Folio: Local-First AI Financial Auditor for Freelancers

Description and use

Folio is a local‑first AI auditor that classifies expenses, detects anomalies, and produces statutory defense documents for freelancers, eliminating cloud leaks and accounting costs.

Problem

Freelancers miss tax write‑offs and pay high SaaS accounting fees while fearing cloud data privacy.

Outcome

Folio enables freelancers to capture all deductible expenses, detect hidden recurring costs, and produce legally‑cited defense documents locally, eliminating cloud leaks and reducing accounting costs to zero.

Workflow

• Clone the repo and run python run.py locally.
• Open http://127.0.0.1:8000 in a browser.
• Upload a raw CSV bank statement via the dropzone.
• TabPFN 3.5 auto‑categorizes each transaction with confidence scores.
• Gemma 2 generates legal defense statements citing relevant tax codes.
• Review anomaly alerts for phantom SaaS fees or pricing spikes.
• Export the itemized deduction schedule as CSV.
• Listen to the 30‑second audio briefing for a quick summary.

Evidence

Folio pairs Prior Labs' TabPFN 3.5 (the state‑of‑the‑art foundation model for tabular data) with Google’s Gemma 2 (open weights) to deliver…

Source

Drop in your raw bank or credit card CSV (Chase, Mercury, Wise, Amex, HDFC, ICICI, SBI, Stripe, PayPal). TabPFN auto‑categorizes expenses…

Source

Gemma writes the legal defense certificate citing exact statutory tax codes — Section 37(1) & 44ADA of the Indian Income Tax Act, or IRC §162(a) for IRS Schedule…

Source