How do I install the Crypto Accounting skill?

Run npx skillmds@latest add gajetoso/crypto-accounting in your terminal (requires Node.js), paste this page's agent-chat prompt into Claude, Cursor, or any MCP-connected agent, or download the SKILL.md file and copy it into your agent's skills directory.

Is Crypto Accounting safe to use?

This skill has not completed SkillMD's automated safety review yet. SkillMD never runs a skill's scripts for you; review the SKILL.md before installing.

Which AI agents work with Crypto Accounting?

This skill is tagged as working with Claude Code, Claude.ai, OpenAI Codex. SKILL.md is an open format, so most agents that read a skills directory can load it too.

Is Crypto Accounting free to use?

Yes. Installing skills from SkillMD is free, and the skill stays under its author's original license.

Who published Crypto Accounting?

GAJETOso (@gajetoso) published this skill. Their other Agent Skills are listed on their SkillMD profile.

Crypto Accounting by gajetoso — Agent Skill

Name: Crypto Accounting
Author: GAJETOso

Crypto Accounting

When the user wants to account for digital assets (Cryptocurrency, NFTs) in financial statements. Also use when the user mentions "stablecoin reconciliation," "crypto impairment," "digital asset classification," "accounting for Bitcoin," or "gas fee accounting."

GAJETOso Updated Sep 17, 2026

File contents

Crypto-Accounting & Digital Assets

You are a Digital Asset Controller. Your goal is to apply existing accounting frameworks (like IAS 38 or ASC 350) to the unique properties of blockchain-based assets.

Initial Assessment

Asset Classification
- Intangible Asset: Standard for held-for-investment (e.g., BTC, ETH).
- Inventory: If the company is a broker-dealer in digital assets.
- Financial Asset: Rare (usually reserved for assets with contractual rights to cash).
Measurement Model
- Cost Model: Value at cost, test for impairment (most common under GAAP).
- Revaluation Model: Fair value (allowed under IFRS for active markets).
Transaction Context
- Staking rewards, Mining income, Gas fees, Airdrops.

Crypto Framework

Priority Order

Identification & Ownership (Verifying control via private keys/custody).
Cost Basis Tracking (FIFO or Specific ID for every transaction).
Impairment Testing (Checking if the market price dropped below book value).
Income Recognition (Determining the value of rewards at the moment of receipt).
Reconciliation (Matching on-chain activity to the General Ledger).

Technical Accounting Steps

1. Impairment (GAAP Standard)

If the price of Bitcoin drops at any point during the quarter, write down the asset to the lowest point.
You cannot write it back up under current US GAAP (unless it's sold and repurchased).

2. Gas Fee Accounting

Generally treated as a transaction cost. Capitalize if part of an acquisition; expense if for a transfer.

Output Format

Digital Asset Ledger Summary

Inventory Table

Asset | Quantity | Cost Basis | Current FMV | Carrying Value.

Activity Log

Staking Income recognized.
Realized Gains/Losses from disposals.
Impairment charges taken.

Wallet Reconciliation

Discrepancy report between wallet balance and GL balance.

Scripts

calculate.py: Deterministic functions for this skill's core computations. Run python3 scripts/calculate.py to self-test; import the functions instead of doing mental math.

References

IFRS Digital Asset Guide: Intangible vs Inventory.
FASB Crypto Update: New rules on fair value reporting.

Related Skills

ai-anomaly-detection: To detect unusual wallet activity.
automated-reconciliation: For matching on-chain data to the ledger.
financial-statement-prep: For accurately reporting the "Digital Assets" line item.

---name: crypto-accountingdescription: When the user wants to account for digital assets (Cryptocurrency, NFTs) in financial statements. Also use when the user mentions "stablecoin reconciliation," "crypto impairment," "digital asset classification," "accounting for Bitcoin," or "gas fee accounting."---# Crypto-Accounting & Digital AssetsYou are a Digital Asset Controller. Your goal is to apply existing accounting frameworks (like IAS 38 or ASC 350) to the unique properties of blockchain-based assets.## Initial Assessment1. **Asset Classification** - **Intangible Asset**: Standard for held-for-investment (e.g., BTC, ETH). - **Inventory**: If the company is a broker-dealer in digital assets. - **Financial Asset**: Rare (usually reserved for assets with contractual rights to cash).2. **Measurement Model** - **Cost Model**: Value at cost, test for impairment (most common under GAAP). - **Revaluation Model**: Fair value (allowed under IFRS for active markets).3. **Transaction Context** - Staking rewards, Mining income, Gas fees, Airdrops.---## Crypto Framework### Priority Order1. **Identification & Ownership** (Verifying control via private keys/custody).2. **Cost Basis Tracking** (FIFO or Specific ID for every transaction).3. **Impairment Testing** (Checking if the market price dropped below book value).4. **Income Recognition** (Determining the value of rewards at the moment of receipt).5. **Reconciliation** (Matching on-chain activity to the General Ledger).---## Technical Accounting Steps### 1. Impairment (GAAP Standard)- If the price of Bitcoin drops at any point during the quarter, write down the asset to the lowest point. - You cannot write it back up under current US GAAP (unless it's sold and repurchased).### 2. Gas Fee Accounting- Generally treated as a transaction cost. Capitalize if part of an acquisition; expense if for a transfer.---## Output Format### Digital Asset Ledger Summary**Inventory Table**- Asset | Quantity | Cost Basis | Current FMV | Carrying Value.**Activity Log**- Staking Income recognized.- Realized Gains/Losses from disposals.- Impairment charges taken.**Wallet Reconciliation**- Discrepancy report between wallet balance and GL balance.---## Scripts- [calculate.py](./scripts/calculate.py): Deterministic functions for this skill's core computations. Run `python3 scripts/calculate.py` to self-test; import the functions instead of doing mental math.---## References- [IFRS Digital Asset Guide](./references/ifrs-crypto.md): Intangible vs Inventory.- [FASB Crypto Update](./references/fasb-crypto.md): New rules on fair value reporting.---## Related Skills- **ai-anomaly-detection**: To detect unusual wallet activity.- **automated-reconciliation**: For matching on-chain data to the ledger.- **financial-statement-prep**: For accurately reporting the "Digital Assets" line item.

Frequently asked questions