Monthly Accounting Service
Your crypto records, organized and maintained every month
Ongoing financial tracking for digital asset participants who need structured, defensible records without spending their own time building them from scratch each year.
What This Delivers
A clear financial picture, updated monthly
Each month, your digital asset activity gets recorded accurately — acquisitions, disposals, staking income, and wallet-to-wallet transfers all handled correctly and filed in an organized structure. By the time tax season arrives, the work is already done.
Consistent Monthly Records
Activity recorded in a structured format each month, so nothing is missed and nothing needs reconstructing later.
Tax-Ready Documentation
Records structured to hand directly to your tax professional — no year-end scramble to piece together what happened.
Reporting Compatibility
Records maintained in line with evolving digital asset reporting requirements as they develop and change.
The Challenge
Digital asset accounting doesn't fit neatly into standard tools
Most accounting software was built for straightforward transactions — cash in, cash out. Digital assets introduce a layer of complexity that standard tools handle poorly, if at all. Cost-basis methods differ by asset type and acquisition source. Wallet-to-wallet transfers look like disposals but aren't. Staking and mining income need to land in specific categories to be reported correctly.
If you're actively participating in the digital asset space — trading, staking, mining, or simply holding across multiple platforms — the transaction history accumulates quickly. Reconstructing a year's worth of activity in the weeks before filing is a stressful, error-prone process that most people would rather not repeat.
Ongoing monthly accounting removes that pressure. When records are kept current throughout the year, the work is already done before you need it.
Cost-basis complexity
Different acquisition methods — purchases, mining proceeds, staking rewards, airdrops — each carry different cost-basis implications that standard tools ignore or misclassify.
Multi-platform fragmentation
Transactions spread across multiple exchanges, wallets, and custodial accounts create a fragmented history that requires careful reconciliation to get right.
Year-end reconstruction
Leaving everything until tax season means reconstructing months of activity under time pressure — which is where errors tend to appear and important transactions get overlooked.
The Approach
Structured methodology applied month by month
Sumvane's accounting service works through your digital asset activity on a monthly cycle — recording, classifying, and organizing each transaction into a structured format that holds up under scrutiny.
Cost-basis calculations
Each acquisition is recorded with its correct cost basis, regardless of how it was obtained. Purchases, mining income, staking rewards, and airdrops are handled according to their respective classification rules.
Disposition tracking
Realized gains and losses recorded at each disposal event, with short- and long-term classification applied correctly from the start — not retroactively sorted during filing.
Income recording
Staking and mining income recorded in the correct income categories as they occur, preventing the classification confusion that emerges when these are sorted out months later.
Tax schedule preparation
Monthly records compile naturally into the supporting schedules your tax professional needs. The reporting format is designed with their workflow in mind from the beginning.
Working Together
A steady rhythm that removes uncertainty
The process is designed to be straightforward on your end. Each month follows a consistent pattern — you provide the relevant exports, and the accounting work moves forward on schedule.
Monthly Export
You send transaction exports from your platforms at the end of each month. That's generally the extent of your involvement.
Reconciliation
Transactions are matched, classified, and organized into the running ledger — gaps flagged and resolved before the month closes.
Record Update
Cost-basis figures and income categories are updated, keeping the cumulative record current and accurate through the month just completed.
Year-End Delivery
At year-end, a complete set of supporting schedules is ready for your tax professional — no reconstruction needed.
Investment
Monthly engagement, consistent coverage
Digital Asset & Cryptocurrency Accounting is structured as a monthly service. Each month, your transaction activity is processed, classified, and added to your running ledger — maintaining a complete, current picture of your digital asset financial position.
The flat monthly rate covers all transaction processing within the agreed scope. If your activity level or platforms change significantly, that's something to discuss upfront rather than a surprise on an invoice.
Engaging at the start of a tax year gives the best results — records built from the beginning are more reliable than those reconstructed from gaps. That said, mid-year starts are possible and the scope can be discussed based on your situation.
Digital Asset & Cryptocurrency Accounting
Methodology
How the accounting work holds together
The reliability of any accounting record comes down to methodology — the consistency of how transactions are categorized, measured, and documented from month to month.
Consistent categorization
The same classification rules applied from month one through month twelve. No reclassification surprises when schedules are compiled at year-end.
Documented decisions
Where classification judgments are made — particularly for unusual transaction types — the reasoning is documented alongside the record.
Monthly completion
Each month closes before the next begins. Records are never left open-ended or deferred, which prevents the backlog that makes year-end reconstruction necessary.
Realistic Expectations
Monthly accounting works best when transaction data is provided consistently and promptly. Gaps in the data supply can delay monthly closes. The scope agreed at the start is based on the platforms and activity volume described — significant changes to either are worth discussing when they arise. Sumvane's records are designed to support your tax professional's work, not to replace it; filing decisions and tax advice remain in their domain.
Our Commitment
Starting is low-stakes
Before anything is agreed, we'll have a conversation about your holdings, the platforms you use, and what you're trying to resolve. If the scope of work isn't clear at that point, there's no pressure to move forward until it is.
The initial consultation involves no commitment. You describe your situation — we outline how the accounting would work and what the monthly engagement would involve. From there, the decision is yours to make in your own time.
No-obligation conversation
The initial discussion carries no commitment. You'll leave with a clear picture of what's involved.
Clear scope upfront
What's covered — and what isn't — is outlined clearly before any engagement begins.
Questions welcome
If something about the process is unclear, that's the right time to ask — not after the engagement starts.
Getting Started
A simple path forward
Getting started requires nothing more than a short message. Here's how it typically unfolds.
Send a brief description
Describe your current situation — what digital assets you hold, which platforms you use, and roughly how active you've been. A paragraph is enough to start.
We outline the approach
Based on your situation, we'll describe how the monthly accounting would work, what data you'd need to provide, and what the engagement would look like in practice.
Agree on scope and start
Once the scope is clear and you're comfortable proceeding, the monthly cycle begins. Records are maintained from the agreed start date forward.
Digital Asset & Cryptocurrency Accounting
Ready to keep your records current throughout the year?
Send a message describing your digital asset activity — the platforms you use, what you hold, and what you're hoping to resolve. We'll respond with a clear outline of how the monthly accounting service would work for your situation.
Get in TouchNo commitment required — just a conversation.
Other Services
Explore what else Sumvane offers
Annual Service
Digital Asset Tax Return Preparation
Preparation of tax returns incorporating all your cryptocurrency transactions — gains, losses, and income classified correctly across wallets and exchanges.
$850 USD
View DetailsQuarterly Service
Portfolio Reconciliation & Reporting
Periodic reconciliation across wallets, exchanges, and custodial accounts — producing a consolidated position report each quarter.
$450 USD / quarter
View Details