What is Konvver and who is it designed for?
Konvver is a remote assistant for tax preparers, accountants, bookkeepers, and tax offices. It helps organize bank transactions, classify income and expenses, and prepare financial information for self-employed clients, LLCs, corporations, and businesses with a high volume of bank activity.
Does Konvver prepare tax returns or replace the professional?
No. Konvver does not prepare taxes or replace the tax preparer, accountant, or bookkeeper. Its role is to organize and classify the information so the professional can review, correct, approve, and prepare the tax return more efficiently.
What problem does Konvver solve?
Konvver reduces the manual work of organizing and classifying bank transactions. It can save approximately 70% to 90% of the process time, while leaving the professional in full control of the final review and approval.
What forms or types of returns is it useful for?
Konvver delivers organized results based on the lines required in forms such as Schedule C, 1065, 1120S, and 1120, making the work before tax preparation easier.
What documents are needed to get started?
You only need to send the bank file in CSV, Excel, or Spreadsheet format for the account you want to process.
How does expense classification work?
Konvver groups transactions by Originator and Payee, but the final classification requires the professional's judgment. It also memorizes classification behavior to speed up future periods.
What reports does Konvver generate?
First, it generates a report that summarizes transactions by Originator and Payee. After reclassification, it can generate a Profit & Loss, Balance Sheet, and Statement of Cash Flows. It can also deliver results in a format compatible with QuickBooks.
Does Konvver replace QuickBooks?
Not necessarily. Konvver can work as a preliminary or complementary tool to organize data faster. If adjustments are made directly in QuickBooks, they cannot always be transferred to Konvver because the categories may be different.
How much does it cost to use Konvver?
The first Originator and Payee report generally costs $29 for up to 1,000 transactions, and $29 for each additional 1,000 transactions or equivalent. The second report, after client feedback, costs $0.10 per transaction. The additional Financial Management Report costs $20.
How can I try it or get started?
You can request a free trial by sending the bank file through WhatsApp in CSV, Excel, or Spreadsheet format. The response is immediate and personalized, with human support to receive feedback, answer questions, and coordinate adjustments before the final report.