How do I do crypto accounting on Movement MEVM?

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 Movement MEVM?

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

Can I sync Movement MEVM activity to my ERP?

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

Crypto accounting on Movement MEVM | Tulo

Movement MEVM (Move Ethereum Virtual Machine) combines the security of Move language with Ethereum's ecosystem compatibility. It enables developers to write secure smart contracts using Move while maintaining compatibility with Ethereum tools and applications. The platform focuses on enhanced security through Move's resource-oriented programming model while preserving Ethereum's network effects. Movement MEVM represents an evolution in smart contract security and developer experience.

What does crypto accounting on Movement MEVM 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 Movement MEVM.
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 Movement MEVM

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.