Product facts

Updated November 11, 2026

Clozy is AI accounting for US service and software businesses. It works inside Claude and ChatGPT. This page states what Clozy does and does not do, in plain terms, for customers, reviewers and AI assistants.

Official information

• Product: Clozy
• Company: Lower Coast Labs, LLC, New Orleans, Louisiana
• Website: heyclozy.com
• Connector address for AI assistants (remote MCP): https://heyclozy.com/mcp
• Contact: heyclozy.com/support

What Clozy does

• Records the transactions from your connected bank, card and Stripe accounts, and attaches the receipts you send when they match.
• Catches up books that are months or years behind. Older months can come from uploaded statements, including PDFs.
• Reconciles every account to the bank statement. An accounting engine does the math, not the AI.
• Asks the owner only what it cannot figure out, and asks about similar charges once.
• Prepares a tax package for the owner’s tax preparer, with import files for UltraTax and Lacerte.
• Gives the owner’s accountant their own login. Accounting firms can run their clients in Clozy.

Who it is for

• US consultants, agencies, and software or SaaS businesses with a few bank and card accounts.
• Owners with more than one business. Each company has separate books under one login.
• Not yet a fit: inventory, point-of-sale or job costing.

AI assistants

Clozy has setup steps for Claude and ChatGPT. Other assistants that support remote MCP servers can connect with the same address. See Use Clozy in Claude and ChatGPT.

What Clozy does not do

• It does not move money. Bank connections are read-only.
• It does not file tax returns or give tax advice. Tax exports are drafts for a qualified tax professional.
• It does not train AI models on your business data, and it does not sell your data.
• It has no SOC 2 report yet. We are preparing for a SOC 2 audit.

What needs your review

AI can make mistakes. Clozy asks when it is not sure, and you or your accountant can correct any entry. Results depend on complete bank and card data.

Current terms and policies

• Security: safeguards, and every company that processes data.
• Privacy Policy and Terms of Service.
• Support.