How do I do crypto accounting on Taiko Alethia?

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 Taiko Alethia?

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

Can I sync Taiko Alethia activity to my ERP?

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

Crypto accounting on Taiko Alethia | Tulo

Taiko Alethia is likely a component of Taiko's zkEVM ecosystem, focusing on providing Ethereum-equivalent execution with zero-knowledge proof security. It maintains full compatibility with Ethereum tooling while offering the benefits of zero-knowledge rollup technology. The platform emphasizes preserving Ethereum's developer experience while improving scalability and cost efficiency. Taiko Alethia represents the evolution toward trustless and scalable Ethereum Layer 2 solutions.

What does crypto accounting on Taiko Alethia 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 Taiko Alethia.
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 Taiko Alethia

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.