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albert
@thatguyintech
has anyone here tried finding crypto tax software that can do ~100K transactions is koinly the play here
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andrew duca
@duca
Koinly is great, just very manual (cheaper software, more labor is the tradeoff they make).
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albert
@thatguyintech
got it im just shocked at how few options there are out of the box need to learn more about the challenges of transaction indexing and revenue recognition
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andrew duca
@duca
Yeh I think it’s bc there aren’t a ton of web3 businesses as customers (so not a ton of products to cater to them). There are enterprise solutions that generally cost cost $25-100k a year. There were a few a while ago that went bankcrupt. Focused on smaller crypto startups. Consumer tax products run profitably tho (like Awaken, and koinly) so they can start to tack on the b2b offering.
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