#87: The Future of Crypto Accounting with Chandan Lodha from CoinTracker
Manage episode 479382784 series 3394208
Tokenization is hitting an inflection point, with $4–5 trillion in digital securities expected by 2030.
Crypto accounting has come a long way from the Wild West days, but challenges remain for crypto accountants.
Regulators and accounting bodies are stepping in, and a real crypto finance stack is finally emerging.
On Episode 87, I'm joined by Chandan Lodha, Co-Founder of CoinTracker, who’s helped 2.5M+ users with crypto taxes and is now tackling enterprise accounting with a new crypto subledger.
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For show notes and past guests, please visit https://www.theaccountantquits.com/podcast
Topics Covered;
(0:00) Coming Up
(0:41) Episode intro
(2:25) Founding CoinTracker
(4:29) How did Google work experience help
(6:42) Challenges for businesses with crypto accounting
(9:16) Why launch a subledger
(14:21) Thanks to our sponsor Octav
(16:03) How to build a subledger
(19:42) Crypto tax tool v/s subledger
(22:34) Should subledger offer AR/AP features
(27:14) CoinTracker Enterprise & its subledger features
(30:18) Can enterprise users generate tax reports
(32:36) Learnings building a subledger
(35:58) Thanks to our sponsor Request Finance
(37:39) Marketing CoinTracker Enterprise
(40:34) Upcoming features
(41:35) Career opportunities for accountants with crypto
(43:46) Practical steps to start using crypto in a business
(45:43) Closing Thoughts
(46:58) Get $500 off from CoinTracker Enterprise
(47:20) Favourite quote
87 episodes