How can we help you square the books?
Docyt for General accounting
Does Docyt replace my bookkeeper or accountant?
Docyt aims to automate repetitive work (categorization, matching, and reconciliation). Judgment and decisions stay with a person.
What's the difference between core Docyt, ProfitBooks, and Accountant Copilot?
Core = Enterprise/multi-entity (hotels, franchises).
ProfitBooks = Self-serve SMB.
Accountant Copilot = Firm-facing multi-client layer.
What accounting method does core Docyt use - cash or accrual?
Both cash and accrual.
Does Docyt support QuickBooks Desktop, or only QuickBooks Online?
Docyt supports QuickBooks Online. Docyt can help with migration from QuickBooks Desktop.
Does Docyt sync two-way with QuickBooks, or just export?
Docyt features a full two-way (bidirectional) sync with QuickBooks Online. It does not just push data one-way. Docyt’s artificial intelligence continuously monitors both systems and automatically pushes edits, category changes, and document-matching updates back into QuickBooks. If you change a transaction’s category, fix a vendor address, or re-code a document within Docyt, the system instantly updates the corresponding record in QuickBooks Online
Is there an audit trail for every transaction?
Yes, Docyt generates a comprehensive, immutable audit trail for every transaction and financial workflow. The platform is designed to maintain audit-grade accuracy, meaning every action is fully traceable
What are the benefits of using AI in bookkeeping?
Per Docyt’s own framing: fewer manual-entry hours (up to 80% cut, per Accountant Copilot messaging), faster close (5x), real-time rather than after-the-month visibility, and anomaly detection that catches errors before they compound.
Is pricing per entity or per user?
Per entity/location.
Is there a free trial for core Docyt?
Hotel/enterprise appears demo-gated, not a self-serve trial – not explicitly stated either way for every tier.
How much does Docyt cost?
Hotel plans start around $299/month. Accounting firm and enterprise pricing is custom/quote-based. Profitbooks powered by Docyt is free for 7 days, then starts at $99/month.
Docyt for hospitality
USALI Reporting?
Yes, Docyt has strong USALI (Uniform System of Accounts for the Lodging Industry) reporting support. The platform uses the USALI 11th Edition framework to generate live financial statements, custom charts of accounts, and automated profit and loss (P&L) reports for the hospitality industry.
What is the GOP and does Docyt report it?
Yes, Docyt tracks and reports on GOP. Docyt AI platform provides real-time, continuous tracking of the financials, so hotel owners and general managers can see month-to-date and year-to-date GOP versus budgets. Tools such as the Docyt Operators Report and Docyt Budgeting & Forecasting dashboard include real-time Key Performance Indicators (KPIs) for GOP, GOPPAR (Gross Operating Profit per Available Room), and TRevPAR.
How does Docyt manage revenue for a F&B operation at a hotel property?
Docyt connects directly to the property’s PMS and to separate POS systems. It self-contains multi-revenue streams that automatically pull F&B transaction data directly to the respective food and beverage GL codes for categorization and matching.
Does Docyt have the ability to automate franchise royalty calculations?
Multi-entity franchise accounting is a big marketing emphasis, but there are no specific automated, specialized royalty fee calculators listed, and the fees are typically handled through regular automated AP vendor routines.
Does Docyt support daily P&L snapshots or only monthly?
The focus of daily visibility is the “Daily Flash Revenue Report,” which deals with daily revenue and labor metrics. A complete P&L can be generated dynamically “in seconds,” but a finalized compliant P&L depends on matching lagging monthly overhead expenses.
Can I do seasonal budget adjustments in Docyt?
Yes. Its budgeting and forecasting module provides standard temporal and seasonal updates across financial reporting cycles.
How does Docyt distribute utility costs among departments?
Utility allocation is done using custom journal entries and pre-defined departmental allocation rules that you set up in your base general ledger settings.
Does Docyt automatically benchmark against the same period of the prior year?
Yes, standard historical period comparison (YoY and MoM) is supported by underlying reporting structures to identify regular variances.
Can General Managers (GMs) have a simplified dashboard rather than the full owner/accounting view?
Yes. Docyt has a unique “General Manager Engagement Workflow” with specific user role restrictions that provide concise, operational updates and daily flash reports but do not display the corporate books at the highest level.
Does Docyt automatically calculate labor cost as % of revenue?
Yes. With the combination of real-time revenue streams (PMS/POS) and synchronized payroll data feeds, the system natively tracks real-time trends in labor costs against active property earnings.
Stop closing the books manually.
The books shouldn’t take weeks. Reconciliation shouldn’t be manual. And your team shouldn’t dread month-end. Thousands of hotels, restaurants, and retailers already made the switch – ready to join them?
Docyt is SOC 2 Type II Certified