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At Syncaru, we find ourselves at this exciting intersection of Crypto, Accounting, and AI. Our mission always revolves around a central question: “How can Syncaru empower bookkeepers, whether newbies or pros, to confidently and efficiently handle crypto transaction bookkeeping?”
Within the realm of crypto bookkeeping workflows, traditional text-based chat assistants often provide information but disrupt the bookkeeping workflow. Pausing to interact with these assistants consumes valuable time and can break the flow of bookkeeping tasks. Information can be outdated and some times may not be correct. Then there is the interpretation of the text output from chat assistants by the Accountant/Bookkeeper which is prone to errors. At Syncaru, we firmly believe there's a more efficient way to assist accountants and bookkeepers by seamlessly integrating assistance/guidance right into their existing workflows.
Meet Syncaru's Crypto Accounting Assistant - meticulously designed to offer expert level real-time assistance in context without veering away from the bookkeeping workflows.
Let's illustrate with a practical example: the accounting treatment workflow for a 'Send' crypto transaction.
Accountant/Bookkeeper selects a crypto 'send' transaction as shown above to do accounting treatment. Immediately, Syncaru's Crypto Accounting Assistant springs into action and lays out the accounting treatment options and steps for each option as shown above within the transaction's detail window. Syncaru's Crypto Accounting Assistant does this for all types of crypto transactions so that an accountant/bookkeeper even if they aren’t familiar with crypto transaction bookkeeping can proceed with confidence. Everything provided in their workflow without switching context.
Let us take a look at the level of assistance provided by the Syncaru's Crypto Accounting Assistant above. For crypto 'Send' transaction, four comprehensive accounting treatment options are provided i.e. Categorize, Match, Record transfer, Record journal entry, covering a wide array of real-world scenarios. Each treatment option comes with detailed steps, as demonstrated in the selected 'Match' option.
In the upcoming installments, we'll delve deeper into how the assistant provides real time, in context assistance for each step of an accounting treatment option.
From mapping crypto holdings to asset accounts in COA, providing accounting treatment options for various transaction types, and guiding you through transaction bookkeeping steps, all within your existing bookkeeping workflow, Syncaru Crypto Accounting Assistant is your trusty little assistant that doesn't get in the way and provides valuable assistance 🐶
Ready to experience it? With our self-serve onboarding, you can sign up and give it a try effortlessly at your own pace and time! 🙌