Crypto worth helped juice, vendor labs at filing taxes, they were in a complicated tax situation with three years of back due taxes, and the software was great at sorting transactions and gaining tax compliance.
- Full feature set (this was my requirement when choosing our accounting software for my 2 c-corps): Sync Banks + Crypto Wallets (SOL, all EVM, probably more that I haven't used) + no limits that I could find on added synced banks/wallets. Also met requirements I had listed below.
- Easy to create and manage chart of accounts for specialized classifications
- Ability to intelligently bulk classify transactions
- Can set rules that let you auto-classify like-kind transactions
- Clean UI that provides all information needed at a glance on the transactions page (value, amt, to/from, tx-id, etc.)
- Tested and confirmed ability to sync over 250,000 transactions between 5+ wallets (Solana, ETH) accurately, effectively, and smoothly. Takes a few minutes as expected for 250k tx's, but the site doesn't lag at all (rare for these types of softwares), and the UX while waiting remains unchanged
- Priced better than any other option designed with their large feature set by a longshot. Plus, based on trials of the other products, it's better
- It's connection to QBO AND Xero are both excellent. I've used both personally and literally had 0 issues
- Responsive support from actual team members that listen and will actually FIX the problem (or guide you through what you're doing wrong, more likely lol). I've also requested feature additions, which they implemented! Their support is honestly unparalleled - especially for their not being an extra support fee
Automate your crypto month-end close. Smooth crypto accounting. Execute Cost Basis, WAC calculations, and generate financial reports from 130+ blockchain networks, 730 DeFi Protocols and +1000 integrations. Cryptoworth tracks value appreciation and depreciation automatically of assets by calculating the fair market values using the timestamps of on-chain and fiat transactions from our state-of-the-art data lake. Cryptoworth's comprehensive data sync, insightful reporting, and effortless management make it an essential tool for CFOs, web3 accountants and blockchain finance teams to navigate the complexities of the digital asset financial landscape.
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