Crypto Accounting for NetSuite
Streamline your digital asset management with Cryptoworth’s direct integration into NetSuite, the ultimate tool for enterprise-level accounting.
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The #1 Crypto Accounting Solution for NetSuite
Read the detailed article "Netsuite Crypto Accounting: What You Need to Know"
Integrate Cryptocurrency with Oracle NetSuite
Cryptoworth enhances NetSuite’s capabilities by integrating crypto data seamlessly, allowing for streamlined financial processes across your SME and enterprise.
Automate Your Crypto Accounting with NetSuite
Is manual entry too resource intensive? Now you can manage multiple wallets, multi-sig, custodians and exchanges effortlessly. Cryptoworth’s integration with NetSuite automates data syncing, reduces manual entry, and ensures 100% accuracy.
Expedite Month-End Closings
NetSuite’s integration with Cryptoworth allows your team to close the month-end rapidly, leveraging real-time data and automated processes.
Dedicated Support and Guidance
The Cryptoworth team allocates a dedicated customer support representative to your account, ensuring your NetSuite integration is seamless. We provide support to optimize enterprise-level crypto accounting workflows.
Built for Oracle NetSuite
Cryptoworth is engineered to integrate deeply with Oracle NetSuite, using secure APIs to ensure real-time access to your financial data. No need for additional middleware or higher implementation costs.
Streamline your digital asset management with Cryptoworth’s direct integration into NetSuite, the ultimate tool for enterprise-level accounting.
Amplify Oracle Netsuite for your Crypto Accounting
JOIN 100+ WEB3 ACCOUNTANTS USING NETSUITE FOR DIGITAL ASSETS
90%
Time Saved
Save time and reduce costs and errors using Cryptoworth's smart calculations.
50%
Reduced Costs
Get more done with less resources. Leverage the power of automation.
30%
More Customers
Manage more portfolios and accounts when you save time using Cryptoworth.
SOC 2 Type 2
SOC 2 Type 2
Sandbox
Testing Ground
Sandbox allows companies to test data accuracy on our platform without booking a demo, ensuring safer evaluation and validation.
Module Data Reconciliation
Sanity Checks
Single entity license only
5 Connections
2000 Transaction Lines
Invoices & Bill Management
Standard Support
Self Onboarding
See How Crypto Accountants Are Succeeding with Cryptoworth + Netsuite
Accounting teams, funds, Layer 1s, L2s, and digital asset businesses trust Cryptoworth to deliver reliable, audit-ready reporting. No matter how complex their operations. Here’s what leaders say:
"As a frequent user of Cryptoworth, I can confidently say it's a game-changer in the world of cryptocurrency accounting. Handling high transaction volumes is a breeze, and the reports it generates are exactly what I need. The Cryptoworth team is incredibly responsive and always quick to address any issues, showcasing their dedication to user satisfaction.
Nauman Mustafa
CEO at Celo
"On the crypto accounting subledger tooling side, we had certain blockchain native complexities to work through on the accounting side. Internally, we’ve been happily working alongside Cryptoworth who have provided a very flexible product to fit our needs and help solve these complexities for us."
Zac Hogg
Controller at Solana Foundation
"Cryptoworth's UI is very user friendly and the implementation /integration of Stacks Blockchain within a week tells everything about the techinical capabilities of the team. The Customer Support provided by Geeth and Richard has been exemplary and one of the biggest reasons why we're a big supporter of Cryptoworth and promoting it across our Ecosystem!"
Shakti Pradhan
CFO at Stacks
"We use Cryptoworth as our crypto subledger with millions of dollars in crypto over 50,000 historical transactions . We are project that transacts in our native token as well as many other chains. The team at Cryptoworth not only integrated and supported us while other subledger companies wouldn't, but they also are very attentive to feedback and product improvements. There is so much nuance in this industry and we can count on them to help navigate it and incorporate any new practices."
Scott Hewitson
VP Finance at Overclock Labs
It gives our team the ability to segregate wallets into separate portfolios. Its clean UI supports many different tokens. The quick response and support from the Cryptoworth team ensure any issues are dealt as efficiently as possible. Platform integration allows for the syncing of transactions from Cryptoworth directly into most ERPs (Netsuite, Xero, etc.). The rules-based tagging for classifying transactions helps with repetitive transfers and eliminates manual tagging."
Joe Murley
Controller at Avara
"As a frequent user of Cryptoworth, I can confidently say it's a game-changer in the world of cryptocurrency accounting. Handling high transaction volumes is a breeze, and the reports it generates are exactly what I need. The Cryptoworth team is incredibly responsive and always quick to address any issues, showcasing their dedication to user satisfaction.
Nauman Mustafa
CEO at Celo
"On the crypto accounting subledger tooling side, we had certain blockchain native complexities to work through on the accounting side. Internally, we’ve been happily working alongside Cryptoworth who have provided a very flexible product to fit our needs and help solve these complexities for us."
Zac Hogg
Controller at Solana Foundation
"Cryptoworth's UI is very user friendly and the implementation /integration of Stacks Blockchain within a week tells everything about the techinical capabilities of the team. The Customer Support provided by Geeth and Richard has been exemplary and one of the biggest reasons why we're a big supporter of Cryptoworth and promoting it across our Ecosystem!"
Shakti Pradhan
CFO at Stacks
"We use Cryptoworth as our crypto subledger with millions of dollars in crypto over 50,000 historical transactions . We are project that transacts in our native token as well as many other chains. The team at Cryptoworth not only integrated and supported us while other subledger companies wouldn't, but they also are very attentive to feedback and product improvements. There is so much nuance in this industry and we can count on them to help navigate it and incorporate any new practices."
Scott Hewitson
VP Finance at Overclock Labs
It gives our team the ability to segregate wallets into separate portfolios. Its clean UI supports many different tokens. The quick response and support from the Cryptoworth team ensure any issues are dealt as efficiently as possible. Platform integration allows for the syncing of transactions from Cryptoworth directly into most ERPs (Netsuite, Xero, etc.). The rules-based tagging for classifying transactions helps with repetitive transfers and eliminates manual tagging."
Joe Murley
Controller at Avara
FAQs
Discover quick and comprehensive answers to common questions about our platform, services, and features.
Does NetSuite support cryptocurrency?
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Oracle NetSuite does not natively support cryptocurrency transactions in a fully integrated manner. There are crypto modules that could work for a narrow set of use cases. You can always manually add cryptocurrencies as currencies and create a chart of accounts to track your digital assets, although you must maintain the fair market value each time for calculation accuracy. NetSuite does not natively link to crypto wallets or exchanges.
To simplify the process, many users opt for third-party crypto accounting software that integrates with NetSuite, like Cryptoworth. Cryptoworth provides a comprehensive solution for syncing crypto wallets, exchanges, and blockchain data with NetSuite, automating your digital asset management.
How Do You Account for Crypto in NetSuite?
Accounting for cryptocurrency in NetSuite involves setting up dedicated asset accounts in your Chart of Accounts. Cryptoworth simplifies this by automating the categorization and syncing of your crypto transactions directly into NetSuite, ensuring that your financial data is always current and accurately reflects your digital asset activity.
Open Cryptoworth and add a connection to NetSuite.
Cryptoworth automatically sets up the necessary asset accounts for each cryptocurrency, across all your tracked data sources.
Transactions are then immediately accurately categorized, ensuring your digital assets are reflected correctly in your financial statements.
Get through all sanity checks and reconciliation discrepancies.Click "Sync" to roll the transactions and push the data into the right account in your NetSuite general ledger.
This makes Cryptoworth a valuable tool for anyone involved in the management, trading, mining, or accounting of cryptocurrency assets, enhancing efficiency and simplifying the complex process of crypto asset management. Eliminate the hassle of manual entry and ensure precise categorization.
How to Sync Crypto Transactions to Oracle NetSuite?
The most efficient way to sync crypto transactions to Oracle Netsuite is through Cryptoworth. Cryptoworth supports an extensive and ever-growing list of over 1000 data connections, making it a robust platform for crypto data integrations and applications.
Here’s the process:
Connect your crypto wallets and exchanges to Cryptoworth.
Connect Cryptoworth to your QuickBooks general ledger.
Cryptoworth automatically sets up corresponding asset accounts in QuickBooks.
Click "Sync" Transactions are synced in real-time, accurately categorized, and reflected in your QuickBooks accounts.
Cryptoworth provides seamless integration with NetSuite. By connecting your crypto wallets and exchanges to our subledger platform, you can automatically sync your transactions into NetSuite. In your GL they are categorized and reflected, ensuring real-time financial accuracy.
Contact us to enable a new blockchain integration. It can take up to 3 days*.
Why Choose Cryptoworth for NetSuite?
Cryptoworth offers a comprehensive integration with NetSuite, streamlining the management of your digital assets. By automating transaction syncing and categorization, Cryptoworth ensures that your crypto accounting is accurate, efficient, and compliant with financial regulations.
Take Control of Your Crypto Finances Today!
Start managing digital asset records with Cryptoworth’s Sandbox subscription. Explore reconciliation, data completeness, and sanity checks with your data—no long-term commitment required.
- Up to 5 wallet and exchange connections
- 2,000 transaction lines.
- Sanity Checks.
- Access to invoicing, reconciliation, and billing modules
- Group onboarding and video tutorials.