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...

The collapse of TerraUSD (UST) has had a ripple effect among popular stablecoins, leading to some losing their peg temporarily as the market digests the news and scrutinizes the methodologies used by stablecoin issuers.  While most of the most popular stablecoins such as Circle’s USDC, MakerDAO’s DAI, and Tether’s USDT...

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...

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...

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...

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...

Whether or not you use crypto, these overlooked tasks can help you save money on taxes and avoid headaches down the line.

Crypto accounting can be automated, but relying on tech alone can get you in trouble.

We worked with a fast-growing client in the DeFi space who needed a better way to track crypto other than in Excel. We met to discuss their crypto workflow, selected and implemented the crypto accounting system, automated their payables process, and maintained their ongoing bookkeeping.

You can’t build a five-story building on a one-story foundation.