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Description
Bitwave provides comprehensive services for bookkeeping, accounting, tax management, invoicing, bill payments, and payroll specifically tailored for the DeFi and cryptocurrency sectors. With Bitwave, monitoring your DeFi return on investment and managing your digital asset treasury becomes straightforward and efficient. The task of calculating taxes related to cryptocurrencies and DeFi activities can be quite intricate, especially for businesses involved in these digital transactions. It is essential for such businesses to accurately track the cost basis of their digital assets and the associated tax implications. Fortunately, Bitwave presents an all-encompassing solution for managing crypto and DeFi tax tracking, which streamlines the end-of-quarter processes significantly. Our advanced enterprise digital asset platform seamlessly integrates blockchain data with your accounting systems, facilitating the preparation of your crypto tax obligations. Additionally, we offer features for cost averaging and specific identification, enabling you to generate detailed reports and select the tax strategy that aligns with your business needs. Furthermore, our platform conveniently updates mark-to-market valuations to reflect the current worth of your holdings, alongside tracking your crypto gains and losses meticulously, ensuring you are always informed about your financial standing. This holistic approach not only simplifies compliance but also empowers businesses to make informed financial decisions.
Description
Syla is Australia's cheapest crypto tax software.
All plans cover 10,000 transactions over the course of all financial years.
> Developed by an Australian team of tax professionals to meet Australian tax laws.
Syla's LTFO (Lowest Tax First Out) tax optimization ensures that you pay the lowest legal tax possible.
Create crypto tax reports that are compliant with ATO.
Exclusively for Australia
The tax logic in Syla was designed by a team of dedicated tax professionals, which includes a Chartered Accountant CA, Chartered Tax Adviser CTA, Tax Lawyer (LLB), and SMSF Specialist Advisor SSA.
API Access
Has API
Yes
API Access
Has API
No
Screenshots View All
No images available
Integrations
Anchorage Digital
Yes
Canton
Yes
Coinbase
Yes
Kraken
Yes
NYDIG
Yes
NetSuite
Yes
QuickBooks Online
Yes
Sage Intacct
Yes
SushiSwap
Yes
Uniswap
Yes
Integrations
Anchorage Digital
No
Canton
No
Coinbase
No
Kraken
No
NYDIG
No
NetSuite
No
QuickBooks Online
No
Sage Intacct
No
SushiSwap
No
Uniswap
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Pricing Details
$59/year
Free Trial
No
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Bitwave
Founded
2018
Country
United States
Website
www.bitwave.io
Vendor Details
Company Name
Syla
Founded
2022
Country
Australia
Website
www.syla.com.au
Product Features
Crypto Tax
Automated Data Import
Yes
Exchange Integration
Yes
Export Transactions
Yes
Historical Prices
Yes
Income Overview
Yes
Margin & Futures Support
Yes
Profit & Loss / Cap Gains
Yes
Staking / Lending / DeFi Support
Yes
Tax Form Generation
Yes
Tax Loss Harvesting
Yes
Wallet Integration
Yes
Product Features
Crypto Tax
Automated Data Import
No
Exchange Integration
No
Export Transactions
No
Historical Prices
No
Income Overview
No
Margin & Futures Support
No
Profit & Loss / Cap Gains
No
Staking / Lending / DeFi Support
No
Tax Form Generation
No
Tax Loss Harvesting
No
Wallet Integration
No
