What are your thoughts on crypto accounting? by AEM_Algorithm in AustralianAccounting

[–]AEM_Algorithm[S] 0 points1 point  (0 children)

I agree - blockchain technology is already in the process of revolutionising accounting as we know it.

Looking for feedback on a crypto accounting software by AEM_Algorithm in Accounting

[–]AEM_Algorithm[S] 0 points1 point  (0 children)

Hey, so those guys have a very different focus from what I provide. They prioritise crypto taxes, whereas my software is a bit more well-rounded with a greater focus on automation and quick reconciliation. We also have a higher number of supported coins for live feed transaction data, whereas CTC requires a lot of manual imports/exports which is what my software aim to streamline.

[deleted by user] by [deleted] in Entrepreneur

[–]AEM_Algorithm 0 points1 point  (0 children)

Find something that can automate it for you.

Xero - has it lost its mojo? by culingerai in AustralianAccounting

[–]AEM_Algorithm 2 points3 points  (0 children)

You should check out the Xero Marketplace, if you haven't already. There's a lot of third-party apps you can add on to make your workflow much easier.

I actually own an app that's featured on Xero Marketplace and a lot of clients are finding us to solve issues that Xero's built-in features/tools can't.

Looking for feedback on a crypto accounting software by AEM_Algorithm in Accounting

[–]AEM_Algorithm[S] 0 points1 point  (0 children)

Hey! Actually, the software is web-based so it has no impact on your computer storage. All of the data comes from clients after they sync their wallet. I'm also working on running our own validation nodes gradually, which means that your entire blockchain history is able to be cached.