7. Accounting & Tax

Accounting & Tax - Tracking for Businesses

PROBLEM

In most jurisdictions, business owners must pay sales taxes on earnings from cryptocurrency transactions, just like with fiat currency. However, most cryptocurrencies and wallets do not offer simple solutions to track these tax obligations.

SOLUTION

THAT will introduce key accounting features within the app to help business owners track all tax obligations, such as Goods & Services Tax. Business owners will be able to configure how much tax applies to each business wallet, tailored to their specific business requirements.