How do I do crypto accounting on SKALE Calypso Hub?

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 SKALE Calypso Hub?

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

Can I sync SKALE Calypso Hub activity to my ERP?

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

Crypto accounting on SKALE Calypso Hub | Tulo

SKALE Calypso Hub is a specialized blockchain in the SKALE network designed for NFT and media-rich applications. It provides dedicated infrastructure for applications requiring high-bandwidth content delivery and NFT functionality. The hub offers zero gas fees and high throughput specifically optimized for digital collectibles and media applications. Calypso Hub enables new possibilities for NFT utilities and media-rich Web3 experiences.

What does crypto accounting on SKALE Calypso Hub 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 SKALE Calypso Hub.
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 SKALE Calypso Hub

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.