Overview
Breezing is a crypto accounting software/tool, aka a "subledger" based in Switzerland.
You can pull transactions from the blockchain/exchanges, automatically convert to FIAT, calculate net gain/loss (WAC, FIFO, LIFO), transform crypto transactions into journal entries, and push them into Xero in one click.
You can also generate downloadable reports to review opening/closing balances and activities across all your wallets.
You can also close crypto invoices already in Xero without a clearing account using Breezing.
Breezing + Xero
1- Link your Xero account/organization on Breezing's Chart of Accounts page. Once linked, click on 'Get Accounts' to pull your charts of accounts from Xero into Breezing.
2- Match your Xero accounts to crypto transactions.
3- Save transaction details and click on 'Sync to Xero' (you can sync multiple transactions at once).
4- A journal entry will be created as 'Draft' on Xero.
5- Wrong account? Just update the transaction on Breezing, save, and click 'Sync to Xero', your journal will be updated. (no need to delete the journal on Xero)
Getting started
- Step 1: Link your chart of accounts to Breezing.
- Step 2: Select accounts for each crypto transactions.
- Step 3: Sync crypto transaction from Breezing into Xero to create a journal entry.
