How do I do crypto accounting on Fuse?

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 Fuse?

Yes, major DeFi patterns are supported. Transactions and balances are normalized for reporting and audit.

Can I sync Fuse activity to my ERP?

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

Crypto accounting on Fuse | Tulo

Fuse is an Ethereum-compatible blockchain focused on mobile payments and financial services for mainstream adoption. It features fast 5-second block times and minimal transaction fees, making it ideal for everyday payment applications. Fuse emphasizes user experience with mobile-first applications and easy fiat on-ramps for non-crypto users. The platform has gained traction in emerging markets for remittances, payments, and financial inclusion initiatives.

What does crypto accounting on Fuse 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 Fuse.
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 Fuse

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.