Koinly VS Zoho Books

Koinly

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

Zoho Books

Smart Accounting for Growing Business

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.

Landing page //
2022-03-08

Online accounting software designed for business to manage invoices, bills, banking and inventory. Sign up for free today.

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

Zoho Books videos

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Zoho Books Overview | US Edition

Category Popularity

0-100% (relative to Koinly and Zoho Books)

Koinly

Zoho Books

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 Zoho Books. 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 Zoho Books

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

Zoho Books Reviews

5 Best Alternatives to QuickBooks Accounting Software

Excellent navigation and help: The user interface of Zoho Books is clean, intuitive and attractive, with easy navigation links on the side pane to quickly go to Sales, Purchases, Documents, Reports, Dashboard and Banking. There are also numerous support tools, including forums, FAQs and documentation, as well as different ways to contact experts via phone, email and chat.

Source: www.businessnewsdaily.com

The 8 Best QuickBooks Alternatives for Small Businesses

Zoho Books includes a long list of features normally available in much more comprehensive applications. With its easy to use interface and tons of help options, Zoho Books is great for the tech novice who is more comfortable with a spreadsheet application than a software application.

Source: www.fool.com

7 Best QuickBooks Alternatives for Small Businesses

Zoho Books is part of the Zoho One suite of services — which includes over 40 different business apps, including customer relationship management, HR tools and reporting options. Zoho Books’ four plans range in functionality, number of users and workflows that are included. First, Zoho offers a free plan. Then, the Standard plan costs $20 per month, the Professional plan...

Source: www.fundera.com

8 Best QuickBooks Alternatives You Can Use in 2021

Zoho Books is another impressive bookkeeping service. This gives an endless number of features, for instance, inventory management, banking integration, etc. The basic plan comes at $9 per month.

Source: techdator.net

The Top 11 Cloud-Based Accounting Solutions for Small Businesses

It’s ideal for small business owners who are looking for a simple way to manage their finances and prepare for their taxes. You can use Zoho Books to automate workflow tasks across all your departments as well.

Source: navitance.com

Social recommendations and mentions

Based on our record, Koinly seems to be more popular. It has been mentiond 306 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.

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: 6 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 / 7 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: 11 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