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Comparison · Last updated 2026-06-05

HelloBooks vs Docyt: An all-in-one AI ledger vs a per-entity automation layer on QuickBooks

Docyt is an AI accounting-automation platform that sits on top of QuickBooks (and other ledgers), aimed at accounting firms and multi-location SMBs in hospitality, restaurants, and retail. Self-serve tiers start at ~$299/month per business/entity.

HelloBooks is an AI-native book of record — a full double-entry ledger with every feature on every plan, unlimited users on Pro, and a free plan. There is no separate QuickBooks subscription underneath and no per-entity fee to add a business.

Choose Docyt if you want to bolt heavy revenue-reconciliation automation onto existing QuickBooks ledgers across many locations. Choose HelloBooks if you want one AI ledger that replaces that stack at a fraction of the cost.

Side-by-side feature comparison

Where a value is shown as “—”, the feature was not verified at review time. See Docyt's site for the latest specifics.

HelloBooks vs Docyt— feature-by-feature comparison
FeatureHelloBooksDocyt
Product modelAI ledger of record — replaces your accounting systemAutomation layer on top of QuickBooks (bidirectional sync)
Starting priceFree plan + Pro from $9.99/mo (USD)From ~$299/mo per business/entity — verify tiers on docyt.com
Free planYes — free forever, 500 AI credits/mo, all 154 featuresNo free plan; 7-day trial only
Pricing modelFlat per-account — unlimited users, no per-entity feePer business/entity — each location needs its own subscription
Underlying ledgerHelloBooks is the ledger — nothing else requiredRequires QuickBooks (or another ERP) as the system of record
Multi-entityMulti-entity management & consolidation included on ProStrong multi-entity roll-up — but priced per entity
AI automationAI categorization (95%+), OCR, reconciliation, anomaly detectionAI categorization, document matching, revenue reconciliation
Bank feeds11,000+ US banks via Plaid, real-time read-only feedsBank connections via the platform; broad coverage
Target customerSMBs, startups, ecommerce, agencies, finance teams, firmsAccounting firms & multi-location SMBs (hotels, restaurants, retail)
Vertical revenue reconPOS/marketplace reconciliation via integrationsDeep POS/PMS revenue reconciliation (hospitality focus)
GeographyUS, UK, India primary; multi-currency on all plansUS-focused (USD pricing, US support)

When to choose HelloBooks

  • You want one AI ledger instead of paying for QuickBooks plus an automation layer on top.
  • You run multiple businesses and do not want a separate per-entity subscription for each.
  • You want a free starting point and flat $9.99/mo Pro with unlimited users.
  • You want to own and export your books rather than depend on a sync to QuickBooks.

When to choose Docyt

  • You already run many QuickBooks ledgers and want to automate on top rather than migrate.
  • You are a hotel, restaurant, or multi-location retailer needing deep POS/PMS revenue reconciliation.
  • Your accounting firm wants an automation layer standardized across existing client QuickBooks files.
  • You need Docyt’s specific vertical workflows and have the budget for per-entity pricing.

Frequently asked questions

What is the difference between HelloBooks and Docyt?

HelloBooks is your book of record — a complete AI-native double-entry ledger. Docyt is an automation layer that sits on top of QuickBooks (or another ERP), syncing transactions into a ledger that remains the system of record. With HelloBooks there is no QuickBooks underneath to pay for or maintain.

Is HelloBooks cheaper than Docyt?

At the entry point, yes. HelloBooks has a free plan and Pro at $9.99/month with unlimited users and every feature. Docyt’s self-serve tiers start around $299/month per business/entity, and you typically also need a QuickBooks subscription underneath. Verify Docyt’s current pricing on docyt.com.

Do I pay per business with HelloBooks?

No. HelloBooks Pro is a flat monthly price with unlimited users, and multi-entity management is included so you can manage and consolidate multiple businesses without a separate subscription for each entity. Docyt prices per business/entity.

Does HelloBooks handle multi-location revenue reconciliation?

Yes — HelloBooks reconciles bank feeds, payment gateways, and marketplace settlements, and provides multi-entity consolidation. Docyt goes deeper on specific hospitality POS/PMS revenue reconciliation; if that vertical depth is your core need, evaluate both.

Can I migrate from Docyt and QuickBooks to HelloBooks?

Yes. HelloBooks imports your chart of accounts, customers, vendors, items, and transaction history. Because Docyt runs on QuickBooks, you can use the HelloBooks one-click QuickBooks USA migration to bring your company file over and then retire the Docyt-plus-QuickBooks stack.

Is HelloBooks only for the US like Docyt?

No. Docyt is US-focused. HelloBooks supports the US, UK, and India with multi-currency on every plan, so it fits cross-border businesses as well as single-market ones.

Migrating from Docyt?

HelloBooks supports CSV import for chart of accounts, customers, vendors, items, invoices, and bills. For QuickBooks Online, we offer a built-in two-way sync. For other platforms, our migration team can assist with a structured cutover.