How do I do crypto accounting on Chiliz?

Ingest on-chain transactions, classify with rules, reconcile historical balances, value positions at period end, and export summarized journals to your ERP, with clear treatments for DeFi, swaps, and gas fees.

Does Tulo support DeFi on Chiliz?

Core flows are supported; DeFi coverage may vary by protocol. Transactions and balances are normalized for reporting and audit.

Can I sync Chiliz activity to my ERP?

Yes. Post-reviewed journals can be exported with entity and account dimensions for ERP posting and reconciliation.

Crypto accounting on Chiliz | Tulo

Chiliz is a blockchain platform specifically designed for sports and entertainment, powering fan tokens for major sports clubs and organizations. It enables fans to engage with their favorite teams through voting rights, exclusive experiences, and rewards programs. The platform has partnerships with top-tier sports clubs including FC Barcelona, Juventus, and Paris Saint-Germain. Chiliz bridges the gap between traditional sports fandom and blockchain technology, creating new revenue streams for sports organizations.

What does crypto accounting on Chiliz involve?

Ingesting on-chain transactions into a human-readable general ledger.
Tracking historical token balances and cost basis for realized/unrealized gains.
Classifying DeFi (swaps, LP, staking, bridges) with clear audit trails.
Mapping activity to a chart of accounts for financial statements.

Recommended workflow for finance teams

Connect wallets, custodians, and contracts relevant to Chiliz.
Auto-tag common patterns (transfers, swaps, fees) using rules.
Reconcile balances across custody sources and on-chain snapshots.
Review exceptions, assign accounts/entities, and export to ERP.

Common accounting treatments on Chiliz

Gas fees: typically expensed; capitalize when attributable to asset acquisition.
Swaps: disposal + acquisition with fair value at execution.
Staking rewards: recognize income upon receipt; track tax lots for disposals.
LP positions: record deposits/withdrawals; value positions to capture P/L.

ERP integration

Export summarized journals to your ERP with entity, account, class, and memo dimensions. Keep IDs consistent across environments to support automated, repeatable syncs.