When it comes to crypto bookkeeping, there aren’t a lot of helpful tips and tricks available on the web. If you Google “how to do crypto accounting” or “best practices for crypto bookkeeping” you won’t find much. Unlike any traditional accounting topic where there are plenty of resources, whitepapers, textbooks, and experts, finding answers to
As the bear market is upon us, what is top of mind for many crypto startups is the need to buckle down and conserve cash while still continuing to drive business forward. When cryptocurrency businesses are in their startup phase, it can be hard to forecast cash runways, especially if none of the leadership team
You’re building your NFT business to scale. You’ve worked with your legal and tech team to ensure your non-fungible token will both stand up to legal challenges and generate a revenue stream and value for years. However accounting for NFTs is often an afterthought and something most business owner’s leave to their tax accountant at
There are some strategic aspects of why accepting crypto is good for your business. In our last article we discussed why you may want to accept cryptocurrency in your business and it may not be as risky as you think. Many companies that aren’t used to dealing with crypto may feel that it is too
With Bitcoin making headlines in the past few weeks, companies may wonder, "Should I start accepting crypto in my business?" Unless you are in the crypto space, accepting cryptocurrencies in your business can seem like a risky and daunting task. However, the number of companies accepting cryptocurrencies in their business as means of commerce is
If you think you can save money by having your bookkeeper handle typical CFO and Controller functions, you may need to adjust your expectations. We’ve often seen business owners oversimplify what it takes to manage a growing firm's accounting and finance function. It goes beyond just pretty books and beautifully balanced bank recs. (And yes,
When it comes to crypto bookkeeping, there aren’t a lot of helpful tips and tricks available on the web. If you Google “how to do crypto accounting” or “best practices for crypto bookkeeping” you won’t find much. Unlike any traditional accounting topic where there are plenty of resources, whitepapers, textbooks, and experts, finding answers to
As the bear market is upon us, what is top of mind for many crypto startups is the need to buckle down and conserve cash while still continuing to drive business forward. When cryptocurrency businesses are in their startup phase, it can be hard to forecast cash runways, especially if none of the leadership team
You’re building your NFT business to scale. You’ve worked with your legal and tech team to ensure your non-fungible token will both stand up to legal challenges and generate a revenue stream and value for years. However accounting for NFTs is often an afterthought and something most business owner’s leave to their tax accountant at
There are some strategic aspects of why accepting crypto is good for your business. In our last article we discussed why you may want to accept cryptocurrency in your business and it may not be as risky as you think. Many companies that aren’t used to dealing with crypto may feel that it is too
With Bitcoin making headlines in the past few weeks, companies may wonder, "Should I start accepting crypto in my business?" Unless you are in the crypto space, accepting cryptocurrencies in your business can seem like a risky and daunting task. However, the number of companies accepting cryptocurrencies in their business as means of commerce is
If you think you can save money by having your bookkeeper handle typical CFO and Controller functions, you may need to adjust your expectations. We’ve often seen business owners oversimplify what it takes to manage a growing firm's accounting and finance function. It goes beyond just pretty books and beautifully balanced bank recs. (And yes,
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