Bitwave Overview
- What is Bitwave?
Bitwave is a platform that handles the complexities of digital asset management for enterprises, incorporating tools for tax compliance, accounting, and financial reporting. It supports decentralized finance and NFT activities, offering robust tracking and reporting capabilities that comply with GAAP and IFRS standards.
- Main Features
- Automates the accounting process for crypto transactionsOptimize taxes with customizable inventory segregation methodsPayment and invoicing in cryptocurrenciesIntegrates with traditional accounting platformsAutomated transaction syncing
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Frequently asked questions
Yes, Bitwave can automate accounting workflows for NFTs. It provides features such as automated categorization of transactions, tracking of revenue and royalties, monitoring of expenses, and recognition of taxable events. It also offers integrations with accounting software, blockchains, custodian providers, DeFi protocols, and exchanges.
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