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What are the bookkeeping implications of doing business in cryptocurrency?
What are the bookkeeping implications of doing business in cryptocurrency?
Max Franke avatar
Written by Max Franke
Updated over a week ago

The bookkeeping implications for cryptocurrency payables and receivables are the same as those for regular fiat (e.g. EUR or USD) payables and receivables. For each cryptocurrency movement, Request will show you the corresponding fiat value; these can be used for your accounting purposes.

With Consola Finance, Request offers a separate accounting platform that extracts transactions from your wallet or exchange automatically, categorizes them, and conveniently syncs them to your ERP.

Learn more about Consola Finance and how it helps you manage your accounting here.

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