ACCOINTING.com review

ACCOUNTING.com is a one-stop platform for crypto users to track their crypto portfolios and file crypto taxes. Founded in 2018 and headquartered in Switzerland.

It has a desktop platform and a mobile app. Both have user interfaces with insightful dashboards that help users track the performance of decentralized finance (DeFi), centralized finance (CeFi), and non-fungible token (NFT) transactions in real time. is equipped with

This helps users to easily classify transactions and transactions for the purposes of tax reporting in their respective countries or regions.

ACCOUNTING.com’s must-read review highlights how it works, key features, pros and cons, and why you should use it.

Usage

ACCOUNTING.com offers a set of tools to help you with the following tasks:

• Track your crypto portfolio with market overviews, market listings, market alerts and market sentiment
• Crypto portfolio management including asset allocation and historical portfolio performance.
• Tax reporting including custom tax reports, tax software integration, tax forms (Turbo tax, Form 8949, WisoSteauer, etc.), and tax optimization (Trading Tax Optimizer-Tax Loss Harvesting).

ACCOUNTING.com is integrated with over 400 cryptocurrency service providers, including cryptocurrency wallets, exchanges, and DeFi protocols, automatically capturing trades from cryptocurrency wallets and exchanges for the purpose of calculating profits and losses. can be imported. You can also analyze performance in real-time and dive deep into transaction history across cryptoverses.

Plus, ACCOUNTING.com lets you get your crypto tax report in just 5 clicks. Reports are available in FIFO, LIFO, and HIFO formats.

You can also check general crypto market performance, set alerts, research trending tokens, and share personalized and curated token lists via Twitter.

Main function

Crypto API

ACCOUNTING.com has over 400 integrations with crypto exchanges, wallets, blockchains and other crypto service providers to allow users to import transactions from other crypto platforms.

Integrated exchanges include Binance, OKX, FTX, BitPanda, FTX, Coin Spot, Kraken, Gemini, Poloniex and Kucoin.

Crypto Portfolio Management

ACCOINTING.com has a crypto portfolio dashboard on desktop, iOS and Android platforms, where users can automatically connect to all crypto exchanges and wallets to see their trading summary and net profit.

crypto tax calculator

This allows users to automatically classify and calculate crypto taxes. This allows the user to consider all crypto activities including her DeFi staking, margin trading, mining and trading. The calculator applies generally accepted crypto tax principles when generating crypto tax reports.

In addition to helping with crypto tax reporting, the crypto tax calculator also helps identify tax saving opportunities.

ACCOUNTING.com Pricing

ACCOUNTING.com has four packages: Starter, Hobbyist, Trader and Pro.

• Starter Package This is free and allows users to submit up to 25 taxable transactions per year. If you don’t do too many crypto transactions, this is a good package for you.
• Hobbyist Package This allows users to submit reports for up to 500 taxable transactions per year. It costs $75 a year.
• Trader Package This allows users to submit reports of up to 5,000 taxable transactions per year. It costs $199 a year.
• Pro Package This allows users to submit reports for up to 50,000 taxable transactions per year. It costs $299 a year.

Pros and Cons of ACCOINTING.com

Strong Points

• ACCOUNTING.com allows users to easily connect to wallets and crypto exchanges and track their crypto portfolio from a single platform.
• It allows users to easily classify crypto transactions and generate crypto tax reports.
• It only takes about 5 clicks to generate a crypto tax report.
• It also includes NFT transactions when generating tax reports.
• This allows users to edit transaction details to ensure tax reporting is accurate

Cons

• Transaction details can be a bit confusing, especially if there are too many crypto transactions.
• It also requires further integration to include wallets such as the Trust wallet, a very popular crypto wallet.

Why should I use ACCOINTING.com?

Filing crypto taxes can be very difficult, especially if you are involved in too many transactions involving NFTs. It is to do, and it becomes even more difficult if you are trading or trading various crypto products.

ACCOUNTING.com provides a one-stop platform where you can generate crypto tax reports for filing crypto taxes. You can choose your package according to the number of transactions in the target year.

After signing up and paying for your chosen package, your crypto tax report will be automatically generated in about 5 clicks. Eliminate the hassle of manually classifying and calculating taxes due.

On top of that, they offer excellent customer service, have best-in-class accuracy when generating tax reports, and are a great help to newcomers in understanding how to go through the process of filing their crypto taxes. We provide a helpful and detailed instructional guide.

final verdict

ACCOUNTING.com is a game changer in imposing crypto taxes on individual crypto users and organizations. We do not discriminate between individuals and companies. Midsize businesses, small businesses, large corporations, individual freelancers, crypto whales, non-profits, and governments choose from the same packages, depending on the number of crypto transactions under consideration.

It is ideal if you are looking for a platform to generate crypto tax reports as it can be linked to any crypto service provider. It integrates almost all crypto exchanges and wallets. Some of the exchanges and wallets that ACCOUNTING.com does not integrate with are because they do not have an API.