Crypto Accounting & Tax Services

Crypto Accounting & Tax Services

ElectraFi

Service Overview

ElectraFi provides comprehensive crypto accounting, bookkeeping, and tax services for Web3 startups and businesses holding digital assets. With experience integrating Bitcoin on balance sheets since 2013, the firm offers specialized expertise in navigating the complexities of digital asset accounting and Australian/international tax compliance.

Core Service Components

Crypto Accounting & Bookkeeping

Specialized Processes: Bitcoin, crypto, NFT, and DeFi activity accounting with proper subledger integration into cloud accounting systems like Xero and QuickBooks.

Tax Planning & Preparation

Multi-Jurisdiction Expertise: Australian and international tax planning and preparation for business crypto activities, including capital gains, trading income, and DeFi yields.

Monthly Reporting

Financial Visibility: Cash runway, burn rate, and budget variance reporting with enhanced visibility over financial risks in volatile crypto markets.

System Setup & Integration

Best Practices: Crypto accounting system setup, processes, SOPs, and integration with existing financial infrastructure.

Fractional CFO Services

Outsourced Finance: Full finance function support for Web3 startups without dedicated CFO resources.

Why Web3 Projects Need This Service

Crypto accounting requires specialized knowledge that most traditional accountants lack. ElectraFi has been solving Bitcoin accounting challenges since before formal guidance existed, providing the experience and expertise to navigate uncertain regulatory environments.

Target Clients

• Web3 startups needing complete finance function
• Companies holding Bitcoin/crypto on treasury
• NFT projects with complex royalty structures
• DeFi protocols with yield activities
• Businesses expanding into Web3

Service Differentiators

Decade of Crypto Experience

Integrating Bitcoin on balance sheets since 2013 provides unmatched practical experience.

Bitcoin-First Philosophy

Deep Bitcoin understanding informs sophisticated approach to all digital asset accounting.

Australian Tax Expertise

Specialized knowledge of ATO requirements and Australian crypto tax law.

Industry Network

Active membership in Blockchain Australia, CryptoCFOs, and Web3 Finance Club ensures current best practices.