Koinly VS QuickBooks

Koinly

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

QuickBooks

Business runs better with QuickBooks, the #1 accounting solution for small business.

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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.

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2023-10-18

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

QuickBooks videos

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Which QuickBooks Online Should You Buy in 2020?

Category Popularity

0-100% (relative to Koinly and QuickBooks)

Koinly

QuickBooks

Cryptocurrencies

100 100%

Cryptocurrencies

0% 0

Accounting

0 0%

Accounting

100% 100

Crypto

100 100%

Crypto

0% 0

Bookkeeping

0 0%

Bookkeeping

100% 100

User comments

Share your experience with using Koinly and QuickBooks. For example, how are they different and which one is better?

Reviews

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

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.

Source: rigorousthemes.com

QuickBooks Reviews

5 Best Alternatives to QuickBooks Accounting Software

QuickBooks is prominent among accounting software providers, with an intuitive interface, robust features and extensive third-party integrations. When you consider programs for your small business, your first thought may well be the QuickBooks accounting software.

Source: www.businessnewsdaily.com

The 8 Best QuickBooks Alternatives for Small Businesses

Both QuickBooks and FreshBooks offer live support options; however, QuickBooks pushes customers to use self-help resources first. Along with an easily navigated interface, FreshBooks offers a variety of other benefits including free toll-free customer support, with email support available as well.

Source: www.fool.com

7 Best QuickBooks Alternatives for Small Businesses

You’re likely well aware that QuickBooks is the reigning incumbent for best accounting software. Although there’s plenty working in QuickBooks’ favor — industry dominance, ease of use and scalability, for instance — small-business owners might consider alternatives, depending on their budget and what features they need. Before you settle on an option, just make sure your...

Source: www.fundera.com

10 of the Best FreshBooks Alternatives That Will Make Bookkeeping Easier

QuickBooks enables you to always be payday-ready and tax-ready. It automatically makes deductions on paychecks and payrolls.

Source: shanebarker.com

7 Best QuickBooks Alternatives 2018 [Free & Paid]

Xero has comparable features to QuickBooks Online but is priced less and includes an unlimited number of users with any subscription. If your primary concern with QuickBooks is ease of use or customer service, I’m not sure you’ll be happier with Xero. I don’t find Xero any easier to use and, like QuickBooks, you can’t pick up the phone and call customer service. However, if...

Source: fitsmallbusiness.com

Social recommendations and mentions

Based on our record, Koinly seems to be a lot more popular than QuickBooks. While we know about 306 links to Koinly, we've tracked only 24 mentions of QuickBooks. 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.

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: about 1 year 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

QuickBooks mentions (24)

What is QuickBooks Online For Accountants?
For accounting firms looking to expand their operations, manage all of their clients and projects, and work with and access their clients’ QuickBooks Online data, there is a tool called QuickBooks Online for Accountants. The software, QuickBooks Online for Accountants is a web-based application that is designed to help accounting professionals save time and grow their practice. . Source: 11 months ago
Hey Reddit! QuickBooks has smarter features made for your business. Welcome to your one-stop hub to learn more about our available plans and tools that can help your business thrive.
Not sure what you need? Let's find out. Click here for our personalized questionnaire, so we can recommend solutions that fit you best. Source: 12 months ago
How to Set Up Multiple Companies in Quickbooks
Select a Country: The first step is to select a nation for your new business. Go to https://quickbooks.intuit.com in your browser. Choose the nation where you are located by going to */choose-country/*. The webpage for Quickbooks Online in your area will then be displayed to you. Source: about 1 year ago
How to login in QuickBooks Time Tracking
Go to the QuickBooks website (https://quickbooks.intuit.com/). Source: about 1 year ago
looking for help starting my small renovations company (LLC)
In Vermont, you can file for an LLC online. Small business credit cards are roughly equivalent to consumer credit cards, you will need to provide a personal guarantee, and cash back is your best bet: 2% flat-rate is most likely your best option. I can't recommend books. You can do most of accounting with QuickBooks. Insurance is highly personalized to your business. Source: about 1 year ago