CoinLedger

CoinLedger

4.9 out of 5 stars
CoinLedger SoftLedger

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CoinLedger:

About

CoinLedger (formerly CryptoTrader.Tax) takes away the pain of preparing your bitcoin and crypto taxes. Simply connect your exchanges, import trades, and download your tax report in minutes. Import your trades using the API import tool or upload your trade history file. CoinLedger integrates with all major exchanges to make this process quick and painless. Add your sources of cryptocurrency income from the tax year. CoinLedger calculates your gains from mining, staking, gifts, airdrops, and forks. CoinLedger calculates your tax liability using the same methods tax professionals use. Rest assured that you are paying the correct amount and minimizing your crypto tax liability. Download your completed IRS forms to file yourself, send to your accountant, or import into software like TurboTax and TaxAct. Partnered with the largest tax preparation platform to make it easy for you to E-File your crypto gains and losses with your full tax return.
SoftLedger:

About

SoftLedger helps organizations operate more effectively. Our cloud-native business management platform and APIs enables organizations to directly connect their operations to financials. This includes a full-feature general ledger, accounts receivable, accounts payable, inventory management, crypto asset management, and more.
CoinLedger:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
SoftLedger:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
CoinLedger:

Audience

Cryptocurrency investors or accountants looking for a tax solution
SoftLedger:

Audience

Organizations with complex operations who don’t want to be weighed-down by a heavy, rigid ERP.
CoinLedger:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported
SoftLedger:

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported
CoinLedger:

API

Offers API Supported
SoftLedger:

API

Offers API Supported
CoinLedger:

Screenshots and Videos

SoftLedger:

Screenshots and Videos

CoinLedger:

Pricing

$49 per tax season
Free Version Not Supported
Free Trial Not Supported
SoftLedger:

Pricing

$749.00/mo (annual plan)
Free Version Not Supported
Free Trial Not Supported
CoinLedger:

Reviews/Ratings

Overall 4.9 / 5
ease 4.8 / 5
features 4.5 / 5
design 4.6 / 5
support 5.0 / 5
SoftLedger:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software
CoinLedger:

Pros & Cons from Real Users

Pros

  • I really liked how easy and how fast it was to import my transactions to CoinLedger. I imported transactions via API and via CVS file upload and both were very smooth. I also really liked their customer support. This was my first attempt to tackle crypto taxes, so I had a ton of questions and concerns which were answered quickly making the whole process much less stressful and allowing me to meet my extension deadline. I also really liked that you could view your gains/losses with each of the different accounting methods allowed. Made decisions on how to proceed very easy.
  • When I had some questions I simply wrote CoinLedger. Upon doing so I received quick replies with detailed help/instructions.
  • Crypto-tax is not easy but this service is super-helpful. And would have been very easy if all my exchanges were ones listed with CoinLedger. I made a mistake in my data entry and the support offered to trouble-shoot for me was prompt and second to none. I happily recommend.
  • -FANTASTIC customer service -Most exchanges supported -Very reasonable price -Easy API imports -Easy upgrades/cancellations
  • This firm produce superb support services for their clients, even though they are not 24 hours they do correspond promptly within a convenient timeframe. I am an emotive businessman so prioritizing customer service is a must for myself and CoinLedger fulfills that satisfaction.

Cons

  • The couple things I didn’t like I was told will be fixed in the app update Nov.2021, so really it becomes a moot point. I will mention them anyway though in order to give a fair and accurate review. I had crypto gifts, and I found it a little hard to figure out what the cost basis would be for the person receiving the gift. Not only did customer service offer me a work around, they also informed me that will be taken care of the the app update coming next month. The other thing that I was told will also be upgraded is the availability to connect Meta Mask and Dex’s.
  • There are no cons with which I am familiar with CoinLedger.
  • There was a pop up just before I finalised, saying tax wasn't due for this year (it was), which was (and still is) confusing. However, the support team quickly addressed my query on the matter and advised simply to proceed, which went smoothly.
  • -No Kraken margin trade support yet. There are some things I'd like to be able to adjust manually that I can't, but that seems to be a limitation on other comparable services as well
  • A mobile application should be considered for maximum utilization.
CoinLedger:

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported
SoftLedger:

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported
CoinLedger:

Company Information

CoinLedger
Founded: 2017
United States
coinledger.io
SoftLedger:

Company Information

SoftLedger
Founded: 2016
United States
www.softledger.com
CoinLedger:

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CoinLedger:

Categories

SoftLedger:

Categories

Accounting Supported
Crypto Accounting Supported
Crypto Tax Supported
General Ledger Supported
CoinLedger:

Crypto Tax Features

Automated Data Import Supported
Exchange Integration Supported
Export Transactions Supported
Historical Prices Supported
Income Overview Supported
Margin & Futures Support Not Supported
Profit & Loss / Cap Gains Supported
Staking / Lending / DeFi Support Supported
Tax Form Generation Supported
Tax Loss Harvesting Supported
Wallet Integration Supported
SoftLedger:

Crypto Tax Features

Automated Data Import Supported
Exchange Integration Supported
Export Transactions Supported
Historical Prices Supported
Income Overview Supported
Margin & Futures Support Supported
Profit & Loss / Cap Gains Supported
Staking / Lending / DeFi Support Supported
Tax Form Generation Not Supported
Tax Loss Harvesting Not Supported
Wallet Integration Not Supported

Accounting Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Supported
Billing & Invoicing Supported
Cash Management Supported
CPA Firms Supported
Cryptocurrency Support Supported
Expense Tracking Supported
Fixed Asset Management Supported
Fund Accounting Supported
General Ledger Supported
Government Supported
Multi-Currency Supported
Nonprofits Supported
Payroll Management Not Supported
Project Accounting Not Supported
Purchase Orders Supported
Tax Management Supported
CoinLedger:

Integrations

B2BX Supported
Bancor Supported
BitMEX Supported
BitoPro Supported
Bitso Supported
BtcTurk Supported
Chiliz Supported
CoinJar Supported
Compound Supported
Hotbit Supported
IndoEx Supported
MetaMask Supported
Nominex Supported
Paxful Supported
Phemex Supported
Voyager Supported
ZB.com Supported
bitFlyer Supported
bitbank Supported
SoftLedger:

Integrations

B2BX Not Supported
Bancor Not Supported
BitMEX Not Supported
BitoPro Not Supported
Bitso Not Supported
BtcTurk Not Supported
Chiliz Not Supported
CoinJar Not Supported
Compound Not Supported
Hotbit Not Supported
IndoEx Not Supported
MetaMask Not Supported
Nominex Not Supported
Paxful Not Supported
Phemex Not Supported
Voyager Not Supported
ZB.com Not Supported
bitFlyer Not Supported
bitbank Not Supported
CoinLedger:
Claim CoinLedger and update features and information
Claim CoinLedger and update features and information
SoftLedger:
Claim SoftLedger and update features and information
Claim SoftLedger and update features and information