Automate impairment testing for intangible assets and maintain a GAAP compliant balance sheet.
Bitwave automatically tests impairment for digital assets within a single platform, saving you hours and headaches from manually updating spreadsheets.
Bitwave supports impairment testing on a lot-by-lot-basis, ensuring accurate carrying values for nearly every digital asset you hold (BTC, ETH, AVAX, etc.).
Bitwave’s comprehensive reporting ensures you’ll always know which assets were impaired, when impairment occurred, and what values were used to calculate impairment.
Bitwave was built to adapt to your business's unique requirements and is the only digital asset tax and accounting software with impairment functionality. Our impairment cost calculation features can be set to follow either GAAP (Generally Accepted Accounting Principles) or International Financial Reporting Standards (IFRS).