New to mining. Bought a dozen ASIC’s on compass.
Software to directly import rewards for accounting tax purposes?
Especially nice if it integrated with QuickBooks.
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@Johnny21 I use Koinly because it supports Kadena, but there’s also CoinTracking, that I was going to use before I realized they didn’t support Kadena
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How did you like dealing with the Compass folks? I’ve tried but do not like their presentation (the person giving the presentation). I do like their program.
So far four stars.
I like Compass so far. Last October I bought a dozen miners with expected future dates and each has gone online 30-45 days later that expected.
Other than that (which was likely beyond their control) things have gone ok.
My concern, for the future is rate increases for future annual contacts as I am sort of captive with them.
Another nice feature is they have a resellers function where they represent ASIC sellers who want to get money out of their equipment.
I was digging into options too and finally went with https://acupowererp.com/acumatica/project-accounting because it covers project tracking, expenses, and time really clearly, which helped make sense of my mining setup’s income and costs. It connects with other stuff I already use, so I didn’t have to start from scratch. Took a bit to set up, but once it’s rolling, tax reports get way easier to handle.