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We Handle your Financial Operations, Accounting and Tax

For Digital Businesses, Web3 Start-ups, and Crypto Operations
Crypto Subledger Accounting System Integrations
Chartered Tax Advisers, Accountants and Bookkeepers


Established 2008: Sydney, Brisbane, Remotely Global.
Putting Bitcoin on the Balance Sheet since 2013

Credentials & Affiliates

Crypto Accounting Solved

At ElectraFi, we can help your business smoothly integrate crypto into your financial operations, while ensuring you get the professional services you need all year-round — so you can focus on driving profits and growth.

Why Businesses
Need ElectraFi

Eliminate Tax and Accounting Concerns with Careful, Considered Expertise

When businesses consult with us, they benefit from our 20+ years of financial accounting and tax expertise, combined with deep involvement in Bitcoin and open blockchain projects. We conduct a comprehensive review of your records to identify and mitigate risk issues, ensuring your accounting is accurate and reliable. This supports a minimized and defensible tax position, giving you confidence in your compliance with tax laws and regulations.

Crypto Accuracy

Ensure precise and reliable financial records for all crypto transactions, integrated with fiat accounting for consistent and accurate tax reporting.

Deadline Success

Consistently meet your accounting and tax deadlines with expert oversight, avoiding penalties and ensuring smooth operations.

Clear Communication

Receive clear advice to firm up your understanding of tax obligations and alleviate concerns. Collaborate with us in on Slack, Telegram or a privacy app.

Strategic Approach

We take a strategic approach, considering any future plans, business restructuring, and offshore activities to align outcomes effectively.

Why Businesses
Love ElectraFi

Crypto Accounting With Comprehensive Business Insights

Crypto accounting and bookkeeping with a perpetual reconciliation and reporting framework provides a solid foundation for effective treasury management and risk mitigation. We can be your accountant. Or we can work with your existing accountant.

Crypto Integration

Customised business accounting systems, asset tracking and bookkeeping processes specifically for crypto, Bitcoin ecosystem, NFTs and DeFi.

Strategic Approach

Beyond simply adding crypto accounting and best practices, we take a 360 degree view over your business to optimise strategic planning and tax outcomes.

Maintain Relationships

We can collaborate with your existing accountant, who understands your business, so you get the crypto financial operations support you need with the trusted advisor you’re used to.

Easier Compliance

Proper crypto accounting systems and internal controls ensure accuracy of financial and tax reporting, helping to legitimise a business and withstand tax audits.

Problems We Solve

Crypto Accounting

Crypto Accounting Monthly, Quarterly and Annual Reports; Financial Statements: Profit and Loss, Balance Sheet, Cash Statement, and Tax Reconciliation

Tax Clarity and Compliance

Provision of Australian-International Tax Planning and Tax Preparation Services for Business Crypto, NFT and DeFi Activities.

Web3 Accounting Systems

Crypto Accounting System Set-up and Integration, Accounting and Bookkeeping Processes, Best Practices and SOPs, Monthly Reporting with Cash Runway, Burn and Budget Variance.

Crypto Treasury Management

Enhancing visibility over financial risks in a web3 startup or any organisation holding its funds in crypto.

Future-Proof Your Business

Are you ready to future-proof your business with Bitcoin and digital assets? We're here to make your accounting technology experience with crypto as automated and tidy as possible. Your time is better spent focused on profitable activity, instead of wading through spreadsheets.

01

Collaborative Approach

We work with both businesses and accountants to ensure they can grow in tandem with Bitcoin and digital asset adoption. This approach ensures the most efficient and informed adaption to a fast-evolving financial environment.

02

Integrated Systems

Xero and Quickbooks integrated accounting solutions for reporting cryptocurrency transactions, enabling the management of all your associated cryptocurrency wallets, for timely monthly reports you can present to stakeholders. Or ask us about an all-in-one ERP or back office solution.

03

Tailored for Digital Assets

Immersing ourselves in your business with a deep knowledge of how digital assets create value means we can execute best practice across all finance, processes, strategy, governance and risk areas.

04

Cost Effective

Reduce in-house expenses significantly with our fractional finance team services. Let the team at ElectraFi take care of your digital assets accounting system, monthly reporting and tax obligations, so your people can do more profit driven work.

How it All Started

Electra Frost Accounting & Advisory was established in Sydney in 2008. With creative business and technology clients, they were solving the problems of accounting for Bitcoin in companies before there was any formal guidance. 

Over time, we rebranded as ElectraFi and collaborated and learned with crypto accountants around the world, Conventional accounting practices became more systemised & future-focused. 

Having mastered setting up crypto systems, processes and strategies for businesses, Electra now seeks to support other accounting professionals following this path.

Insider Blog

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Join the ElectraFi Mission!

Listen now (5 mins) | We're Bridging the Crypto Chasm for Organisations and their External Accountants

Join the ElectraFi Insider Podcast

Tune in for blockchain, Bitcoin, crypto and Web3 industry updates filtered by accountants, for Accountants.

By Accountants, For Accountants

Tune In to the ElectraFi Podcast

Crypto accountants like Electra herself learn much of what they know from listening to podcasts, so we think you should listen to ours! From Web3, blockchain, cryptocurrency, and just about anything finance, there's much to learn and love.

Are your crypto accounting records ready for 2024 tax planning?

As Australians approach 30 June, our accountants should be focused on formulating valuable advice to minimise our tax liabilities, not making sure the numbers are in the right place. For better tax planning outcomes, let's tackle your crypto accounting first!