Acctual

Acctual

Software Development

New York, NY 693 followers

The easiest way to pay or send an invoice (AP/AR) in crypto and fiat. Synced to your accounting system.

About us

The easiest way to pay bills (accounts payable) and send invoices (accounts receivable) in crypto or fiat. Synced to your accounting system. Backed by VCs including Third Prime, IDEO CoLab Ventures and Alchemy Ventures.

Website
www.acctual.com
Industry
Software Development
Company size
2-10 employees
Headquarters
New York, NY
Type
Privately Held
Founded
2023
Specialties
Accounts payable, Accounts receivable, Accounting, Crypto payments, and Crypto invoices

Locations

Employees at Acctual

Updates

  • View organization page for Acctual, graphic

    693 followers

    🔐 Pay your bills with Safe on Acctual! ✅ Every transaction includes the context of an invoice. 🔄 Ensures clarity and simplified tracking. 🔗 Syncs seamlessly to your accounting system. ✒️ Sign one Pay your bills individually with Safe, with the ease and security you need. 📑 Sign all Or batch pay your bills. Saving time while maintaining internal controls. 👥 With more clarity No more questions about the amount, service, vendor, or when the work was done. With the invoice context, sign transactions with confidence. 🚀 Execute and sync Complete payments with real-time sync to your accounting system. Acctual + Safe = fewer errors, more control, and seamless bookkeeping. 🧠 The smarter way to pay bills in crypto With the security of Safe and the simplicity of Acctual. Sign up at https://lnkd.in/eyPpkPii For early access, DM us your use case 😉

  • Acctual reposted this

    View organization page for Acctual, graphic

    693 followers

    Great overview on how we simplify paying bills with crypto and syncing it to Intuit QuickBooks - thanks The Accountant Quits! If you: -Pay more than 5 bills in crypto a month -Pay from an EOA / Safe / Fireblocks -Want better internal controls -Use QuickBooks / Xero Reach out! 👋🏽

    View organization page for The Accountant Quits, graphic

    1,456 followers

    Paying a bill in crypto? Easy. But as accountants, our job doesn’t end at the payment. It actually starts before that. Most web3 teams use accrual accounting, so we’ve got to debit the expense and credit the accounts payable. (𝑈𝑛𝑙𝑒𝑠𝑠 𝑦𝑜𝑢’𝑟𝑒 𝑎 𝐷𝐴𝑂 𝑢𝑠𝑖𝑛𝑔 𝑐𝑎𝑠ℎ 𝑎𝑐𝑐𝑜𝑢𝑛𝑡𝑖𝑛𝑔, 𝑏𝑢𝑡 𝑡ℎ𝑎𝑡’𝑠 𝑎𝑛𝑜𝑡ℎ𝑒𝑟 𝑠𝑡𝑜𝑟𝑦.) Some of the hurdles to ensure that transaction is appropriately recorded in your accounting software would be; ⏹ Converting the crypto bill to fiat ⏹ Manual entry of crypto bill in accounting software ⏹ Attaching the invoice ⏹ Adding the transaction hash Since Quickbooks or Xero do not have built-in features to support crypto, you’d have to use a tool built for crypto. This week, I explored 𝐡𝐨𝐰 𝐭𝐨 𝐩𝐚𝐲 𝐚 𝐛𝐢𝐥𝐥 𝐢𝐧 𝐜𝐫𝐲𝐩𝐭𝐨 𝐮𝐬𝐢𝐧𝐠 Acctual & 𝐭𝐡𝐞𝐢𝐫 𝐐𝐮𝐢𝐜𝐤𝐛𝐨𝐨𝐤𝐬 𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐨𝐧, and I cover; ✅ What is Acctual ✅ Create a bill ✅ Review automated journal entries in Quickbooks ✅ Complete payment of bill ✅ What could be improved for accountants Link to full article in comments 👇

    • Pay Crypto Bills using Acctual & Quickbooks
  • Acctual reposted this

    View profile for Zach Fowler, graphic

    Writing about Stablecoin Adoption and Blockchain Payments | Sales and BD in Web3 | #cryptodad | E1

    I’m excited to announce the launch of the first edition of Unstable Insights! In this first edition, I dive into a crypto product that I think is Acctually good and solves a real problem for the industry. I also talk about how it could’ve saved me $1,500 from a crypto invoicing error. A huge thank you to my friend Atikh Bana from Acctual for sitting down with me and giving me the inside scoop on what they are doing to streamline crypto accounts payable and receivable. Click the link below to check it out: Ps thank you to Dane Miller 🐝 for the advice on segmenting out writing the newsletter through the week. And thank you to beehiiv for building the best newsletter platform in the game

    Getting Down to Business—Finally!

    Getting Down to Business—Finally!

    unstableinsights.beehiiv.com

  • Acctual reposted this

    View profile for Atikh Bana, graphic

    Cofounder @ Acctual - AP/AR for digital assets | ex-Stripe

    a16z crypto launched their 2024 state of crypto report today stating "Stablecoins have found product-market fit" $USDC will become the universal currency for cross border payments. Acctual stats: ~50% of invoices are in $USDC ~60% on Ethereum, Base has grown to ~4% Usage stats: $35M in invoice volume $9.8k avg invoice value From 100+ countries Routes we've seen: Nigeria -> India Lebanon -> China Turkey -> United Arab Emirates Philippines -> Singapore Brazil -> Kazakhstan Vietnam -> Germany Kenya -> United Arab Emirates Czechia -> Ukraine Portugal -> Australia Malaysia -> Switzerland Shows the power of stables vs international wires...

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  • Acctual reposted this

    View organization page for Adventure Fund, graphic

    498 followers

    Acctual has been featured as a top app for accountants in 2024!

    View profile for Atikh Bana, graphic

    Cofounder @ Acctual - AP/AR for digital assets | ex-Stripe

    Thanks Accounting Today for featuring Acctual as a top app for accountants in 2024, alongside tools like Ramp and ChatGPT! We've always believed that finance leaders are the real MVP's for broad adoption of digital assets/stablecoins in accounts payable workflows. It's about meeting finance teams where they are - making crypto fit into their workflow, not change it. Thanks Zachary Gordon, CPA for the quote! 🫶

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  • Acctual reposted this

    View profile for Atikh Bana, graphic

    Cofounder @ Acctual - AP/AR for digital assets | ex-Stripe

    Thanks Accounting Today for featuring Acctual as a top app for accountants in 2024, alongside tools like Ramp and ChatGPT! We've always believed that finance leaders are the real MVP's for broad adoption of digital assets/stablecoins in accounts payable workflows. It's about meeting finance teams where they are - making crypto fit into their workflow, not change it. Thanks Zachary Gordon, CPA for the quote! 🫶

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  • View organization page for Acctual, graphic

    693 followers

    An amazing kickoff to Messari's Mainnet 2024 at our CFO Breakfast yesterday! Good food, good people, even greater vibes. Our panel discussion was led by Richard Pasquin of Cryptoworth and featured a stellar lineup: Atikh Bana from Acctual, Jennifer Greenberg from Rain, industry thought leader David Byrd from EY, and Zachary Gordon, CPA from Red Five. The conversations were jam-packed with an array of topics, including innovations in stablecoins, the latest regulatory shifts, accounting strategies, and the worldwide impact of stablecoins, shedding light on trends shaping the future of our industry. Thank you to all the brilliant attendees, our speakers, and co-hosts Cryptoworth and Rain for creating a remarkable space. If you couldn't attend, we'd love to connect. Reach out via DM or stop by the office for coffee.

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  • Acctual reposted this

    View profile for Mohamedeq M., graphic

    Co-Founder / CPO @ Acctual | ex-Stripe

    Internal transfers, aka intercompany money movement, is now live on Acctual 🎉 We've consistently heard from our users about the need for a way to transfer funds between different entities. Why? Well, the process of running an internal transfer is very manual and operationally exhaustive in crypto. Here’s what finance teams have been dealing with: Constant Approvals: A frequent need for both verbal and written permissions from finance and leadership to move money, which adds significant layers of delay. Operational Delays: These delays in securing approvals create bottlenecks that disrupt business operations. Messy Tracking: Manual tracking of transactions is error-prone and inconsistent, complicating reconciliation. To tackle these issues, we developed our internal transfers feature. It helps finance teams streamline fund movements, speed up approvals, and keep clear, reliable records of all transactions. If the shoe fits and want a demo? Let's chat!

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  • Acctual reposted this

    View profile for Mohamedeq M., graphic

    Co-Founder / CPO @ Acctual | ex-Stripe

    Internal transfers, aka intercompany money movement, is now live on Acctual 🎉 We've consistently heard from our users about the need for a way to transfer funds between different entities. Why? Well, the process of running an internal transfer is very manual and operationally exhaustive in crypto. Here’s what finance teams have been dealing with: Constant Approvals: A frequent need for both verbal and written permissions from finance and leadership to move money, which adds significant layers of delay. Operational Delays: These delays in securing approvals create bottlenecks that disrupt business operations. Messy Tracking: Manual tracking of transactions is error-prone and inconsistent, complicating reconciliation. To tackle these issues, we developed our internal transfers feature. It helps finance teams streamline fund movements, speed up approvals, and keep clear, reliable records of all transactions. If the shoe fits and want a demo? Let's chat!

    • No alternative text description for this image

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