Meet Ulix: accounting with an AI bookkeeper built in. Every company you run under one login, and nothing posts until you approve it. 30 days free, no card: https://t.co/2XNNMxSJwe
Payroll in one app. Books in another.
So every quarter someone ties the 941 back to the ledger by hand.
Ulix runs US payroll inside your books: federal and state tax tables, pay stubs, 941/940 and W-2 forms, paid by NACHA file or check.
https://t.co/qR3izaLydQ
@unhurriedself One guardrail: have it list each categorization (date, payee, amount, account, why) for you to approve before anything posts. Last year's rules cover the repeat vendors; new payees, transfers between accounts and loan payments are where it'll guess wrong.
Canadian business with a USD bank account? Revalue it every month-end.
Book each USD item at that day's rate, then restate USD cash, A/R and A/P at the month-end rate. The gap is an unrealized FX gain or loss.
Ulix does the revaluation: https://t.co/2XNNMxSJwe
W-2s are due Jan 31. The 5-minute fix for this week:
Have every employee confirm their legal name, SSN and mailing address. One mismatch means a corrected W-2 in February.
Ulix runs US payroll and prepares W-2s from the same records: https://t.co/qR3izaL0oi
Your P&L says profit. Your bank says otherwise. Check 4 places:
1. Inventory you bought but haven't sold
2. Customers who haven't paid
3. Loan principal (it's not on the P&L)
4. Owner draws
Ulix shows profit and what's overdue on one screen: https://t.co/2XNNMxSbGG
@youderian@mercury For an inventory brand, the thing I'd test in the pilot: does COGS come off landed cost per SKU (freight and duty in) as units sell, or is it a month-end plug? That gap is where inventory books drift. Disclosure: we build Ulix (inventory, POs, profit by SKU).
@BryanJBryce What makes it painless: pick a clean month-end, export lists, open invoices/bills and a trial balance, and run both a month. Disclosure: we build Ulix, which imports QuickBooks lists, open A/R and A/P and ledger history, and exports back if a client changes their mind.
Your books already know the answer.
"What did we spend on software this year?"
"Which customers are 30+ days late?"
Ulix's AI bookkeeper answers questions like these from your ledger, in plain English.
What would you ask yours first? https://t.co/2XNNMxSbGG
@BryanJBryce Bryan, that’s exactly why we built Ulix. Separate books for each company, with one place to manage the whole portfolio.
What’s the biggest frustration driving your clients away from QuickBooks?
Here’s a short real-estate walkthrough: https://t.co/3QQzu6wLP4�
Professors: your students can keep real books this term, free.
Ulix for Education: a practice company per student, a 14-week course with slides and answer keys, automatic marking, and an AI tutor that explains but never does the entries.
https://t.co/0mjuN2z7qT
Run more than one LLC? When money moves between them, how do you book it: a loan with a note, a capital contribution, or "sort it at tax time"?
Ulix keeps every company in one login: https://t.co/7yv9ZRGpVM
Professors: your students can keep real books this term, free.
Ulix for Education: a practice company per student, a 14-week course with slides and answer keys, automatic marking, and an AI tutor that explains but never does the entries.
https://t.co/0mjuN2z7qT
Bookkeeping doesn't have to be a chore. Ulix does the books, invoices and payroll with an AI bookkeeper that shows its work. 30-day free trial → https://t.co/2XNNMxSbGG
@spacedevin Building Ulix: property management + accounting in one. Rent rolls, leases with e-signature, renewal deadlines (incl. rent-stabilized), owner statements, and each building's books, with gated investor access. https://t.co/2XNNMxSbGG
@sarah_carusona Amazon-specific trap: if the books record the settlement deposit as revenue, referral and FBA fees vanish inside 'sales' and gross margin looks great. Book gross sales and each fee line separately, and CM1 by SKU shows which products really pay for the ads.
Canadian business with a USD account? That balance sits at the rate on the day the money came in. At month-end, revalue it at today's rate: the difference is an FX gain or loss, not extra sales or a lost expense. Ulix does it for you: https://t.co/2XNNMxSbGG
Own several LLCs? When one pays another's bill, it's not the payer's expense.
Payer: "Due from LLC B."
LLC B: the expense + "Due to LLC A."
Settle up monthly.
Ulix keeps every company under one login, with consolidated reports: https://t.co/2XNNMxSJwe
Canadian Amazon seller paid in USD? Your payouts move with the exchange rate.
Record each payout at that day's rate, revalue the USD balance at month-end, and keep FX gains and losses on their own line so they don't hide in your margin.
https://t.co/2XNNMxSJwe