What is the Taxbit Accounting Suite?

The Taxbit Accounting Suite automates and streamlines digital asset accounting and reporting.

Aggregate and Standardize Transaction Data in Real-Time

Where Does the Transaction Data Come From?

Live sync and aggregation of transaction data across all wallets and centralized exchanges. Once all sources are added, the transaction data is standardized and can be customized with specific categories and/or memos based on the user’s understanding of the business activity.

Lot-level Realized Gain/(Loss) calculations on disposals with consideration to the accounting methodology selected during the implementation stage.

Generate on-demand reports that are aligned with the most up-to-date accounting guidance, as well as robust lot-level realized gain/loss calculations and reporting. Included in the reports are summary amounts for the desired date range as well as individual transaction-level details.

Automate and customize journal entry mappings for individual transactions, generate on-demand journal entry reports, and sync those journal entries in a consolidated format directly to legacy ERP systems.

Provide visibility to real-time Unrealized Gain/(Loss) position on assets held.