Below is an overview of the 3 ways you can work with clients using CryptoTaxCalculator:
The accountant takes care of everything, and the client doesn't use the platform at all.
The client comes onto our platform to import their data but leaves the reconciliation process up to the accountant.
The client takes care of everything, and the accountant is there just to do a final review and generate the tax reports.
1. Full-Service Management
One of the ways you can manage your clients is through a full-service (white glove) offering where the client does not even have to know about CryptoTaxCalculator. In this scenario, you are not inviting the client to come onto the platform.
How to get the data from the client?
You (as the accountant) are simply collecting all the data from the client whether that be CSV files, API keys, or wallet addresses.
Let's say your client tells you they are using Binance and prefer downloading CSV files over API keys. As the accountant - you can simply type in 'Binance' into the Imports page, then copy the CSV instructions on the right-hand side and send them over to your client:
From there, you can collect the Binance CSV file(s) which your client sends you and import them into our app.
Once you've imported all the client's data, you can head to the Transactions page and see how many items are left to reconcile. This will give you a rough indication of how much work is needed to provide the full-service offering for that client:
Another way accountants can manage their clients is to invite the client onto the platform and then get them to import their data themselves.
Once the client has imported all their data to the Imports page, they may also then head to the Transactions page to take the first few steps in the reconciliation process to ensure that they have resolved any ‘Suspected Missing Imports’ errors. These errors usually come from any wallets or exchanges that the client has forgotten to import on the Import page.
From here, the accountant can take over and go through the items left to reconcile on the Transactions page before generating the tax reports.
NOTE: for more information on how the data is shared between the accountant and the client, please feel free to check out this article.
With this method, you (as the accountant) can invite the client onto the platform and then have them import all their data and review their transactions on their own. Once everything is reconciled on the transactions page, we suggest setting up a consultancy session with the client to go through and review the transactions which the client has already gone through and reconciled.
As the client is connected to the platform, it allows you and the client to share the same view and also make any final comments before generating the reports on the Get Report page.