If you are contemplating to run your business on crypto rails, the framework for your bookkeeping is a combination of traditional and crypto native accounting softwares.
Like any traditional business, you will need a traditional ERP solution softwares like Quickbooks, Xero, Oracle NetSuite being used as your Main Ledger.
And a specialized crypto accounting software to be used a Sub ledger - which would extract, process and feed in transactions from the blockchain to your Main ledger.
If you are looking to scale your business using crypto, you need to start automating your crypto bookkeeping.
On Episode 40, I speak with Jacob Kobler, the CEO & Founder of Consola Finance.
Consola Finance allows you to convert the blockchain transactions from wallets, exchanges, and custodians into your accounting software to facilitate your reporting, audits and tax filings.
Topics Covered:
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Twitter: https://twitter.com/consolafinance
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