July 28, 2023
Commodity vs Security: are Cryptocurrency Securities? Or Commodities?
Unraveling the cryptocurrency conundrum: Are cryptocurrencies securities or commodities? Explore their impact on markets and regulation.
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Our extension is designed to simplify and automate cryptocurrency accounting for businesses of all sizes. By integrating seamlessly with Xero, our extension provides a comprehensive solution for tracking, managing, and reporting on cryptocurrency transactions.
Simplify and automate cryptocurrency accounting for businesses of all sizes.
Our extension integrates seamlessly with Xero, one of the most popular accounting software solutions on the market. This means that businesses can import cryptocurrency transactions from exchanges and wallets directly into Xero, without any manual data entry.
Our extension integrates seamlessly with Xero, one of the most popular accounting software solutions on the market. This means that businesses can import cryptocurrency transactions from exchanges and wallets directly into Xero, skipping manual data entry.
Automatically calculate profits and losses on each transaction. Choose your default inventory method: FIFO, LIFO or AVG
Customize how your cryptocurrency transactions are categorized and reported in Xero. This makes it easy to reconcile balances and generate accurate financial reports.
Our interface has been developed by expert accountants with the goal of making it easy to understand. If you are familiar with Xero, using our app will be almost intuitive!
Once you have reconciled all the crypto transactions in Contacrypto, just sync with Xero and all the chart of accounts setting will push the data to the right places, so you can take care of the tax reporting from Xero.
Our crypto accounting software will take care of the tedious part of dealing with manual reconciliations.
Custom connections to the most popular exchanges and Blockchains to streamline importing the transactions data in an easy to understand way.
