Magpie is an open-source CLI tool for double-entry accounting that provides RBAC, immutable event storage, and encryption. It is designed for both manual use and AI agent integration.

Is Magpie production-ready?

Magpie is pre-1.0. The implemented accounting surface is usable and tested, but some features like bank reconciliation, tax handling, and period close are not yet available.

How secure is Magpie?

Magpie uses AES-256-GCM encryption for stored payloads and SHA-256 addressing for event history. Access control is enforced via RBAC. However, the CLI does not authenticate --actor identity against hosted tokens; deployers should ensure trusted automation.

AI Accounting

Magpie

Magpie is an opinionated accounting CLI for humans and AI agents, providing double-entry bookkeeping with RBAC and immutable event storage on Jaybase.

Magpie

Visit website

What is Magpie?

Magpie is a CLI tool for accounting that enforces double-entry bookkeeping, role-based access control, and immutable audit trails. It is designed for small teams and AI agents to manage ledgers, invoices, customers, and notes with a focus on security and auditability.

Magpie vs Similar AI Tools

	Magpie	Veltrix	TrueAccord	Syft Analytics
Pricing Model	Free	Free, Free Trial, Paid	Custom Pricing	Free, Free Trial, Paid
Free Credits
Key Features	Append-only, SHA-256-addressed event history through Jaybase AES-256-GCM encryption for stored node payloads Unified RBAC for ledger, notes, snapshots, and audit reads	Connects to QuickBooks, Xero, Square, HubSpot, Shopify, Google Drive, Google Workspace, and Microsoft 365 Plain-English business finance questions Read-only data access	Digital payment plan setup Self-service repayment options Flexible installment scheduling	AI-generated financial insights Dashboards and KPI tracking Financial reporting and bespoke reports
Pros	Opinionated and secure accounting CLI with immutable audit trail Designed for AI agent integration with JSON output	Connects to major accounting, payments, CRM, and file tools Answers questions in plain English	Easy to set up payment plans Offers a self-service repayment experience	Covers reporting, consolidations, forecasts, and reviews in one platform Connects with popular accounting and business tools
Cons	Pre-1.0, limited feature set No native QuickBooks import (agents must normalize data)	Pricing details are only partly listed on the site Best suited to businesses already using supported tools	Public pricing is not available Primarily focused on debt collection rather than general finance tools	Public site does not show detailed plan prices Advanced financial reporting may require setup and data integration
Best For	Small teams needing secure, auditable accounting with AI agent support Developers integrating automated bookkeeping workflows	Business owners who want fast financial answers without spreadsheets Small teams using QuickBooks, Xero, Square, HubSpot, or Shopify	People who need to set up a debt repayment plan Businesses looking for digital debt collection support	Accountants Bookkeepers

How to use Magpie?

1Initialize a local store: `magpie --store .magpie init`
2Create ledger accounts: `magpie --store .magpie --actor owner ledger account create --number 1000 --name Checking --type asset --role bank_account`
3Create a customer: `magpie --store .magpie --actor bookkeeping-agent customer create-json --file customer.json`
4Create and post an invoice: `magpie --store .magpie --actor bookkeeping-agent invoice create-json --file invoice.json`
5Journal entries for adjustments: `magpie --store .magpie --actor owner ledger journal create --file entry.json`