Any time you purchase goods or services with a currency like Bitcoin, Dash, or Litecoin, you need to assign a proper valuation to the transaction and determine if there was a gain or a loss. Our accounting software makes it easy to treat your blockchain assets just like any other asset you may have in your investment portfolio.
How we can help?
Our software uses your transaction history and analyzes the blockchain to determine accurate valuations for every input and output comprising a transaction. Once a value has been assigned to every transaction, we can report your current total asset value, income, and any realized gains or losses.
Import your wallet transactions
Safely and securely upload your wallet transactions, and our software will analyze the blockchain to provide valuation data for every transaction. We supports both Bitcoin and Dash wallets.
Manage your ledger
Good record-keeping is the key to managing your blockchain assets. With our accounting software you can annotate your transactions, and modify valuations based on your real world experience. While the blockchain remains immutable, the ability to manipulate your data to reflect true transactional activity is crucial for reporting.
See your income and gains
Accurate reports are key to providing understanding of any asset. Our platform provides information about your income, gains, and losses. We can even generate the necessary IRS Tax forms, making it easy to report your tax liability.
Keep your records up to date
Just like traditional accounting services, you can use our platform on a regular basis to see how your assets are performing. The best way to track the performance of your digital currency is up to date reporting.
Tax Documents
Our software will generate IRS form 8949 along with the required worksheets so you can easily reports your gains and losses.
Exemptions
Not all digital currency is taxable. Our platform allows you to designate transactions as exempt from ordinary income reporting.
Custom Valuations
If your transaction value differs from the daily average market valuation, you can make adjustments according to your records.
Multiple Wallets
Upload and manage ledgers for multiple wallets.
Always Secure, Always Protected
We take security of your data very seriously and has procedures in place to ensure that your data is protected.
Sharing your transaction details or wallet addresses with us does not put your digital currency at risk. The transaction details and address are used to identify your inputs and outputs so that proper valuations can be applied.
