Bitwave’s Advanced Accounting and Audit Module includes robust impairment cost calculating capabilities, audit licenses, and custom reporting.
Our platform also maintains strict separation of duties with role-based access for bookkeepers and accounting managers: Read-only, User, Writer, Owner, and Admin.
Ditch the Spreadsheet
Bitwave automatically tests impairment for digital assets within a single platform, saving you hours and headaches from manually updating spreadsheets.
Test Every Asset
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.).
Rest Easy During Audits
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).
Bitwave is the first digital asset finance platform designed specifically to manage the intersection of cryptocurrency tax, accounting, and compliance, enabling the financial revolution made possible by cryptocurrency.