Breezing is a crypto accounting platform that automates the integration of blockchain data with accounting systems like Xero and QuickBooks. The platform automatically updates journals, detects spam transactions, and recognizes DeFi rewards, streamlining crypto accounting for businesses.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses handling digital assets face complexities in integrating blockchain data with traditional accounting systems, leading to manual reconciliation, potential errors, and difficulties in managing crypto-specific transactions like DeFi rewards and spam. Existing accounting workflows often lack the automation and specialized features required for accurate and efficient crypto accounting.
Solution
Breezing offers a crypto accounting platform designed to automate the integration of blockchain data with accounting systems such as Xero, QuickBooks, and Bexio. The platform automatically synchronizes and updates journals, detects and labels spam transactions, and recognizes DeFi rewards, streamlining crypto accounting processes. By automating these tasks, Breezing eliminates manual data entry, reduces the risk of errors, and provides businesses with accurate, real-time insights into their crypto transactions. The platform supports a wide range of blockchains and exchanges, ensuring comprehensive coverage for diverse crypto portfolios.
Target Audience
Breezing is designed for accountants, bookkeepers, and businesses that handle cryptocurrencies and digital assets, particularly those using Xero, QuickBooks, or Bexio for their accounting needs.
Features
- Seamlessly sync and update journals in Xero, QuickBooks Online, and Bexio.
- Automatically detect, label, and hide spam transactions.
- Automatically identify the blockchain from wallet addresses.
- Close invoices in Xero and QBO without needing a clearing account.
- Recognize DeFi rewards automatically when they are issued.
- Manage millions of transactions with scalable architecture.
- End-to-end encryption for data security.
- Role-based access control for team collaboration.
- Automate workflows with customizable rules.
- Automatically label accounts based on transaction type.
- Generate reports for clients.
- Supports both universal and per-wallet net gain and loss calculations, with options to select specific wallets and tokens.
- FIFO (First-In, First-Out) net gain/loss calculation method.