LedgerStream AI Reviews & Product Details

LedgerStream AI is a financial data ingestion hub built specifically for bookkeepers, accountants, and cleanup specialists. It eliminates manual spreadsheet entry by combining high-precision PDF bank statement conversion and multi-channel merchant payout splitting into a single workspace. Instead of paying for two separate subscriptions or fighting broken OCR templates, bookkeepers can upload messy multi-page bank statements or raw settlement reports (from Stripe, Shopify, Toast, DoorDash, and UberEats) with one click—no live client API logins required. Key Capabilities: • Multi-Page Bank Statement OCR: Extracts wrapped transaction descriptions, dates, and amounts into clean CSV and Excel files without shifting rows or dropping trailing decimals. • Automated Merchant Payout Splitting: Separates gross sales, sales taxes, marketplace commissions, and processing fees into balanced double-entry journal lines. • Built-In Double-Entry Verification: Automatically verifies that total debits equal total credits down to a $0.00 variance before exporting. • Direct QBO & Xero Ready Exports: Generates structured journal entry CSVs ready for immediate upload into QuickBooks Online, Xero, and other general ledgers. • Strict Firm Data Isolation: Keeps every practice's files completely isolated, allowing bookkeepers to process client documents or redacted statements securely.