuit announced the Agentic Books Close pilot on 9 November in a post on its Tax Pro Center blog presenting the autumn release of Intuit Accountant Suite. Intuit Accountant Suite is software for accounting firms. Intuit says it forms a unified platform with clients’ QuickBooks accounting software.
The month-end close finalises the month’s books: posting transactions, reconciling accounts and preparing reports. Intuit said the agent handles the preliminary preparation in the background, in line with the firm’s own standards. The accountant is left with review, approval and exception management.
As Intuit describes it, the agent posts pending transactions, reconciles accounts, flags anomalies and recommends fixes. It also identifies fixed assets, prepaids and other accruals. For these items, it drafts schedules and journal entries, which are posted only after the accountant approves them.
The agent also assembles a monthly package that firms can send directly to clients, containing Variance Analysis and AP/AR Aging reports.
Every AI-drafted entry must be reviewed and approved before posting, and the agent’s actions are recorded in an audit log, the company said. Intuit itself warns that the agent is not always accurate. According to the company, the agent learns from the accountant’s edits with each close.
The agent is a separate product from Books Close, which is now in beta in the Intuit Accountant Suite Core and Accelerate tiers at no additional cost. Books Close features include close review templates, task tracking, AI-based anomaly detection and automatic updates to the client’s QuickBooks file.
The autumn release includes other beta features too: queries across the whole client base on the Intuit Intelligence AI platform, and Playbooks templates that let firms standardise onboarding for new clients. These are part of the Accelerate tier, which is free until January 2027.
The pilot is open to a limited number of accounting firms, which can apply on the Intuit Accountant Suite feature preview page. The agent is free during the pilot. After the pilot and beta, firms will need a paid add-on to keep using it; Intuit has not disclosed the price. The company said features and release dates may still change.