Cryptocurrency Tax Reporting
CryptFolio® is a powerful web-based platform for managing and tracking cryptocurrency portfolios. As an investor, trader, or business accepting cryptocurrencies such as Bitcoin and Ethereum, satisfying your tax reporting requirements in such a rapidly changing environment can be overwhelming.
CryptFolio has been designed from the ground up to support the specific requirements and complexities of tracking and reporting on thousands of cryptocurrencies, helping you (and your accountant) complete your tax reports and returns, such as GST, VAT, IR3, IR4, and others.
Track all of your assets
CryptFolio provides you with a single platform to track and manage all of your cryptocurrency assets – including your exchange wallets, cryptocurrency addresses, and mining pool accounts.
Thousands of currencies
We maintain detailed historical exchange rates for thousands of exchange pairs since 2011, and can combine these exchange pairs into composite rates for almost any pair of currencies.
CryptFolio also automatically picks up new currencies and tokens as they are released, allowing us to support any altcoin portfolio.
Inventory reports using FIFO
Many states consider cryptocurrency to be a kind of inventory asset, requiring the use of inventory reporting. CryptFolio is built from the ground up to support the specific needs of cryptocurrency inventory.
First-in first-out (FIFO) reports can calculate your purchases, sales, and your realised and unrealised gains for any period and currency.
Coming soon: LIFO and weighted average report options.
Export to CSV and PDF
Each inventory report can be exported into a number of different formats, depending on your reporting or regulatory needs.
You can also export all of your transactions as CSV into a single, standard format.
Built for accountants
Our tax reporting tools have been built with the user experience of accountants in mind. Insert manual transactions or valuations, link transactions together, export/import CSV files, and add comments – all from a single interface.
Coming soon: Account grouping, account labelling, and custom transaction types.
Integrate with existing tools
Every person and business has different financial and reporting needs. You may already have existing accounting packages or relationships with financial advisors.
CryptFolio is not designed to replace your existing workflow, but rather enhance it – acting as a bridge between the cryptocurrency world and the fiat world.
Coming soon: Direct integration with third-party accounting software, such as Xero or Quickbooks.