Japanese Firms Jointly Launch Corporate Crypto Accounting Tool

Cryptolinc Co. Ltd, which develops and provides cryptocurrency management and calculation systems, and Miroku Information Service Co. Ltd, a financial and accounting system management and information service, have jointly created a crypto corporate accounting tool for corporate cryptocurrency accounting.
“We focus on accounting of cryptocurrency transactions and we publicize them. When calculating income and expenses in crypto, it is difficult to calculate the difference between profit and loss, many accountants are struggling to respond to that,” Cryptolinc said.
What the software offers is management of transaction data collected through multiple crypto exchanges in a centralized way, and easy calculation of income and expenses. Accounting data and results are collected by Cryptolinc Corporate Accounting, and in accordance with Japanese accounting standards, the data will be incorporated into the financial and accounting system of Miroku Information Service in a way that will allegedly satisfy tax compliance, enabling appropriate accounting and tax filing.
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