Best ChatGPT prompts for accounting teams

ChatGPT prompts for accounting

OpenAI's accounting team leverages ChatGPT to automate complex financial tasks. We teamed up with Sowmya to help you get started with AI in accounting.

#1 Deep research for revenue recognition

With ChatGPT, you can upload contracts and accounting guidelines to generate comprehensive five-step model documentation with cited sources, extracted contract terms in table format, and automated calculations — creating audit-ready documentation with clear sourcing.

#2 Processing oversized CSV files

For handling large, messy datasets, you can generate custom code to filter, categorize, and analyze your financial data. Dip your toes into some Python code and watch as it replaces hours of grueling VLOOKUPs and pivot tables.

#3 Automating sales tax JEs with a GPT

Create a custom GPT to fully automate recurring processes like sales tax journal entries. The GPT in this guide is specialized to analyze raw transaction data, segregate domestic and foreign tax liabilities, generate properly formatted journal entries with correct debits and credits, and provide downloadable files ready for posting. You should borrow the prompt in this guide to create your own GPT and tweak it to fit your needs.

Start using AI with your team

This multi-tiered approach allows OpenAI's finance team to automate increasingly complex accounting tasks — from guided analysis to custom coding to fully automated specialized tools — creating a progression path for finance professionals to adopt AI at their own pace and comfort level.