Ledgible

What Ledgible is

Ledgible is a web-based digital asset tax and accounting platform for tax professionals, accounting firms, enterprises, and institutions. Tax professionals can use its tax tools to account for clients’ crypto within their existing preparation workflow. The platform says its reporting supports IRS Forms 8949 and 1099, as well as Schedule D. Ledgible Crypto Tax Pro is free for tax professionals to use, with clients charged per client; the Professional Tax plan has a starting price of price on request.

For business and institutional accounting, Ledgible’s Enterprise Accounting application tracks digital assets through a sub-ledger. Its reports include capital gains and losses, transaction downloads, OFX reports, exchange orders, and wallet balance history. OFX reports can be imported into general ledger systems such as QuickBooks and Xero, while tax reports can be imported into Thomson Reuters UltraTax CS and Wolters Kluwer CCH Axcess. Ledgible lists integrations spanning blockchains, exchanges, custodians, wallets, accounting and fund management systems, and tax filing and information reporting platforms. Enterprise Accounting pricing is custom and varies with account users, connections, wallets, transaction volume, and general ledger integrations. The platform is certified to AICPA SOC 1 and SOC 2 Type 2 standards and offers live support. Ledgible was founded in 2016 and is headquartered in Atlanta, Georgia.

Who it suits

Ledgible suits tax professionals and accounting firms handling clients’ crypto reporting, as well as businesses and institutions that need digital asset accounting. Its tax and accounting integrations may suit teams already using supported preparation or general ledger systems.

Limits

Professional Tax has a starting price of price on request, and the listed transaction limit is 200 transactions. Enterprise Accounting has custom pricing based on account users, exchange connections, wallets, transaction volume, and general ledger integrations.

Getting started

1. Open the Ledgible website.
2. Choose the tax reporting or enterprise accounting offering that fits your work.
3. Tax professionals can start with Crypto Tax Pro, which is free to use.
4. Review Professional Tax pricing, which on request.
5. Enterprise Accounting customers can use the 30-day trial.

Verdict

Choose Ledgible if you need crypto tax reporting for clients or sub-ledger accounting for digital assets. Tax professionals can use Crypto Tax Pro free, while Professional Tax on request. Enterprise Accounting pricing depends on expected usage, so firms should review their user, connection, wallet, transaction, and general ledger needs.