7. Accounting & Tax

Accounting & Tax - Tracking for Businesses

The bottom line is that in most jurisdictions, business owners and all other merchants are required to pay sales taxes on earnings made through cryptocurrency transactions (taxable by law), just like transactions made through fiat currency. Most cryptocurrencies and cryptocurrency wallets do not provide business owners with a simple solution to keep track of their tax obligations.

SOLUTION

THAT provides business owners/merchants with simple accounting features (within the THAT app) to keep track of all their tax obligations (i.e. Goods & Services Tax). Business owners have the ability to set and configure how much tax applies to each business wallet, tailored to their specific business requirements.