Cryptoworth is a purpose-built crypto accounting and subledger platform for enterprise...
Enterprise software platform for crypto accounting, subledger management, and automated financial reporting built specifically for Web3 businesses. The platform integrates seamlessly with crypto accounts and ERP systems, creating a single source of truth for financial operators while processing millions of transactions daily.
Automatically calculates gains and losses across different tokens and instruments, handling the unique complexity of crypto tax calculations including compounding holding periods. Pull from tax lots without the headache and ensure compliance. Maintains detailed records of acquisition dates, costs, and disposal events for accurate FIFO, LIFO, or specific identification methods. Includes support for wallet-based cost basis accounting, keeping clients compliant with evolving tax regulations.
Leverages automated workflows to reduce manual work and increase efficiency by setting up rules and triggers to consistently categorize transactions. Easy configuration allows automatic classification of over 90% of transactions through intelligent rules and pattern matching. The system learns from user inputs and adjustments to improve classification accuracy over time.
Integrates seamlessly with crypto accounts and ERP systems, ensuring users can easily manage their financials in one place. Provides rules-based automation, spam filtering, unified ledger management, and a legible API and user interface all built for Web3-first operations. Transform complex on-chain transactions into understandable, contextualized financial information ready for your ledger.
Be audit ready at all times with complete documentation including tax lots, user inputs, pricing sources, flexible reports, and detailed transaction histories. Generate flexible reports tailored to specific audit requirements, supporting various formats and levels of detail. Full transparency into pricing sources and valuation methodologies ensures auditors can verify all financial calculations. Complete records of all manual adjustments and user inputs maintain accountability and traceability.
Enables customizable accounting policies specifically for Web3, which can vary from traditional financial transactions. Empowers accountants with tools to make decisions for unique business needs. Built to scale with a system capable of processing millions of transactions daily and handling over $10 billion in transactions monthly (100ms P75 API latency).
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