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January - March 2025

Please see below for the list of new releases within the Taxbit Accounting Suite for January through March 2025: 

 

Starting balances

  • Allows for more custom control of historical data during onboarding, particularly for Source-based cost basis methodologies.

Fuzzy Matching for internal transfers (Guide coming soon!)

  • Automated internal matching detection across all sources with cost-basis carryover. 

Role Based Access Control (RBAC)

Auto Spam Token Filtering

  • Automatically removes junk/spam tokens from transaction and reporting data. 
  • Please refer to this guide for more information: Managing Spam Tokens

Auth0 Migration

  • Further strengthened security & authentication. 

Flexible Pricing

Rootstock Integration (Guide coming soon!)

  • Native support for Rootstock smart contract accounting. 

Split Journaling

  • Transaction token values can be split across multiple ERP general ledger accounts based on percentage, asset amount, or fiat value, enabling seamless reconciliation.
  • Please refer to this guide for more information: Split Journaling

HD Wallet Support (Guide coming soon!)

  • Bitcoin miners rely on Hierarchical Deterministic (HD) wallets to manage mining rewards, transaction fees, and operational expenses across multiple addresses. We now support BIP-32, BIP-49, BIP-84, BIP-86, and Rootstock (BTC Smart Contract).

Transfer Out Category 

  • Introducing a new category that reduces token balance without triggering a gain/loss event.