Question 1

How does Plaid bank sync work?

Accepted Answer

LuxPilot AI uses Plaid — the same secure technology behind Venmo and Robinhood — to read your bank transactions in real time. The connection is read-only, your credentials are never stored on our servers, and we support over 12,000 financial institutions including Chase, Bank of America, Wells Fargo, and most credit unions.

Question 2

Is my financial data secure?

Accepted Answer

Yes. All financial data is encrypted in transit (TLS 1.3) and at rest (AES-256). Each account is fully isolated and our Sentinel Agent monitors infrastructure 24/7. LuxPilot is read-only by design — we cannot move funds.

Question 3

How long does setup take?

Accepted Answer

Under 4 minutes. Create your account, connect your bank with Plaid, choose a plan, and the AI bookkeeping agents start working immediately. There is no chart of accounts to configure manually.

Question 4

Does LuxPilot AI replace my CPA?

Accepted Answer

LuxPilot replaces day-to-day bookkeeping and produces tax-ready reports in CPA-ready formats. Most clients use LuxPilot alongside their CPA for filings, audits, and advisory work.

Question 5

Can I upgrade or downgrade anytime?

Accepted Answer

Yes. Upgrades are immediate and prorated. Downgrades take effect at the end of your current billing period. No contracts, no exit fees.

Question 6

What happens if my payment fails?

Accepted Answer

Stripe retries over 7 days. You get an email on Day 1 with a link to update your card. Your data is never deleted.

Question 7

Do you offer a free trial?

Accepted Answer

Yes — 14-day free trial, no credit card required. Cancel anytime.

Question 8

Does LuxPilot file my taxes?

Accepted Answer

Tax Filing — Built Right Into LuxPilot — Coming Soon 🔜. Right now LuxPilot generates fully tax-ready reports for you or your CPA, and the Tax Agent tracks all federal and state deadlines.

Question 9

Do I need accounting knowledge?

Accepted Answer

Zero. LuxPilot is built for business owners who don't want to think about bookkeeping. The AI agents handle categorization, reconciliation, and reporting automatically.

Question 10

What happens if something breaks?

Accepted Answer

Our Sentinel Agent monitors LuxPilot 24/7 and self-heals most issues automatically before you ever notice them. Critical issues page our on-call team immediately.

Question 11

What is the cheapest bookkeeping software for small business?

Accepted Answer

LuxPilot AI Starter at $97/month is the most affordable fully autonomous AI bookkeeping platform. It includes Plaid bank sync, receipt matching, ledger management, and email support.

Question 12

Is LuxPilot AI a QuickBooks alternative?

Accepted Answer

Yes. LuxPilot AI is the leading autonomous QuickBooks alternative for small businesses. Where QuickBooks gives you tools to do bookkeeping, LuxPilot does the bookkeeping for you with 35 AI agents.

Frequently Asked Questions About AI Bookkeeping