How do I do crypto accounting on Rollux?

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 Rollux?

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

Can I sync Rollux activity to my ERP?

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

Crypto accounting on Rollux | Tulo

Rollux is a Layer 2 scaling solution built on the OP Stack, designed to provide fast and affordable transactions for the Syscoin ecosystem. It combines Ethereum's security with Syscoin's Bitcoin-merge-mined security for enhanced protection. Rollux focuses on supporting high-throughput applications while maintaining strong security guarantees through its dual security model. The platform enables scalable applications with institutional-grade security through its unique architecture.

What does crypto accounting on Rollux 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 Rollux.
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 Rollux

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.