About Syncaru

Provides a crypto accounting platform that automates transaction retrieval from blockchains, exchanges, and wallets, while syncing and reconciling data with QuickBooks Online. The system auto-populates fiat values using historical spot prices, offers AI-assisted journaling, and enables real-time two-way synchronization, streamlining the accounting process for accountants, bookkeepers, and businesses dealing with crypto assets.

```xml <problem> Businesses handling cryptocurrency transactions face challenges in accurately tracking, reconciling, and reporting these transactions within traditional accounting systems. Manual data entry and a lack of integration between crypto platforms and accounting software can lead to errors, inefficiencies, and compliance risks. </problem> <solution> Syncaru provides a crypto accounting platform that automates the retrieval, reconciliation, and synchronization of crypto transactions with QuickBooks Online. The platform fetches transaction data from various blockchains, exchanges, and wallets, automatically populating fiat values using historical spot prices. It employs AI-assisted journaling to streamline the creation of journal entries and offers real-time, two-way synchronization with QuickBooks Online. This enables accountants, bookkeepers, and businesses to manage their crypto assets within a familiar accounting environment, reducing manual effort and improving accuracy. </solution> <features> - Automated transaction retrieval from blockchains (Bitcoin, Ethereum, Solana, Dogecoin), exchanges (Coinbase), and wallets using public addresses or extended public keys. - Automatic population of fiat values using historical spot prices at the time of each transaction. - AI-assisted journaling workflows with prepared journal entries for crypto transactions. - Two-way, real-time synchronization with QuickBooks Online. - Crypto Asset COA (Chart of Accounts) Mapper for mapping crypto assets to existing or new accounts in QuickBooks Online. - Crypto Asset Portfolio Tracker for consolidated tracking of crypto assets. - Crypto Asset Registers for detailed transaction records. - Robust transaction filtering and search capabilities. - PDF and CSV export of accounting-ready crypto asset registers. </features> <target_audience> Syncaru primarily serves accountants, bookkeepers, accounting firms, and business owners who need to manage and report on crypto assets within their accounting workflows. </target_audience> ```

What does Syncaru do?

When was Syncaru founded?

Syncaru was founded in 2023.

Founded

2023

Employees

1 employees

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Syncaru

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Executive Summary

syncaru.com 100+

Founded 2023

Funding

No funding information available.

Team (<5)

No team information available.

Company Description

Problem

Businesses handling cryptocurrency transactions face challenges in accurately tracking, reconciling, and reporting these transactions within traditional accounting systems. Manual data entry and a lack of integration between crypto platforms and accounting software can lead to errors, inefficiencies, and compliance risks.

Solution

Syncaru provides a crypto accounting platform that automates the retrieval, reconciliation, and synchronization of crypto transactions with QuickBooks Online. The platform fetches transaction data from various blockchains, exchanges, and wallets, automatically populating fiat values using historical spot prices. It employs AI-assisted journaling to streamline the creation of journal entries and offers real-time, two-way synchronization with QuickBooks Online. This enables accountants, bookkeepers, and businesses to manage their crypto assets within a familiar accounting environment, reducing manual effort and improving accuracy.

Features

Automated transaction retrieval from blockchains (Bitcoin, Ethereum, Solana, Dogecoin), exchanges (Coinbase), and wallets using public addresses or extended public keys.

Automatic population of fiat values using historical spot prices at the time of each transaction.

AI-assisted journaling workflows with prepared journal entries for crypto transactions.

Two-way, real-time synchronization with QuickBooks Online.

Crypto Asset COA (Chart of Accounts) Mapper for mapping crypto assets to existing or new accounts in QuickBooks Online.

Crypto Asset Portfolio Tracker for consolidated tracking of crypto assets.

Crypto Asset Registers for detailed transaction records.

Robust transaction filtering and search capabilities.

PDF and CSV export of accounting-ready crypto asset registers.

Target Audience

Syncaru primarily serves accountants, bookkeepers, accounting firms, and business owners who need to manage and report on crypto assets within their accounting workflows.