Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
CryptaCount is a professional crypto accounting platform built to help businesses, accounting firms, auditors, and fund administrators manage digital asset accounting with confidence. Rather than functioning as a crypto tax calculator, it operates as a reconciled crypto sub-ledger that converts blockchain transactions and exchange activity into double-entry accounting records and financial statements. The platform supports more than 90 blockchain networks, over 100 wallet and exchange connections, and integrates with accounting systems such as Xero and Zoho Books while expanding support for additional general ledger platforms. CryptaCount includes 12 cost-basis calculation methods, automatically applies mandatory jurisdiction-specific rules such as UK Section 104 pooling and Canadian adjusted cost base, and can recalculate historical positions when accounting policies change. Built-in compliance features support IFRS, US GAAP, FASB fair value accounting, MiCA, DAC8, CARF, and other regulatory frameworks that organizations encounter when managing digital assets. Every transaction is classified automatically into categories such as staking rewards, DeFi income, swaps, transfers, gas fees, and other blockchain activities before being posted into the accounting workflow. The platform maintains a three-layer audit trail that links every financial statement balance back to its underlying blockchain transaction or exchange trade. Additional capabilities include NAV calculations, treasury reporting, portfolio valuation, role-based access control, enterprise security, and read-only wallet connectivity that never requires private keys.
Description
To initiate a reconciliation, one should start by examining the closing balance of the General Ledger in comparison to the sub-ledger or other pertinent documents, which may include bank statements or third-party records. Any discrepancies identified between these sources must be thoroughly investigated, measured, and resolved whenever feasible by making the necessary adjusting entries in either the general ledger or sub-ledger. It is also essential to document any anomalies as reconciling items to maintain transparency throughout the process. Ultimately, the balances should align perfectly and be substantiated with all accompanying documentation linked to the reconciliation. The review process is crucial for confirming the completeness of the reconciliation, and incorporating an additional approval layer can enhance confidence in its accuracy. Moreover, establishing a robust framework along with a standardized process can significantly streamline and enhance the efficiency of the reconciliation process at the end of each month. This not only fosters consistency but also aids in identifying potential issues much earlier in the cycle.
API Access
Has API
No
API Access
Has API
No
Integrations
NetSuite
Yes
QuickBooks Accountants
Yes
Xero
Yes
Zoho Books
Yes
Integrations
NetSuite
No
QuickBooks Accountants
No
Xero
No
Zoho Books
No
Pricing Details
$399/month/2 users
Free Trial
Yes
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
CryptaCount
Founded
2024
Country
Luxembourg
Website
www.cryptacount.com/en/
Vendor Details
Company Name
RecWise
Founded
2017
Country
Australia
Website
www.recwise.com
Product Features
Product Features
Audit
Alerts / Notifications
No
Audit Planning
No
Compliance Management
Yes
Dashboard
Yes
Exceptions Management
Yes
Forms Management
No
Issue Management
No
Mobile Access
No
Multi-Year Planning
No
Risk Assessment
Yes
Workflow Management
Yes