Mercury has unveiled Mercury Books, a double-entry accounting system integrated with its banking services, designed to provide businesses with up-to-date insights into their financial status. This platform harnesses AI to assign categories and reconcile bank card invoice, and bill-pay operations instantly as they are recorded, minimizing manual inputs and the traditional month-end reconciliations. Besides, Mercury Books integrates with external platforms and financial accounts like Stripe, Gusto, and PayPal, because of this, giving businesses the ability to merge their entire financial activities into one accounting system.
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The platform supports both cash and accrual accounting and integrates with Mercury’s Command AI agent, enabling users to ask questions about their finances, recategorize transactions, create journal entries, and update their chart of accounts using natural language. AI-driven actions require user confirmation before being applied.“In my last business, I received a spreadsheet for my books 15 days after the month closed. It used to drive me crazy trying to figure out why some cost was suddenly up. Mercury Books helps you categorize in real time and understand how each cost line item tracks to each transaction in your bank and card account,” said Immad Akhund, co-founder and CEO of Mercury. Mercury Books is available to Mercury business customers at no cost through the end of 2026, after which it will cost $35 per month.
