Cryptoworth is a crypto accounting solution designed to automate and streamline digital asset management processes for businesses of all sizes. Integrating with over 200 blockchains and more than 1,000 sources, Cryptoworth ensures comprehensive data synchronization and financial control.
Key Features and Benefits:
- Automated Accounting: Cryptoworth eliminates manual entry errors by automatically recording transactions from various crypto wallets, exchanges, and blockchain platforms.
- Integrations: Syncs with existing accounting systems and ERP solutions, supporting a wide range of accounting methods including FIFO, LIFO, WAC, and ACB.
- Real-Time Data: Provides real-time transaction tracking and automatic spot price calculations to reflect accurate exchange rates between cryptocurrency and fiat currency at the time of transaction.
- Advanced Reporting: Generates detailed reports for accounting, auditing, and financial performance evaluation, ensuring transparency and compliance.
- Tax Optimization: Simplifies tax calculations and estimations with features like portfolio management and categorized transactions based on predefined rules.
- Diverse Solutions: Offers specialized solutions for Digital Assets Financial Close, Crypto Bookkeeping, Crypto Data Reconciliation Services for Accounting Firms, and API integration.