Reports and Auditability

This guide is an intro to common reports used to assess and manage finances during monthly reconciliations and month-end closes.

Month-End Reports

In general, accountants will make use of two main reports during month end: a Closing Positions report, and a Realized Gains & Losses report.​Comment

Closing Positions Report

The Closing Positions report provides the balances, token quantity, cost basis, and unrealized gain/loss on a specified date. This information is available by token, by NFT, and by wallet-token.

Get the Closing Positions report here.

Realized Gains/Losses Report

The Realized Gains/Losses Report provides the total realized return, including short-term and long-term, during a specified date range (for example the month of April 2023). This information is available by token or by wallet.

Get the Realized Gains/Losses report here.

Audit-Readiness Reports

It may be useful to have very detailed reporting for compliance and audit-readiness purposes.

Account Transactions

This report provides a detailed breakdown of every single transaction across all wallets, the token amounts, fiat amounts, realized gains/losses (where applicable), transaction hash, memo, from/to information, smart contract, and more.

This report is used for many different reasons like context sharing across a team, documentation after a month-end, reporting, and more. Get the report here.

Cost Basis Report

This report provides a detailed breakdown of every single deposit (read: tax lot) and its status on a specific date. For each deposit (tax lot), it details the acquired amount, disposed of amount, and token amount outstanding per the tax method of your choice (FIFO, LIFO, HIFO...).

This report is typically used to tie out closing positions. Get the report here.

Schedule of Dispositions

This report provides a detailed breakdown of every single disposition during a time period, include withdrawals, the liquidation portion of token swaps, and fees. For each disposition, the cost basis, realized gain/loss, and tax lot information is included.

This report is typically needed for tax accounting. Get the report here.