On Sun, Sep 3, 2023 at 11:07 AM Eric Altendorf <[email protected]>
wrote:

>
>
> On Sun, Sep 3, 2023 at 09:58 Martin Blais <[email protected]> wrote:
>
>> On Mon, Jul 24, 2023 at 12:47 PM Eric Altendorf <[email protected]>
>> wrote:
>>
>>> [changing subject line]
>>>
>>> On Sat, Jul 22, 2023 at 3:41 AM Daniele Nicolodi <[email protected]>
>>> wrote:
>>>
>>>> On 19/07/23 22:03, Eric Altendorf wrote:
>>>> > In a related vein, are there other reporting tools I can use with v3
>>>> > to generate even non-interactive reports?
>>>>
>>>> It really depends on what you intend for reporting tools. I use
>>>> beanquery for extracting data from my ledgers, but it is not exactly
>>>> what most people would call a reporting tool.
>>>>
>>>
>>> Thanks, I have played around a bit more with bean-doctor and also seen
>>> in the documentation what look like a lot of capabilities for reporting.
>>>
>>> What I would like is a human readable and auditable report of asset
>>> transactions, with booking decisions, that justify profit/loss and capital
>>> gains numbers.  I'm not an accountant so I don't really know if there's a
>>> typical format for that type of report.  My guess is that a report which
>>> shows transactions and how sales are booked against the inventory, with a
>>> snapshot of the inventory interleaved every n lines, might be roughly what
>>> I want.
>>>
>>> Any recommendations on what a CPA might want to look at to audit, or
>>> which Beancount tools I should investigate to build such a report, would be
>>> most appreciated!
>>>
>>
>> I think a Form 8949 equivalent is what they'd be looking for (a
>> spreadsheet).
>> You'd have to build it yourself (I did something like that in Johnny.)
>>
>
> Fwiw, I talked to my tax preparer about this, and for his purposes all he
> needs are the final numbers, like an 8949.  My issue with the 8949 is it
> doesn’t seem really auditable — if you do the sales as “various” lots then
> you can’t verify the gains, and if you split out every single lot the
> report becomes a hundred pages and you can’t holistically verify it’s
> correctness.  I at least want to be able to review and spot check
> correctness myself :)
>
> He said if I took it to an accounting firm to audit, they’d probably want
> the underlying trade data to do their own analysis.  And he said if the irs
> audits, it’s unpredictable, likely they wouldn’t be sophisticated enough to
> process raw trade data so it sounded like grokkable reports could be
> helpful there.
>

I think I've mentioned this in person but it's worth adding a link to
future readers of this thread finding themselves here:
"TradeLog" is likely the most sophisticated tool for doing something like
this for retail traders in general:
https://tradelog.com/
I don't know how well it supports crypto but it has some pages here:
https://support.tradelogsoftware.com/hc/en-us/articles/360001914193-How-TradeLog-Handles-Cryptocurrency-Digital-Currency-

These accountants recommend using it for their clients:
https://greentradertax.com/




>>> Thanks,
>>> eric
>>>
>>>
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