Not a tax calculator. Not a portfolio tracker. A double-entry ledger with proper tax lot accounting, FIFO/LIFO disposal, mark-to-market revaluation, and FASB ASU 2023-08 disclosure reports. Built for businesses that hold digital assets on their balance sheet.
Core Feature
Every acquisition is recorded as an individual lot with its own cost basis. Every disposal matches against specific lots using FIFO or LIFO and calculates the realized gain or loss.
When you acquire crypto, Vibe Ledger creates a tax lot with the quantity, cost per unit, and acquisition date. When you sell or dispose, the system selects lots in FIFO order, calculates your realized gain or loss, and creates the journal entry automatically.
Between disposals, every lot is tracked with its unrealized gain or loss based on current fair market value. You always know exactly what each position is worth and what you would owe if you sold today.
| Lot | Qty | Cost Basis | Current Value | Unrealized G/L |
|---|---|---|---|---|
| #1 | 0.500 | $21,450.00 | $31,250.00 | +$9,800.00 |
| #2 | 1.250 | $53,125.00 | $78,125.00 | +$25,000.00 |
| #3 | 0.100 | $6,700.00 | $6,250.00 | -$450.00 |
Compliance
FASB ASU 2023-08 changed how companies account for crypto assets. Instead of the old impairment-only model — where you wrote down losses but never recognized gains until you sold — the new standard requires fair value measurement every reporting period. Gains and losses, realized and unrealized, are recognized in net income. Vibe Ledger handles this automatically.
At the end of each reporting period, every open tax lot is revalued to its current fair market value. The change in value — up or down — is recognized immediately rather than deferred until disposal. No more impairment-only accounting.
Generate the disclosure reports required by the standard. Asset-level detail showing beginning balance, acquisitions, disposals, fair value changes, and ending balance. Formatted for inclusion in your financial statement notes.
Unrealized fair value changes flow directly to net income each period, matching the ASU 2023-08 requirements. Realized gains and losses from disposals are tracked separately so you always know the breakdown.
Full documentation: Crypto Tax Lot Accounting Guide
Integration
This is not a standalone tracker bolted onto a spreadsheet. Crypto accounting is integrated directly into the double-entry ledger, the same one that handles your bank accounts, payables, and revenue.
Digital asset holdings map to accounts in your chart of accounts. BTC, ETH, or any other asset — each gets its own account under your asset hierarchy.
Acquisitions debit the crypto asset account and credit cash. Disposals reverse it and record the gain or loss. Every transaction creates a proper double-entry journal entry.
Your balance sheet reflects digital asset holdings at current fair market value after each revaluation. No manual adjustments or side calculations needed.
Realized gains from disposals and unrealized fair value changes both appear on your income statement. Separated by type so you can see exactly where the numbers come from.
Verification
Verify that the crypto on your books actually exists on-chain. Compare your ledger balance to the blockchain and generate an immutable attestation record.
Proof of reserves connects to mempool.space to query the actual balance of your Bitcoin wallet addresses. It compares the on-chain balance to what your ledger says you hold, and records the result as an attestation with the block height at the time of verification.
Every attestation is immutable once created. You build a verifiable history of reserves over time — useful for auditors, investors, or your own internal controls.
Pricing
Get crypto tax lot tracking on its own, or as part of Pro which includes the full bookkeeping platform, mining operations, and proof of reserves.
Tax lot accounting for crypto assets. Track acquisitions, disposals, and unrealized positions with FIFO/LIFO and FASB-compliant fair value reports.
Everything. Tax lots, mining operations, proof of reserves, full double-entry ledger, bank connect, unlimited PDF uploads, and AI financial insights.
Most crypto tools track prices. This one does the accounting.
Get Started — $14/mo