How do I do crypto accounting on zkSync Era?

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 zkSync Era?

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

Can I sync zkSync Era activity to my ERP?

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

Crypto accounting on zkSync Era | Tulo

zkSync Era is a leading zero-knowledge Ethereum Layer 2 that provides scalability through advanced cryptographic proofs while maintaining security. It offers significant cost reductions and throughput improvements over Ethereum mainnet with growing EVM compatibility. zkSync Era has pioneered account abstraction features that improve user experience and enable gasless transactions. The platform represents the cutting edge of zero-knowledge rollup technology for Ethereum scaling.

What does crypto accounting on zkSync Era 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 zkSync Era.
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 zkSync Era

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.