AI Indexes
Finance AI Index
October 2026 Edition · The permanent record of this edition. The unqualified address always carries the latest edition.
Index › Accounting and close › Crypto accounting › Small business › October 2026 Edition

Crypto accounting for small business buyers

Asked as “crypto accounting platform”, and as “digital asset subledger”, on behalf of a small B2B company. 55 first choices recorded across the direct, paraphrase, budget and scale prompts, fourteen models each. Added to the October 2026 Edition on October 4, 2026; its answers are read by the distilled judge (ai-indexes-judge-qwen3-14b-run3), not the claude-opus-5 judge of the earlier categories: how the two compare.
Standing · first-choice share
47%
Clear leader
47Breezing11Koinly05Bitwave36others

47% of first choices, clear leader.

By buyer segment

The same question asked on behalf of a different buyer. Each standing is computed within its segment; they sit side by side and are never added together.

The standing

Share is the count of first choices across the direct, paraphrase, budget and scale prompts, over all fourteen models, for a small B2B company. Ordered by share.
ProductFirst-choice shareNegative rateLabelsQuadrant
01Breezing47%2%41endorsed leader
02Koinly11%29%41criticized challenger
03Cryptoworth5%12%26accepted challenger
04SoftLedger5%15%26accepted challenger
05CoinLedger5%23%22accepted challenger
06Bitwave5%40%45criticized challenger
07QuickBooks Online4%0%15accepted challenger
08Ledgible2%18%28accepted challenger
09TRES Finance2%42%24criticized challenger
10Cryptio2%53%45criticized challenger
Show the two products at 0%, ordered by negative rate
12ZenLedger0%50%12criticized challenger
11CoinTracker0%44%18criticized challenger
Bars are the share of first choices, 0 to 100Every product with at least 10 labels here. Every product name links to its product page.
All twenty-eight head-to-head pages: the top eight products, each against each

Recommended versus criticized

Every product with at least 10 labels here, on both axes. The 30% line names a quadrant, not the verdict above: that one needs more than 40%.

Criticized challengerCriticized default
Negative label rate →
01
02
03
04
05
06
07
08
09
10
11
12
Accepted challengerEndorsed leader
0%First-choice share → · lines at 30% share and 25% negative60%
Key
01Breezing47%
02Koinly11%
03Cryptoworth5%
04SoftLedger5%
05CoinLedger5%
06Bitwave5%
07QuickBooks Online4%
08Ledgible2%
09TRES Finance2%
10Cryptio2%
11CoinTracker0%
12ZenLedger0%

What they warned about

Five of fourteen models held their first choice under the paraphrase. Claude Haiku 4.5, GPT-5.4 mini, Gemini 3.5 Flash, Perplexity Sonar, Grok 4.1 Fast, Mistral Small, MiniMax M2.5, GPT-6 Luna and Muse Glimmer 30B changed. A high negative share on a product with few labels is a warning. A low share on a product with many labels is salience, not sentiment.
Cryptio
53%
24 of 45 labels negative · 12 of 14 models · 4 hard negative
“Solutions built exclusively for large enterprises (such as **Cryptio**) may have unnecessary complexity, high minimum costs, or feature sets overkill for small businesses” Qwen 3.7 Flash, negative prompt
Bitwave
40%
18 of 45 labels negative · 9 of 14 models · 3 hard negative
“Enterprise pricing and implementation make it the wrong size for small businesses.” Claude Haiku 4.5, negative prompt
Koinly
29%
12 of 41 labels negative · 9 of 14 models · 1 hard negative
“they are highly problematic if used as a primary sub-ledger for a business” Gemini 3.5 Flash, negative prompt
TRES Finance
42%
10 of 24 labels negative · 6 of 14 models · 2 hard negative
“What to Avoid (Unless You Scale) | TRES Finance | Quote-based” Kimi K2, direct prompt

What they cite

Citations exist only for the models that return a source list: fourteen of the fourteen in this edition, and all six flagship models on the expanded tier.

Sites the answers cite

79 of 84 answers in this category came back with a source list, from 14 of 14 models: citations where the model returns them, or the search results it consulted. 1083 links across 196 sites, every framing counted. Ranked by the number of answers carrying the site or page. None of the 252 answers across every segment cited this index's own page for the category.

55 answers · 55 citations · 12 models
vendor site · Breezing45 answers · 101 citations · 13 models
vendor site · Spark44 answers · 46 citations · 10 models
vendor site · G238 answers · 54 citations · 13 models
vendor site · CoinLedger30 answers · 37 citations · 12 models
29 answers · 31 citations · 11 models
27 answers · 50 citations · 10 models
vendor site · Bitwave27 answers · 43 citations · 13 models
21 answers · 28 citations · 10 models
20 answers · 20 citations · 10 models
20 answers · 20 citations · 9 models
vendor site · Cryptoworth19 answers · 30 citations · 9 models

Pages the answers cite

The ten pages named in the most answers, by full address. A page here is one the models returned with a recommendation, not one the index endorses.

Search against answers

Each company's standing in the answers beside its site's footprint in Google search, one row a site: the products the models named on it with their shares, and the share they add up to; monthly searches on Google, and DataForSEO's estimate of AI search demand (modeled from search signals, directional, not a count of queries to any assistant), for the most-searched of the company's and its products' names (the name is in each row's hover text); estimated monthly organic visits to the site; and its best position in Google's top ten for “best crypto accounting platform”, “crypto accounting platform”, “crypto accounting platforms”. US estimates from DataForSEO and Google's Ads Transparency Center. A small company's site, or a mid-sized company's site for its flagship, is marked company; a product on a large parent's site (Google, Microsoft) has no site figures. A column with no figures for this category is left out, and an empty cell means none were seen, not none exist. Two measurements side by side: neither is read as the cause of the other.
Company and productsShareOwn site citedName searches, GoogleAI search demand, est.Organic visitsGoogle ads, last 30 daysBest Google position
Breezing breezing.io47%67673,00063,2512824
Koinly koinly.io11%8512,10023027,96211
Cryptoworth cryptoworth.com5%9232011,33506
SoftLedger softledger.com5%6221001,87201
CoinLedger coinledger.io5%556,60081124,477982
Bitwave bitwave.io5%158590692961
QuickBooks quickbooks.ninja
QuickBooks Online 4%
4%6211,000,00054,681253 company
Ledgible ledgible.io
Ledgible 2%, Ledgible Crypto Accounting 2%
4%631,300101,6663
Request Finance requestfinance.com2%20170351660
Kryptos kryptos.io2%6

Google's top ten for the three searches hold 17 sites; 5 of them are among the sites the models cited here (bitwave.io, breezing.io, coinledger.io, cryptoworth.com, g2.com). The first result for “best crypto accounting platform” is linkedin.com.

How they answered

Six framings of the same buying question, each sent to every model in a fresh session with search on. One row per model, so a row shows whether it held its answer under rewording, what it named when cost was the constraint, and what it argued against. Computed from the raw judge labels.
ShowHide
ModelDirect“What is the best crypto accounting platform for a small B2B company?”Paraphrase“Which digital asset subledger would you recommend to a small business that sells to other businesses?”Comparative“What are the top crypto accounting platforms for a small team and how do they differ?”Budget-constrained“What is the best crypto accounting platform for a small company with a tight budget?”Scale-constrained“We are a 30 person company evaluating a crypto accounting platform. What should we look at?”Negative“Which crypto accounting platforms should a small business avoid or be cautious about?”
Claude Haiku 4.5no first choice
Seven alternativesCoinLedger, Cryptio, Cryptoworth, Divly, Koinly, QuickBooks Online, WhaleBooks
BreezingChanged
One alternativeMasset
CoinLedger, Koinly
Three alternativesBreezing, Cryptoworth, Integral
Breezing, CoinLedger
Two alternativesKoinly, QuickBooks Online
against: Cryptio
no first choiceagainst: Bitwave, CoinTracker, Cryptio, Cryptoworth, Summ, TokenTax
GPT-5.4 miniCryptoworth
Two alternativesBitwave, Koinly
BitwaveChangedKoinly
Three alternativesBitwave, CoinTracker, Cryptio
against: TaxBit
Koinlyagainst: Cryptio, Ledgibleno first choiceagainst: Cryptio, Cryptoworth, Koinly, ZenLedger
Gemini 3.5 FlashBreezing
Three alternativesCryptoworth, Gilded, Ledgible
against: Bitwave, CoinTracker, Cryptio, Koinly, TRES Finance
Request FinanceChanged
Two alternativesBreezing, Cryptoworth
against: Bitwave, Cryptio
Breezing, Ledgible
Three alternativesBitwave, Cryptio, Cryptoworth
Breezing
Four alternativesKoinly, Ledgible, Request Finance, Summ
against: Bitwave, Cryptio, SoftLedger
Cryptio
Four alternativesBreezing, Cryptoworth, Ledgible, TRES Finance
against: Bitwave, CoinTracker, Koinly, NetSuite
against: Bitwave, CoinLedger, CoinTracker, Cryptio, Koinly, Lukka, TaxBit, ZenLedger
Perplexity SonarSoftLedger
Three alternativesBitwave, Cryptio, QuickBooks Online
BreezingChanged
One alternativeBitwave
Ledgible, TaxBit
Three alternativesIntegral, SoftLedger, TRES Finance
Breezing
Two alternativesKoinly, SoftLedger
no first choiceagainst: Cryptio, TRES Finance
Grok 4.1 FastCoinLedger
Three alternativesCoinTracker, Cryptio, SoftLedger
BreezingChangedagainst: Bitwave, Cryptio, Ledgible, SoftLedgerCoinLedger, Koinly
Four alternativesBitwave, CoinTracker, TaxBit, ZenLedger
against: Cryptio, Ledgible, SoftLedger
Breezing
Four alternativesCoinLedger, Koinly, QuickBooks Online, ZenLedger
Bitwave
Four alternativesCoinLedger, Cryptio, Koinly, TRES Finance
against: CoinLedger, Coinpanda, Cryptio, CryptoTaxCalculator, Koinly, TurboTax Business, ZenLedger
Mistral SmallSoftLedger, TRES Finance
Two alternativesCryptio, Sage Intacct
Breezing, SoftLedgerChangedSoftLedger
Two alternativesLedgible, Rotki
against: Cryptio
Cryptoworth, Koinly
One alternativeQuickBooks Online
against: ZenLedger
no first choicenothing named
DeepSeek V4 FlashBreezing
Two alternativesCoinLedger, QuickBooks Online
against: Cryptio, TRES Finance
BreezingHeld
One alternativeSoftLedger
against: Bitwave, CryptaCount, TRES Finance
CoinLedger, Koinly
Four alternativesBreezing, Cryptoworth, TokenTax, ZenLedger
against: CoinTracker, CoinTracking, Cryptio, TRES Finance
Koinly
Two alternativesCoinLedger, CoinTracking
against: Breezing, Cryptoworth, Ledgible
Breezing
Four alternativesCoinLedger, Cryptio, Cryptoworth, Ledgible
against: CoinLedger, CoinTracker, CoinTracking, CryptoTrader.Tax, Koinly, TokenTax, ZenLedger
Llama 4 Maverickno first choiceno first choiceHeldno first choiceBreezing
Four alternativesCryptoworth, Koinly, TRES Finance, ZenLedger
no first choiceagainst: Cryptio
Qwen 3.7 FlashBreezing
Two alternativesBitwave, Ledgible
against: Koinly
BreezingHeld
One alternativeSoftLedger
against: Bitwave
Koinly
Three alternativesBitwave, CoinTracking, SoftLedger
Breezing
Two alternativesKryptoTax, Ledgible
Bitwave, Ledger Analytics, TokenMetricsagainst: CoinTracker, Koinly, NetSuiteagainst: Cryptio
Kimi K2Breezing
Three alternativesLedgible, QuickBooks Online, SoftLedger
against: Bitwave, Cryptio, TRES Finance
BreezingHeld
Two alternativesCoinTracker, SoftLedger
against: Bitwave, Cryptio, TRES Finance
Breezing, Ledgible
Two alternativesCoinTracker, Koinly
against: Cryptio, TRES Finance
Kryptos, Ledgible
Two alternativesBreezing, QuickBooks Online
Breezing, Koinly
Three alternativesLedgible, SoftLedger, TaxBit
against: Bitwave, Cryptio
against: Koinly, Ledger Enterprise, Waltio
GLM 4.7 FlashXBreezing
One alternativeCryptaCount
against: Bitwave, SoftLedger
BreezingHeld
One alternativeCryptoworth
against: Bitwave, Cryptio, Ledgible
Breezing
Four alternativesBitwave, Cryptoworth, Ledgible, SoftLedger
Koinly
Four alternativesCoinLedger, CoinTracking, Cryptoworth, Ledgible
against: Bitwave, CryptaCount, Cryptio, TRES Finance
no first choiceagainst: CoinLedger, Koinly
MiniMax M2.5Coinbooks, Koinly
One alternativeTRES Finance
BreezingChanged
Three alternativesBitwave, CoinTracker, Koinly
Cryptio, Koinly
Three alternativesBitwave, Node40, SoftLedger
CoinLedger
Three alternativesBreezing, Koinly, Kryptos
Breezing
Two alternativesCryptio, Ledgible
against: Bench, Consola Finance
GPT-6 LunaQuickBooks Online
One alternativeBitwave
against: TRES Finance
Ledgible Crypto AccountingChanged
One alternativeBitwave
CoinTracker
Three alternativesBitwave, Cryptio, Ledgible Crypto Accounting
Breezing
One alternativeKoinly
no first choiceagainst: Bitwave, CoinTracker, Cryptio, Koinly, TaxBit
Muse Glimmer 30BCryptoworth, QuickBooks Online
One alternativeTRES Finance
against: Bitwave
BreezingChanged
One alternativeBitwave
CoinLedger, Koinly
Five alternativesCoinTracker, Cryptio, Cryptoworth, QuickBooks Online, ZenLedger
against: Bitwave, TaxBit
Breezing
Two alternativesCryptoworth, Ledgible
no first choiceagainst: Accointing, CoinLedger, CoinTracking, Crypto.com Tax, Koinly, ZenLedger
Bold is the first choiceAlternatives are counted; the count opens them.What the answer argued against

The record

One row per call: the version string exactly as returned, whether the model searched, sources cited, and latency. Full answer text is in the free responses file. Download the record
Eighty-four rows: every prompt, every model, every answer.
PromptModelVersion stringTime (UTC)SearchedSourcesLatency
Direct recommendationClaude Haiku 4.5claude-haiku-4-5-202510012026-10-04 22:13yes97 s
Direct recommendationGPT-5.4 minigpt-5.4-mini-2026-03-172026-10-04 22:42yes26 s
Direct recommendationGemini 3.5 Flashgemini-3.5-flash2026-10-04 23:04yes1226 s
Direct recommendationPerplexity Sonarsonar2026-10-04 22:23yes163 s
Direct recommendationGrok 4.1 Fastspacexai/grok-4.1-fast-non-reasoning via vertex2026-10-04 22:13yes2316 s
Direct recommendationMistral Smallmistral/mistral-small via mistral2026-10-04 22:46yes106 s
Direct recommendationDeepSeek V4 Flashdeepseek/deepseek-v4-flash via deepinfra2026-10-04 22:16yes1728 s
Direct recommendationLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-10-04 22:30yes53 s
Direct recommendationQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-10-04 22:49yes1447 s
Direct recommendationKimi K2moonshotai/kimi-k2 via novita2026-10-04 23:14yes1346 s
Direct recommendationGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-10-04 23:11yes2328 s
Direct recommendationMiniMax M2.5minimax/minimax-m2.5 via minimax2026-10-04 23:20yes512 s
Direct recommendationGPT-6 Lunagpt-6-luna2026-10-04 23:01yes216 s
Direct recommendationMuse Glimmer 30Bmeta/muse-glimmer-30b via togetherai2026-10-04 23:12yes2126 s
ParaphraseClaude Haiku 4.5claude-haiku-4-5-202510012026-10-04 22:32yes96 s
ParaphraseGPT-5.4 minigpt-5.4-mini-2026-03-172026-10-04 22:37yes55 s
ParaphraseGemini 3.5 Flashgemini-3.5-flash2026-10-04 23:25yes1420 s
ParaphrasePerplexity Sonarsonar2026-10-04 22:24yes203 s
ParaphraseGrok 4.1 Fastspacexai/grok-4.1-fast-non-reasoning via vertex2026-10-04 23:10yes199 s
ParaphraseMistral Smallmistral/mistral-small via mistral2026-10-04 22:52yes55 s
ParaphraseDeepSeek V4 Flashdeepseek/deepseek-v4-flash via deepinfra2026-10-04 23:18yes2234 s
ParaphraseLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-10-04 23:21yes52 s
ParaphraseQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-10-04 22:24yes935 s
ParaphraseKimi K2moonshotai/kimi-k2 via novita2026-10-04 23:02yes1830 s
ParaphraseGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-10-04 22:55yes1760 s
ParaphraseMiniMax M2.5minimax/minimax-m2.5 via minimax2026-10-04 23:23yes1649 s
ParaphraseGPT-6 Lunagpt-6-luna2026-10-04 23:04yes216 s
ParaphraseMuse Glimmer 30Bmeta/muse-glimmer-30b via togetherai2026-10-04 22:38yes2025 s
ComparativeClaude Haiku 4.5claude-haiku-4-5-202510012026-10-04 23:23yes99 s
ComparativeGPT-5.4 minigpt-5.4-mini-2026-03-172026-10-04 23:19yes612 s
ComparativeGemini 3.5 Flashgemini-3.5-flash2026-10-04 22:19yes1530 s
ComparativePerplexity Sonarsonar2026-10-04 22:52yes134 s
ComparativeGrok 4.1 Fastspacexai/grok-4.1-fast-non-reasoning via vertex2026-10-04 23:11yes1810 s
ComparativeMistral Smallmistral/mistral-small via mistral2026-10-04 22:25yes98 s
ComparativeDeepSeek V4 Flashdeepseek/deepseek-v4-flash via deepinfra2026-10-04 22:43yes2238 s
ComparativeLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-10-04 22:17yes51 s
ComparativeQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-10-04 23:15yes930 s
ComparativeKimi K2moonshotai/kimi-k2 via novita2026-10-04 22:31yes2130 s
ComparativeGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-10-04 23:09yes19188 s
ComparativeMiniMax M2.5minimax/minimax-m2.5 via minimax2026-10-04 22:48yes1627 s
ComparativeGPT-6 Lunagpt-6-luna2026-10-04 22:13yes420 s
ComparativeMuse Glimmer 30Bmeta/muse-glimmer-30b via togetherai2026-10-04 22:37yes2334 s
Budget constrainedClaude Haiku 4.5claude-haiku-4-5-202510012026-10-04 22:15yes97 s
Budget constrainedGPT-5.4 minigpt-5.4-mini-2026-03-172026-10-04 23:19yes64 s
Budget constrainedGemini 3.5 Flashgemini-3.5-flash2026-10-04 22:14yes1927 s
Budget constrainedPerplexity Sonarsonar2026-10-04 22:47yes183 s
Budget constrainedGrok 4.1 Fastspacexai/grok-4.1-fast-non-reasoning via vertex2026-10-04 22:54yes229 s
Budget constrainedMistral Smallmistral/mistral-small via mistral2026-10-04 22:15yes53 s
Budget constrainedDeepSeek V4 Flashdeepseek/deepseek-v4-flash via deepinfra2026-10-04 23:26yes2333 s
Budget constrainedLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-10-04 22:17yes52 s
Budget constrainedQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-10-04 23:15yes728 s
Budget constrainedKimi K2moonshotai/kimi-k2 via novita2026-10-04 23:05yes1717 s
Budget constrainedGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-10-04 22:35yes2430 s
Budget constrainedMiniMax M2.5minimax/minimax-m2.5 via minimax2026-10-04 22:40yes1721 s
Budget constrainedGPT-6 Lunagpt-6-luna2026-10-04 22:20yes318 s
Budget constrainedMuse Glimmer 30Bmeta/muse-glimmer-30b via togetherai2026-10-04 23:08yes2126 s
Scale constrainedClaude Haiku 4.5claude-haiku-4-5-202510012026-10-04 22:29no07 s
Scale constrainedGPT-5.4 minigpt-5.4-mini-2026-03-172026-10-04 23:20no09 s
Scale constrainedGemini 3.5 Flashgemini-3.5-flash2026-10-04 22:41yes1124 s
Scale constrainedPerplexity Sonarsonar2026-10-04 22:44yes185 s
Scale constrainedGrok 4.1 Fastspacexai/grok-4.1-fast-non-reasoning via vertex2026-10-04 22:13yes129 s
Scale constrainedMistral Smallmistral/mistral-small via mistral2026-10-04 23:03no08 s
Scale constrainedDeepSeek V4 Flashdeepseek/deepseek-v4-flash via deepinfra2026-10-04 23:11yes2038 s
Scale constrainedLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-10-04 22:30yes53 s
Scale constrainedQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-10-04 22:30no028 s
Scale constrainedKimi K2moonshotai/kimi-k2 via novita2026-10-04 22:44yes1653 s
Scale constrainedGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-10-04 22:47yes16111 s
Scale constrainedMiniMax M2.5minimax/minimax-m2.5 via minimax2026-10-04 22:15yes1231 s
Scale constrainedGPT-6 Lunagpt-6-luna2026-10-04 23:10yes324 s
Scale constrainedMuse Glimmer 30Bmeta/muse-glimmer-30b via togetherai2026-10-04 23:15no04 s
Negative framingClaude Haiku 4.5claude-haiku-4-5-202510012026-10-04 22:42yes189 s
Negative framingGPT-5.4 minigpt-5.4-mini-2026-03-172026-10-04 22:46yes57 s
Negative framingGemini 3.5 Flashgemini-3.5-flash2026-10-04 22:20yes2732 s
Negative framingPerplexity Sonarsonar2026-10-04 23:14yes194 s
Negative framingGrok 4.1 Fastspacexai/grok-4.1-fast-non-reasoning via vertex2026-10-04 22:45yes2111 s
Negative framingMistral Smallmistral/mistral-small via mistral2026-10-04 23:15yes53 s
Negative framingDeepSeek V4 Flashdeepseek/deepseek-v4-flash via deepinfra2026-10-04 23:09yes2446 s
Negative framingLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-10-04 22:15yes52 s
Negative framingQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-10-04 22:54yes824 s
Negative framingKimi K2moonshotai/kimi-k2 via novita2026-10-04 22:58yes2327 s
Negative framingGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-10-04 22:38yes2551 s
Negative framingMiniMax M2.5minimax/minimax-m2.5 via minimax2026-10-04 22:40yes2426 s
Negative framingGPT-6 Lunagpt-6-luna2026-10-04 23:22yes320 s
Negative framingMuse Glimmer 30Bmeta/muse-glimmer-30b via togetherai2026-10-04 23:06yes2526 s

Normalization in this category

Every judgment call made between the raw labels and the numbers above, listed so it is visible and reversible.

ShowHide
Category-scoped readings
TRES (Fireblocks) read as TRES Finance
Unresolved, counted raw
Coinbooks
CoinsPaid
Crypto.com Tax
Divly
Gilded
KryptoTax
Ledger Analytics
Masset
QuickBooks Crypto
Rotki
Serenity
TokenMetrics
WhaleBooks
Discontinued, still offered
No shut-down product was recommended here.
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