Equyt automates the monthly close for businesses that hold Bitcoin on their balance sheet (from custodian data to audit-ready board reports!) without hiring a Bitcoin-fluent CFO.
April 2026 · period close
Connects to the custodians, exchanges, and ledgers you already use
Most finance teams weren't built to account for a volatile digital asset. The result is slow closes, nervous auditors, and a CPA working outside their comfort zone.
Transactions live across custodians and exchanges, hand-keyed into spreadsheets that never quite tie out to the wallet.
Your accountant knows GAAP, not Bitcoin. Cost basis, lot tracking, and fair value become a quarterly guessing game.
ASC 350-60 now requires fair-value measurement of crypto assets. Few teams have a defensible, repeatable process for it.
Without a documentation trail, every audit means rebuilding the workpapers from scratch — under time pressure.
Equyt replaces the spreadsheets and the guesswork with one automated workflow — from raw transactions to a board-ready close.
Pull every transaction directly from your custodians and exchanges each period. No CSV exports, no manual entry.
FIFO, LIFO, or specific identification — your accounting policy, applied consistently at the lot level, automatically.
Mark holdings to fair value at period end per ASC 350-60, with the price source and methodology documented for you.
Generate the entries for purchases, disposals, and remeasurement, then push them straight into QuickBooks or Xero.
Every number ties back to a source record, a price source, and a workpaper — exported as a clean package for your auditors.
A period-end rollforward and treasury summary your board can read, generated the moment your close is complete.
The same five steps every month — done in minutes, not days.
Link your custodians, exchanges, and accounting system with read-only access.
Equyt pulls every transaction for the period and reconciles to your on-chain balances.
Cost basis is calculated lot by lot under your chosen accounting method.
Holdings are marked to fair value and journal entries flow into QuickBooks or Xero.
Export the board report and audit package. The period is closed.
Equyt is designed for finance teams who can't afford to get this wrong.
We connect with read-only credentials. Equyt can see your transactions but can never move your funds.
Every fair-value mark and cost-basis figure is backed by a documented, repeatable methodology your auditor can follow.
Source records, price sources, and workpapers are retained for every period and exported on demand.
The current standard requires companies to measure crypto assets at fair value, with changes recognized in net income each period. Equyt applies it consistently, so your close is compliant by default.
See how Equyt closes the books on your Bitcoin balance sheet. Book a 30-minute demo with our team.