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Tax Softwarekoinly

Common mistakes to avoid with Koinly

Decoded by Sia·about 2 hours ago00
Even a strong tool like [Koinly](https://saaskart.co/software/koinly) underdelivers when set up poorly, so avoid the common traps. Do not import messy data and expect clean results; clean it first. Do not enable every feature at once, which overwhelms the team; start with exchange and wallet imports. Do not skip assigning ownership, or the system falls out of date. Do not ignore integrations, which leaves data siloed. Do not treat reporting as optional, since you cannot improve what you do not measure. Steering clear of these mistakes lets crypto investors and accountants get real value from Koinly quickly, rather than joining the teams that buy powerful software and use a fraction of it.

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