Top 10 Accounting Tools for Web3 Companies

As Web3 companies continue to grow at an amazing rate, many are now searching for full blockchain accounting tools to help streamline their financial operations and maintain transparency.

Below we have done the research for you by providing a list of the top 10 best accounting tools for Web3 companies.

Each of them have similarities as well as their own unique features, so make sure to check out all options individually.

Let's begin with #1.

1. Integral

Integral stands out with its extensive integrations across dozens of chains, custodians, and exchanges, making it a versatile choice for diverse crypto accounting needs.

Additionally, its unique NFT tracking and accounting capabilities set it apart from other tools.

Services Offered

• Automated accounting
• Legible crypto data
• Consolidated treasury
• Crypto tax calculation
• Auditable financial records
• Intelligent bookkeeping

Unique Features

• Dozens of integrations for chains, custodians, and exchanges
• NFT tracking and accounting

2. TaxBit

TaxBit excels in enterprise tax and accounting solutions, offering robust IFRS and FASB reporting along with GAAP compliance, which ensures adherence to global accounting standards.

Its comprehensive public sector services further distinguish it from other platforms.

Services Offered

• Enterprise tax
• Enterprise accounting
• Information reporting
• Broker cost basis
• Public sector

Unique Features

• IFRS and FASB Reporting
• GAAP Compliance

3. Cryptio

Cryptio is impressive with over $135 billion processed and its ability to directly import on-chain data from more than 40 Layer 1 blockchains.

This makes it exceptionally powerful for large-scale enterprise crypto accounting and reporting.

Services Offered

• Crypto asset accounting
• Crypto tax reporting
• On-chain stablecoin tracking
• Enterprise back-office

Unique Features

• $135B+ processed
• Directly import on-chain data from 40+ Layer 1 blockchains

4. Cryptoworth

Cryptoworth is distinguished by its specialized reporting for DeFi and NFTs, providing tailored solutions for complex crypto activities.

Its staking and gaming accounting features make it an ideal choice for diverse crypto financial management.

Services Offered

• Crypto accounting
• Crypto data reconciliation
• Close management
• Defi accounting
• NFT accounting
• Staking accounting
• Gaming accounting

Unique Features

• Defi and NFT reporting
• Staking reporting

5. Bitwave

Bitwave offers advanced accounting solutions for high-volume transactions and blockchain gaming, making it a unique tool in the market.

Its sophisticated API solutions enhance its utility for large-scale crypto enterprises.

Services Offered

• High volume transaction accounting
• Audit-ready bookkeeping
• Tax tracking
• Crypto subledger
• Impairment testing
• Staking accounting

Unique Features

• Accounting for blockchain gaming
• Advanced API solutions

6. Koinly

Koinly ’s strength lies in its extensive integration capabilities, supporting over 800 platforms, making it highly versatile.

It also excels in providing detailed accounting for futures and margin trading, catering to advanced crypto traders.

Services Offered

• Crypto tax reports
• Crypto portfolio tracker
• DeFi, NFTs, Futures, Margin Trading accounting
• Reports for ATO, IRS, HMRC, CRA

Unique Features

• 800+ integrations
• Futures and Margin Trading accounting

7. SoftLedger

SoftLedger ’s cloud-based architecture and open API structure make it a modern, flexible solution for real-time crypto accounting.

Its multi-entity accounting capabilities further enhance its appeal for complex organizational structures.

Services Offered

• Crypto accounting
• Multi-entity accounting
• Automate accounts payable
• Cloud-based accounting

Unique Features

• Open API structure
• Based on the cloud
• Real-time accounting

8. ZenLedger

ZenLedger stands out with its specialized reports for mining and staking revenue, offering detailed insights into these specific crypto activities.

Its focus on cryptocurrency donations and on-demand customer service provides a personalized touch.

Services Offered

• Crypto income reports
• Capital gains and losses
• Sales and other dispositions
• Tax loss harvesting
• Grand unified accounting

Unique Features

• Mining and staking revenue reports
• Cryptocurrency donations
• On-demand customer service

9. CoinTracking

CoinTracking is unique with its direct import feature from over 70 exchanges and wallets, streamlining the data integration process.

Its extensive use by over 25,000 CPAs and corporate clients attests to its reliability and effectiveness.

Services Offered

• Crypto tracking
• NFT tracking
• Defi tracking
• Tax reports for 100+ countries
• Crypto trend analysis

Unique Features

• Direct imports from 70+ exchanges and wallets
• Over 25,000 CPAs and corporate clients

10. Gilded

Gilded , now part of Bitwave, is notable for its popularity on the Quickbooks App Store, indicating its user-friendly design and widespread adoption.

Its specialized crypto invoicing and NFT sales reporting capabilities make it a standout choice.

Services Offered

• Crypto accounting and reports
• Crypto invoicing
• NFT sales reporting

Unique Features

• Acquired by Bitwave
• One of the most popular apps on the Quickbooks App Store

Final Thoughts

Every option on this list is a phenomenal choice for your business's crypto accounting needs, so it is important to take a look at the unique features and pricing of each platform in order to choose the right one for you.

For more helpful resources for Web3 operators like yourself, make sure you download our Web3 Operators Playbook .