TaxBit Accounting Suite Announces End-to-End Fireblocks Integration

Is Your Business Using Fireblocks?

Businesses using Fireblocks for Web3 use cases can now fully integrate accounts and transactions within the TaxBit Accounting Suite. This new integration helps corporate tax and accounting teams aggregate data from their Fireblocks account, automatically categorize it, and sync those transactions to the general ledger via API.

Let the TaxBit Accounting Suite automate your crypto accounting calculations and save your team time and money while remaining GAAP and IFRS compliant. Contact us today to get started!

Why Fireblocks?

Fireblocks is the latest of many end-to-end integrations within the TaxBit Accounting Suite that bridges the gap between blockchain activity and your legacy ERP. Fireblocks is a user-friendly platform that uses direct custody to build new blockchain-based products and manage your digital asset operations.

When using Fireblocks, businesses can connect to over 1,800 institutional counterparties and access the entire crypto capital markets ecosystem. Directly connect to thousands of the largest liquidity providers, lending desks, banks, and market makers through the Fireblocks Console or API.

How To Get Started

Connecting to your business’s Fireblocks account within the TaxBit Accounting Suite takes less than one minute. Simply log in to TaxBit Accounting Suite, click “Add Source” on the “Sources” tab, and import your data with your API keys. 

TaxBit will automatically aggregate your transaction data and prepare it for reconciliation, syncing it to your general ledger and reporting.

The TaxBit Accounting Suite

If your business is using Fireblocks, contact us to learn more about the TaxBit Accounting Suite. 

At TaxBit, we are building pioneering solutions for digital asset accounting. Our technology is trusted by some of the world’s largest regulatory agencies, accounting firms, and crypto enterprises and enables the following:

• Support for GAAP-compliant journal entry and asset tracking

• Audit support that is built with auditors in mind

• Granular transaction and accounting detail transparency

• Scalability to handle tens of millions of transactions

• A controlled environment to support robust control frameworks such as ISO 27001 or SOC 1 & 2 audits 

• Industry thought leaders with technical accounting expertise; former FASB and Big Four employees working with national offices as your partners