Software Alternatives, Accelerators & Startups

Blockpit VS ProperSoft

Compare Blockpit VS ProperSoft and see what are their differences

Blockpit logo Blockpit

Keep track of your crypto portfolio & taxes in one place

ProperSoft logo ProperSoft

Convert transaction files to a format your accounting software imports. Need to import transactions, but the format is not supported by your accounting software? Try ProperSoft converters and make your transaction files importable.
  • Blockpit Landing page
    Landing page //
    2023-06-27
  • ProperSoft Landing page
    Landing page //
    2023-08-20

Import transactions from your bank into QuickBooks (PC/Mac/Online), Quicken, Xero, Excel/CSV, Sage (50/One), Wave Accounting, ZarMoney, MS Money, REACT, MYOB and others. Supported ( to and from ) CSV/Excel/TXT, PDF (text or scanned), QIF/QMTF, QFX, QBO, IIF, OFX, MT940/STA. Reconcile, track expenses using financial data you already have with minimal or no data entry. Desktop software for Windows or macOS. Used by many accountants, accounting professionals, CPAs, QuickBooks Pro Advisors, bookkeepers.

Blockpit features and specs

  • Comprehensive Tracking
    Blockpit offers comprehensive tracking of cryptocurrency transactions, ensuring accurate and detailed records for tax purposes.
  • Automatic API Sync
    The platform allows users to sync their transactions automatically via API integrations with multiple exchanges, reducing manual effort and potential errors.
  • Tax Reports
    Blockpit generates tax reports that comply with local regulations, simplifying the filing process for users.
  • User-friendly Interface
    The platform has an intuitive and straightforward interface, making it accessible even to those who arenโ€™t tech-savvy.
  • Real-time Data
    Blockpit provides real-time tracking and updates on your cryptocurrency portfolio, allowing for timely decision-making.
  • Security
    The platform uses high-grade security measures to protect user data and privacy.

Possible disadvantages of Blockpit

  • Pricing
    Blockpit can be relatively expensive compared to other similar platforms, which might be a drawback for some users.
  • Limited Free Tier
    The free tier has limited functionalities, which may not meet the needs of all users.
  • Exchange Compatibility
    While Blockpit supports a variety of exchanges, it may not cover all exchanges, potentially requiring some users to input data manually.
  • Learning Curve
    Despite its user-friendly interface, new users might still require some time to fully understand all available features and functionalities.
  • Geographical Limitations
    Some features or tax report templates might be optimized for specific regions, limiting utility for users from other areas.

ProperSoft features and specs

  • Wide Range of Format Support
    ProperSoft supports numerous financial formats such as QIF, QFX, OFX, OFC, PDF, CSV, and more, allowing users to easily convert and manage their financial data between different software applications.
  • User-Friendly Interface
    The software is designed with a straightforward and intuitive interface, making it accessible to both beginners and advanced users for ease of navigation and operation.
  • Comprehensive Help Resources
    ProperSoft provides extensive help resources, including detailed guides and customer support, to assist users in effectively using the software and resolving any potential issues.
  • Multi-Platform Availability
    The tools from ProperSoft are available on Windows, Mac, and even as online services, offering flexibility and convenience for users across different platforms.

Possible disadvantages of ProperSoft

  • Cost
    While ProperSoft offers a range of useful features, the software is not free and can be considered expensive compared to other financial software, which might deter some users.
  • Limited Free Trial
    The free trial version of ProperSoft tools has limited functionality, which may not fully allow potential customers to evaluate the software's capabilities before purchasing.
  • Occasional Bugs
    Users have reported encountering bugs or glitches occasionally, which can disrupt workflow, although these issues are typically addressed by the company's support team.

Analysis of Blockpit

Overall verdict

  • Blockpit is generally regarded as a reliable and efficient tool for managing cryptocurrency taxes. Its ability to quickly and accurately process a large volume of transactions sets it apart in the tax software market.

Why this product is good

  • Blockpit is considered a good platform because it offers automated tracking of cryptocurrency transactions for tax purposes. It provides comprehensive reporting tools that help users comply with tax regulations. The platform supports integration with various exchanges and wallets, making it a versatile option for crypto investors. Users often highlight its user-friendly interface and the ease of generating tax reports.

Recommended for

    Blockpit is recommended for cryptocurrency investors and traders who need a streamlined solution for managing their tax obligations. It's particularly useful for those who engage in frequent trading or use multiple exchanges and wallets, as well as accountants who manage crypto portfolios for clients.

Blockpit videos

BITCOIN vs STEUERN - 2 Trackingplattformen im Vergleich. CoinTracking.info und blockpit.io im Test

More videos:

  • Tutorial - How to migrate your Accointing data to Blockpit - Tutorial
  • Tutorial - Bitpanda Taxes Discount Promotion - Blockpit Tutorial 2023
  • Tutorial - Bitvavo Crypto Tax Reporting Made Easy - Blockpit Tutorial 2023

ProperSoft videos

Convert transaction files to a format your accounting software imports

More videos:

  • Tutorial - CSV2QBO (Windows): Convert CSV/Excel to QBO format and import into QB
  • Tutorial - How to use Bank2QBO
  • Tutorial - How to use ProperSoft PDF2QBO and convert a PDF file to QBO (Web connect) format
  • Tutorial - Import General Journal Entries From CSV Excel into Quickbooks Desktop
  • Review - Bank2QBO (Mac): Convert CSV/Excel/PDF/OFX/QFX/QBO/QIF/MT940/STA to QBO/IIF/CSV
  • Tutorial - How to use ProperSoft PDF2QBO converter and convert PDF files to QBO (Web Connect) format
  • Tutorial - CSV2QBO (macOS): Convert CSV/Excel to QBO format and import into QB

Category Popularity

0-100% (relative to Blockpit and ProperSoft)
Fintech
100 100%
0% 0
Accounting
0 0%
100% 100
Crypto
100 100%
0% 0
PDF Tools
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Blockpit and ProperSoft

Blockpit Reviews

15 Best Koinly Alternatives 2022
Blockpit is a crypto tax tool like Koinly that lets you calculate crypto taxes for your entire portfolio. This software is worth considering as it is fast, reliable, and 100% compliant. Full compliance is what makes Blockpit stand out against Koinly.

ProperSoft Reviews

We have no reviews of ProperSoft yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Blockpit seems to be more popular. It has been mentiond 12 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Blockpit mentions (12)

  • Experience with crypto tax software?
    I am part of the Blockpit team - a crypto tax software startup based in Austria (https://blockpit.io/). We are dedicated to enhancing our product based on valuable feedback from savvy crypto users, especially from the UK. Source: over 3 years ago
  • Taxes help
    Some options are https://blockpit.io and lilaโ€™s ledger https://dfkreport.cognifact.com/. Source: over 3 years ago
  • Hey guys, found this resource for bitpanda users and thought it might help some of you out!
    Maybe if you don't know it already give it a try :) blockpit. Source: about 4 years ago
  • Blockpit is now free for Bitpanda transactions!
    Every Bitpanda user can now use blockpit.io free of charge for all bitpanda transactions. Doing your taxes just got cheaper and easier :). Source: over 4 years ago
  • Cryptocurrency Laws in Germany
    If you are staking and depending on which chain, blockpit.io works better for me. Source: over 4 years ago
View more

ProperSoft mentions (0)

We have not tracked any mentions of ProperSoft yet. Tracking of ProperSoft recommendations started around Mar 2021.

What are some alternatives?

When comparing Blockpit and ProperSoft, you can also consider the following products

Koinly - Koinly is the easiest way to monitor your crypto activity & file your taxes.

PDFShift - Convert any HTML documents to high-fidelity PDF using a single POST request

Coinpanda - Calculate & file tax reports for Bitcoin and cryptocurrencies. Made for traders and investors.

All PDF Converter - All PDF Converter is an all-in-one PDF conversion software.

TokenTax - Crypto taxes made easy. TurboTax for cryptocurrency.

PDFtoWord Converter - Simplest solution for converting PDF to editable Word documents.