Software Alternatives & Reviews

FloQast VS Koinly

Compare FloQast VS Koinly and see what are their differences

FloQast logo FloQast

Web-based software to manage accounting departments by centralizing the workflow, assigning tasks with supporting documentation.

Koinly logo Koinly

Koinly is the easiest way to monitor your crypto activity & file your taxes.
  • FloQast Landing page
    Landing page //
    2023-10-23
  • Koinly Landing page
    Landing page //
    2021-10-12

Koinly is a cryptocurrency calculator trusted by crypto investors in over 20 countries. Koinly integrates with 700+ exchanges, blockchains, and wallets to give investors an easy and accurate way to track their crypto transactions in one place. From here, Koinly calculates the total capital gains and income an investor has derived from their crypto in any financial year.

FloQast videos

Transform Your Month-End Close in 30 Minutes with FloQast

More videos:

  • Review - FloQast Review: Pricing - Features & Alternatives
  • Review - FloQast Presentation

Koinly videos

Ripple’s Shareholder SBI Invest in QIWI. Ripple Unleashes 1B XRP. Koinly to Add Support for XRP!

More videos:

  • Review - Koinly Review - Paying Taxes on Crypto The Easy Way
  • Review - Koinly Review: The BEST for Crypto Taxes?

Category Popularity

0-100% (relative to FloQast and Koinly)
Data Dashboard
100 100%
0% 0
Cryptocurrencies
0 0%
100% 100
Development
100 100%
0% 0
Crypto
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 FloQast and Koinly

FloQast Reviews

We have no reviews of FloQast yet.
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Koinly Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
The automated data import is available via either an API exchange connection or by adding cryptocurrency wallet addresses. Data on margin trading, futures trading, staking, lending and DeFi can also be imported. An interesting feature is Koinly’s smart transfer matching, which leverages an artificial intelligence system to detect transfers that are made between your personal...
Source: blockonomi.com
14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
Koinly has a very generous free subscription that permits up to 10,000 transactions with lots of additional features. It supports the usual FIFO, LIFO, average cost basis, etc., for tax accountancy.
Source: geekflare.com
15 Best Koinly Alternatives 2022
As the name suggests, CryptoTax Calculator provides easy-to-understand tax calculations with customizable rules to support your unique tax needs. CryptoTax Calculator is an excellent Koinly substitute that does a better job than Koinly in giving powerful and accurate tax reports.

Social recommendations and mentions

Based on our record, Koinly seems to be a lot more popular than FloQast. While we know about 306 links to Koinly, we've tracked only 2 mentions of FloQast. 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.

FloQast mentions (2)

  • Ask HN: Who is hiring? (May 2023)
    FloQast (https://floqast.com/) is the market leader for accounting workflow automation built by accountants for accountants. We're an award-winning, Series-D software company with a mission to elevate the accounting profession everywhere. Our cloud-based, AI-enhanced software is trusted by more than 1,500 accounting teams, including those at Snowflake, Twilio, Instacart, Zoom, and The Golden State Warriors. We're... - Source: Hacker News / about 1 year ago
  • Ask HN: Who is hiring? (April 2023)
    FloQast | Full-Time | Full-Stack and Frontend engineers (SWE-3 and Senior) | Remote Anywhere in the US (LA office) FloQast (https://floqast.com/) is the market leader for accounting workflow automation built by accountants for accountants. We're an award-winning, Series-D software company with a mission to elevate the accounting profession everywhere. Our cloud-based, AI-enhanced software is trusted by more than... - Source: Hacker News / about 1 year ago

Koinly mentions (306)

  • Tax Question. If i buy $1000 worth of crypto and sell 50% on a double and then let the balance ride. Am i exempt from paying tax on that transaction?
    Every transaction you make with crypto is a taxable event. Even buying something with your bitcoin is a taxable event. So instead of looking at your balance, you have to look at each and every transaction and see how much you paid for the asset, how much you sold it for, and how long you held it. The ATO will also want a report on your crypto transactions, which you can get from koinly.io. That will also... Source: 5 months ago
  • 48-nation bloc to crack down on using crypto assets to avoid tax
    Https://koinly.io/ is a popular recommendation here in Denmark. Denmark may have the worst possible taxation for crypto: every time you sell, use or convert your crypto, that's an event where you have to calculate your gains or losses. Gains are taxed like personal income (so up to 53% tax), but losses can only be deducted at 26% they do not offset the gains directly. A school teacher speculating in crypto ended... - Source: Hacker News / 6 months ago
  • Questions about defi
    -is it possible to track swaps and trades I'm making in defi via koinly.io or another tax tracking provider? I want to take advantage of long term capital gains vs short term whenever possible. Source: 10 months ago
  • I made around 90K profit from a meme coin (crypto)recently and I’m 18 years old and have no idea how to go about taxes. Please help me . Also what could I do with my profits ?
    Every trade where you go from 1 coin to another is a capital gains event. Take a look into https://koinly.io/ to calculate it for you. Source: 12 months ago
  • Staked ETH Rewards on Coinbase
    I just bit the bullet and pay koinly.io to do it for me. The one thing I like about it is you can tag staked transaction (eth to eth2) as swaps so they don't show up on your taxes. It's actually free until you want them to generate a tax form for you. Source: about 1 year ago
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What are some alternatives?

When comparing FloQast and Koinly, you can also consider the following products

BlackLine - BlackLine offers quick-to-implement, scalable and easy-to-use applications that automate the financial close and other accounting processes.

CoinTracking - All Coins, all Analyzes, all Calculations, all Charts and all Prices for Bitcoin, Litecoin...

Vena - Vena is the corporate performance management software combines native Microsoft Excel with the sophisticated workflow, audit capabilities, business rules and central database of an enterprise-class solution.

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

CCH Tagetik - Discover CCH Tagetik's corporate performance management software solution for budgeting, planning, consolidation and reporting. Find out more on Tagetik.com

CryptoTrader.Tax - Tax software for cryptocurrency