What you need
- Biloh connected to your AI assistant. See the MCP overview.
- Last month's transaction exports from internet banking for each account, as CSV with the running balance column.
- The last four digits of each account and its balance at the start of the month.
- At least one invoice sent last month and one contractor bill paid.
Throughout, the lines in quotes are what you type. The assistant does the rest and reads back what happened.
1. Register the three accounts
"Register my everyday account, transaction, ending 1234, opening balance $2,500.00 as at 1 August. Register the tax set-aside, savings, purpose tax set-aside, ending 8820, opening $0.00 as at 1 August. Register the contractor buffer, savings, purpose contractor buffer, ending 7710, opening $0.00 as at 1 August."
Three accounts, each with a masked identifier only. The purposes are what make the envelopes measurable later.
2. Import the everyday statement
"Import this file into the everyday account."
The assistant checks the file chains onto the $2,500.00 opening balance and imports every line.
Now try the wrong thing on purpose:
"Import the contractor buffer's statement into the everyday account."
Biloh refuses with wrong_account_or_gap, naming the balance the everyday
account expected and the balance the file starts from, and writes nothing.
Import it into the contractor buffer instead, and the tax set-aside's
statement into the tax set-aside.
3. Prove the month is complete
"Is August complete on every account?"
get_period_completeness ties every line by running balance. You want
chain_intact: true on each account with a real line count. If you get a
first_break, the missing days are named; export them and import again.
4. Match the deposits
"Match August's deposits to invoices. Confirm the clear ones and ask me about the rest."
Each deposit with an invoice candidate is matched on the bank's value date, and the payer's bank alias is learned for next month. For a deposit with two plausible invoices the assistant asks you. Interest on the savings accounts is not invoice income: code it to an income category, not to an invoice.
5. Settle the contractor bill and code the spend
"The $1,540 transfer on the 20th is the window contractor's August bill. The two fuel debits are vehicle expenses. The $180 supermarket debit was personal except $12.50 of cleaning supplies, GST $1.14, receipt attached."
One sentence, three tools: a bill settlement that releases the payables it covers, two triaged lines, and a split with GST claimed only on the business part.
"What receipts am I sitting on?"
If you photographed a receipt into the shoebox before its debit arrived, the assistant offers the pair; say yes and the receipt becomes that line's evidence.
6. Pair the transfer
"The $500 out of the everyday account on the 7th and the $500 into the tax set-aside the same day are my weekly sweep."
Paired as a transfer, both lines reach no report and both balance chains are untouched.
7. Check the envelopes
"How are the envelopes looking?"
You get the tax set-aside's target (the open quarter's net GST plus an income-tax provision that reads as unset until you and your accountant set it), the contractor buffer's target (open payables plus the next six weeks of scheduled visits), the actual chained balance of each, and the gap. Biloh does not move money; you sweep at your bank.
8. Close the month
"Close August."
If any account's chain is broken the close is refused and names the break. Otherwise the month's cash figures are snapshotted and locked, and the assistant reads back received, GST collected, receipt count and outstanding AR.
9. Read the BAS so far
"What do I owe the ATO for the quarter so far?"
G1, 1A, 1B and the signed net on the ATO's labels, with an exceptions list of any purchase whose GST is held out for missing paper. At quarter end you will close the quarter and generate the pack; for now this is your running position.
What you have
A month whose bank feed is provably complete, every deposit tied to the invoice it paid, every debit coded with its evidence, your own transfers invisible to the reports, a locked snapshot, and a BAS position you can read any time. From here, reconcile money in and reconcile money out are the weekly routine, and prepare the BAS and the accountant pack is quarter end.