
Crypto accounting on ZetaChain EVM
A practical overview to help finance teams on ZetaChain EVM.
ZetaChain EVM is the Ethereum Virtual Machine implementation of ZetaChain, a blockchain designed for universal interoperability across all chains. It enables seamless communication and asset transfers between different blockchain networks through its omnichain architecture. The platform provides unified access to multiple blockchain ecosystems from a single interface. ZetaChain EVM represents the future of blockchain interoperability and cross-chain applications.
What does crypto accounting on ZetaChain EVM 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 ZetaChain EVM.
- 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 ZetaChain EVM
- 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.
Transactions
Supported
Historical Balances
Supported
DeFi
Supported