I used Bitwave for a few of our Crypto clients and it worked out very well. It helps to automate and streamline the crypto accounting process and reduce manual work. I like the accounting close feature as Bitwave provides the step and step instructions on how to perform monthly close accounting for Crypto work. It provides us the confidence that we are doing the crypto work correctly. Also, Bitwave will assign an onboarding specialist to help with the onboarding. This is extremely helpful as human support makes everything goes smoothly. I really like the human support part as it makes a big difference.

Crypto Accounting software that accounts for Defi transactions and is compatible with Netsuite, Xero and Quickbooks. Also has excellent support service.

Bitwave does well at capturing crypto activity automatically through API connections. It calculates realized gain/loss amounts on your behalf, which you can then use to create journal entries in your ERP. There are a few good reports like the Balance reports, which you can run as of a particular date and use for Mark to Market journal entries. Good onboarding support and troubleshooting issues.