#96: Building an Enterprise Grade Crypto Accounting Software with Kryptos
Should a crypto subledger do more than just bookkeeping and reporting?Kryptos began as a retail-focused crypto tax tool. Today, it has evolved into an enterprise-grade accounting platform, offering not just bookkeeping, but also treasury management, token vesting, payroll, invoicing, audits, and even proof-of-reserves.On Episode 96, we spoke with Sukesh Tedla, CEO of Kryptos, to discuss their leap from consumer to enterprise, the hurdles of adoption, and how automation and AI are reshaping the future of crypto accounting✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - https://app.theaccountantquits.com/ 🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting https://www.theaccountantquits.com/free-class 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto https://www.theaccountantquits.com/crypto-accounting-academy ✊ Follow The Accountant Quits on Socials👉 LinkedIN: https://www.linkedin.com/school/the-accountant-quits 👉 Twitter(X): https://x.com/accountantquits 👉 YouTube: https://www.youtube.com/@theaccountantquits 🎙️ Follow Episode Guest Sukesh Tedla: https://www.linkedin.com/in/sukeshtedla/🎧 WebsiteFor show notes and past guests, please visit https://www.theaccountantquits.com/podcast Topics covered(0:00) Coming Up(1:54) Why launch a subledger(3:20) Using Kryptos SDK(7:43) Retail tax calculators switching to enterprise(11:01) Enterprise v/s retails sales(12:04) Custom enterprise requirements(14:19) All-in-one subledger(16:21) Partnerships & integrations(17:22) Get 2 months for free with Request Finance(19:01) Kryptos Enterprise demo(29:09) Pricing(32:05) AI-powered crypto accounting(34:35) Adoption of crypto in Sweden(36:39) Closing Thoughts(38:22) Reach out to Sukesh
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#95: Navigating Web3 Operations with Sarah Luehrs from Union Labs
Navigating Web3 operations isn’t always glamorous.While developers are busy building, someone needs to ensure the machines run smoothly behind the scenes.Sarah Luehrs is the COO at Union Labs, and she pulls back the curtain on what it takes to navigate web3 operations and scale a remote-first team.✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - https://app.theaccountantquits.com/ 🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting https://www.theaccountantquits.com/free-class 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto https://www.theaccountantquits.com/crypto-accounting-academy ✊ Follow The Accountant Quits on Socials👉 LinkedIN: https://www.linkedin.com/school/the-accountant-quits 👉 Twitter(X): https://x.com/accountantquits 👉 YouTube: https://www.youtube.com/@theaccountantquits 🎙️ Follow Episode Guest Sarah Luehrs: https://www.linkedin.com/in/sarah-luehrs-2609b181/🎧 WebsiteFor show notes and past guests, please visit https://www.theaccountantquits.com/podcast Topics covered(0:00) Coming Up(2:36) How Sarah started in web3(6:30) From Tokensoft to Union Labs(7:12) What is Union?(9:32) Challenges of web3 operations(12:35) Recurring tasks(15:11) Secrets to CEO/COO Harmony(17:47) Get 2 months for free with Request Finance(19:25) Challenges of treasury management(22:58) Web3 tools (payroll, subledger)(28:13) Working on a token launch(29:51) Token launch checklist(32:58) Challenges setting up a Foundation(36:43) Head of Foundation in Cayman Islands?(38:34) How to have a web3 career (41:02) Favourite learning resources(44:22) Sarah’s maxim(47:19) Reach out to Sarah on X
Ep. 94 dives into the newly signed GENIUS Act and what it means for stablecoin issuers. I’m joined by Nestor Dubnevych (Legal Nodes) to unpack its impact on licensing, compliance, and cross-border operations. We also cover global regulatory trends and what teams need to know when building crypto payment products.✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - https://app.theaccountantquits.com/ 🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting https://www.theaccountantquits.com/free-class 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto https://www.theaccountantquits.com/crypto-accounting-academy ✊ Follow The Accountant Quits on Socials👉 LinkedIN: https://www.linkedin.com/school/the-accountant-quits 👉 Twitter(X): https://x.com/accountantquits 👉 YouTube: https://www.youtube.com/@theaccountantquits 🎙️ Follow Episode Guest Nestor Dubnevych: https://www.linkedin.com/in/nestor-dubnevych/🎧 WebsiteFor show notes and past guests, please visit https://www.theaccountantquits.com/podcast Topics covered(0:00) Coming Up(2:14) GENIUS Act Explained(4:51) Winners & losers of GENIUS Act(7:00) Compliance costs(11:37) Future of stablecoins and banks(14:03) On-ramping & off-ramping opportunities(16:33) Get 2 months for free with Request Finance(18:12) Yield-bearing stablecoins(21:42) Global stablecoin regulations(24:36) Compliance for crypto payments gateways(27:42) Geographical use case trends(30:10) RWA compliance(35:05) Legal Nodes services(37:41) How Legal Nodes evolved since 2018(39:21) Clarity Act(40:57) Regulatory interoperability(43:48) Reach out to Nestor or Legal Nodes
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#93: Asset Management & Financial Reporting for DAOs with Jack Gale from kpk (formerly karpatkey)
kpk is redefining crypto treasury management with secure, transparent, fully on-chain systems. In this episode, I speak with Jack Gale, core contributor at kpk (formerly Karpatkey), managing over $1.8B for top DAOs like Gnosis, Aave, ENS, and dYdX.We dive into why an Investment Policy Statement (IPS) is essential for DAOs, how kpk builds trust with crypto-native reporting, and a case study with Beefy Finance using Octav for on-chain data tracking.✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - https://app.theaccountantquits.com/ 💌Join our weekly free newsletter and become a confident web3 Accountant https://www.theaccountantquits.com/newsletter🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting https://www.theaccountantquits.com/free-class 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto https://www.theaccountantquits.com/crypto-accounting-academy ✊ Follow The Accountant Quits on Socials👉 LinkedIN: https://www.linkedin.com/school/the-accountant-quits 👉 Twitter(X): https://x.com/accountantquits 👉 YouTube: https://www.youtube.com/@theaccountantquits 🎙️ Follow Episode Guest Jack Gale: https://x.com/iamjackgale🎧 WebsiteFor show notes and past guests, please visit https://www.theaccountantquits.com/podcast Topics Covered:(0:00) Coming Up(2:19) Investment Policy Statement (IPS) for DAOs(5:31) How to start IPS(7:49) IPS for Ethereum Foundation(12:52) Public IPS examples with ENS, Balancer(13:21) kpk services for asset management & financial reporting(16:46) kpk’s early beginnings(18:19) kpk scaling strategy(20:31) Get 2 months for free with Request Finance(22:12) kpk as on-chain agent(27:58) onchain permissions in practice(30:07) Zodiac Roles Modifier for onchain permissions(33:09) kpk’s open-source toolkit(33:47) Live demo of kpk(35:35) kpk’s DeFi treasury platform(41:09) Inside Beefy Finance Financial Report(45:08) Using Octav to build financial reports of Beefy Finance(51:09) Does Beefy use traditional accounting softwares?(52:55) Final thoughts for DAO contributors & founders(55:36) Jack’s quote(56:24) Reach out to Jack or kpk
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#92: Web3 Incorporation in Panama (A Legal Guide)
Web3 is global, but where you set up your company matters. One growing hotspot is Panama.Panama doesn’t have specific crypto laws yet, so Web3 projects don’t need special licenses. It’s unregulated, but still legal. Plus, there’s 0% corporate tax on foreign income, making it a great place for innovation.To break it all down, I’m joined by Edgar Young, Partner at Pacifica Legal, a firm that’s helped over 270 Web3 companies incorporate in Panama.✅ OUR RESOURCES💌Join our weekly free newsletter and become a confident web3 Accountant https://www.theaccountantquits.com/newsletter🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting https://www.theaccountantquits.com/free-class 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto https://www.theaccountantquits.com/crypto-accounting-academy ✊ Follow The Accountant Quits on Socials👉 LinkedIN: https://www.linkedin.com/school/the-accountant-quits 👉 Twitter(X): https://x.com/accountantquits 👉 YouTube: https://www.youtube.com/@theaccountantquits 🎙️ Follow Episode Guest Edgar Young: https://www.linkedin.com/in/dr-edgar-young-773a86218/🎧 WebsiteFor show notes and past guests, please visit https://www.theaccountantquits.com/podcast Topics covered;(0:00) Coming Up(0:51) Episode intro(2:35) How Pacifica Legal started(5:53) Panama’s crypto evolution(7:42) Tax environment in Panama(13:17) Tax obligations for founders from Panama(18:38) Thanks to our sponsor Octav(20:20) Token launch setup with SPV & Foundation(24:24) Controlling interest in subsidiaries(26:07) How funds flow between entities(26:56) Setup time & costs(27:51) Sociedad Anónima vs. Foundation(33:20) Bearer shares in Panama(35:42) DAO setup in Panama(38:14) DAO distributions to token holders(39:14) Thanks to our sponsor Request Finance(40:53) Panama v/s Cayman Foundations(45:12) Ownerless Foundation in Panama(47:11) Reputation risks(50:56) Crypto-friendly banks(55:19) Going bankless?(57:04) Pacifica’s crypto legal services(58:17) Onboarding process(59:12) Filing & Compliance(01:01:23) Final Thoughts(01:03:14) Reach out to Edgar
Welcome to The Accountant Quits podcast, an idea born from an inquisitive attempt to find one’s calling. I’m Umar and I will be your host on this series where we look into the impact of blockchain in accounting.
From topics around the accounting treatment of cryptocurrencies, the new framework of triple entry accounting, the challenges at hand for audit and tax, and many more, we will look into how the profession of accounting is evolving and how accountants should prepare themselves for the future of work.
Website - www.theaccountantquits.com
South Africa