Cryptocurrency Tax Accountants: Crypto Bookkeeper

Professional Accounting for Blockchain

Clearing Accounts

Management & implementation of clearing accounts is essential for reflecting accurate transactional balances & reconciliation. We ensure balances are always up-to-date and precise. Proper oversight gives critical value from a reporting standpoint.

Subledger

Subledgers play an essential role as they provide granular information about specific transactions. You can track all transactions related to particular cryptocurrency wallets, such as deposits, withdrawals, and transfers. This can be beneficial in tax compliance, financial reporting.

Accurate Price Recording

Crypto markets are volatile. Therefore, they require real-time and accurate transaction recording. The Aquifer team ensures that each transaction is recorded properly, allowing for correct financial reporting even in highly volatile market conditions.

Wallet Tracking

Monitor and analyzing the transactions and balances of your crypto wallet is important.The flow of funds This visibility provides insight into your portfolio. Our team ensures every transaction is tracked to get an accurate financial picture, allowing you to focus on growth in the crypto space.

Maximizing Growth: Key Factors to Consider When Scaling Your Crypto business

Be adaptable to market volatility and build a VC standard accounting structure. Let us help you do your accounting so you can scale your business effectively.

Regulatory Compliance

The crypto and blockchain markets are always facing regulation challenges. Our team helps you understand the changes and make the necessary adjustments so you can continue operating. We collect and report the correct financial information to regulatory organizations.

Creating Financial Models

Crypto markets are volatile, therefore making it essential to rely on accurate financial models that can adjust to market changes and any other changes that occur in the market. Aquifer team has experience creating reliable financial models in the crypto markets that help you minimize risk.

Revenue Recognition

The value of the cryptocurrency can differ significantly between the transaction time and the time it was reported. The price changes also make valuation hard to predict. Aquifer team ensures that revenue recognition practices are industry-compliant, providing clarity and accuracy.

Taxation Expertise

Navigating the complex taxation landscape of cryptocurrencies requires expertise in calculating gains and losses accurately. Aquifer team specializes in developing comprehensive tax strategies tailored to the unique characteristics of crypto assets. We provide guidance on appropriate methods for calculating gains and losses, considering factors such as trading frequency, holding periods, and regulatory requirements.

Internal Controls and Integration

Implementing robust internal controls and integrating blockchain with traditional financial systems is essential for efficient operations in the crypto space. Aquifer team specializes in designing and implementing stringent internal controls tailored to the decentralized nature of blockchain technology. Our team enables seamless integration of blockchain data with traditional financial systems, streamlining operations and enhancing transparency.

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Our Clients

Rich and the aquifer team helped us significantly improve our financial infrastructure. This allows us to focus on scaling faster, while feeling confident we have the right financial systems in place."

Cody Ruberto

Founder & CEO of URIDE

The Aquifer team has been incredibly insightful in approaching our finance stack, making them an invaluable partner for our business. They work with us rather than around us and continue to lend their expertise in the world of web3 accounting."

Justin Ho

CFO of Mojito

Aquifer was instrumental in helping GDA scale by providing financial infrastructure & processes, financial advisory seed + Series A rounds, corporate accounting & tax support, and any other ad-hoc projects. The team brought a strong sense of co-founder ownership."