---
title: Streamline your Solana financial reporting with Cryptio’s accounting solution & audit-ready data
description: Cryptio has built proprietary indexers for the Solana ecosystem, allowing Solana-based businesses and projects to complete accounting, financial reporting, and audit preparation to the high standard required by auditors and regulators.
image: https://blog.cryptio.co/hubfs/Solana%20Integration%20(PT-50)%20(1).png
---

[![Cryptio logo](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/logo-black.svg "Cryptio logo")](https://cryptio.co/)

- Solutions
  
  
  
  ![accounting-firms-green-bordered.b2040145-3](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-3.svg)
  
  
  
  ##### [Accounting and Tax](https://cryptio.co/solutions/accounting-tax)
  
  [Automate GAAP & IFRS compliant reporting](https://cryptio.co/solutions/accounting-tax)
  
  
  
  
  
  ![internal-controls-green-bordered.eaefa46d-1](https://blog.cryptio.co/hubfs/internal-controls-green-bordered.eaefa46d-1.svg)
  
  
  
  ##### [Internal controls](https://cryptio.co/solutions/internal-controls)
  
  [Ensure completeness and accuracy of crypto data to an auditable standard](https://cryptio.co/solutions/internal-controls)
  
  
  
  
  
  ![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg)
  
  
  
  ##### [Reconciliation](https://cryptio.co/solutions/reconciliation)
  
  [Reconcile crypto balances and transactions with internal systems](https://cryptio.co/solutions/reconciliation)
  
  
  
  
  
  
  
  [![build-vs-buy-guide.64b11d10-1](https://blog.cryptio.co/hubfs/build-vs-buy-guide.64b11d10-1.svg)](https://landing.cryptio.co/build_vs_buy)
  
  ##### [Build your back-office](https://landing.cryptio.co/build_vs_buy)
  
  Learn why leading enterprises choose to buy   
  rather than build their own back-office solutions
  
  [Download guide](https://landing.cryptio.co/build_vs_buy)
- Use cases
  
  
  
    - <https://cryptio.co/use-cases/banks> **![banks-exchanges-green-bordered.349e49cf-1](https://blog.cryptio.co/hubfs/banks-exchanges-green-bordered.349e49cf-1.svg)**
      
      ###### Banks
      
      Enterprise back-office with internal controls to ensure accurate reporting
    - <https://cryptio.co/use-cases/exchanges-brokers> **![Nav bar icons_CeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_CeFi.svg)**
      
      ###### Exchanges & Brokers
      
      Get audit-ready and reconcile on-chain activities with internal systems
    - <https://cryptio.co/use-cases/stablecoins> **![Nav bar icons_Stablecoins](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Stablecoins.svg)**
      
      ###### Stablecoins
      
      Auditable on-chain tracking for institutional grade reporting
    - <https://cryptio.co/use-cases/wallet> **![Nav bar icons_Wallet](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Wallet.svg)**
      
      ###### Wallets
      
      Track and report on cross-chain revenue and expenses
    - <https://cryptio.co/use-cases/defi-enterprise> **![Nav bar icons_DeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_DeFi.svg)**
      
      ###### DeFi Enterprise
      
      Transform on-chain DeFi activity into auditable financial statements
    - <https://cryptio.co/use-cases/on-off-ramps> **![Nav bar icons_On & Off Ramp](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_On%20%26%20Off%20Ramp.svg)**
      
      ###### On & Off Ramps
      
      Reconcile crypto order fulfillment for auditable financial statements
    - <https://cryptio.co/use-cases/storage-providers> **![Nav bar icons_Storage Provider](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Storage%20Provider.svg)**
      
      ###### Storage Providers
      
      Automated accounting for storage provision revenue and expenses
    - <https://cryptio.co/use-cases/bitcoin-miners> **![Nav bar icons_Miners](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Miners.svg)**
      
      ###### Miners
      
      GAAP and IFRS-grade financial reporting including impairments
    - <https://cryptio.co/use-cases/exchange-traded-crypto> **![Nav bar icons_Exchanges](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Exchanges.svg)**
      
      ###### Exchange Traded Crypto
      
      Auditable accounting and NAV reporting for on-chain activities
    - <https://cryptio.co/use-cases/nft-marketplaces> **![Nav bar icons_NFT_marketplaces](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_marketplaces.svg)**
      
      ###### NFT Marketplaces
      
      Transform on-chain NFT activities into auditable financial statements
    - <https://cryptio.co/use-cases/nft-enterprises> **![Nav bar icons_NFT_Enterprises](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_Enterprises.svg)**
      
      ###### Enterprise NFTs
      
      Auditable revenue reporting for branded NFT activities inc. royalties
    - <https://cryptio.co/use-cases/gaming> **![Nav bar icons_Videogame](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Videogame.svg)**
      
      ###### Gaming
      
      Transform on-chain activities into auditable financial statements
    - <https://cryptio.co/use-cases/public-sectors> **![public-sectors-green-bordered.b77716e2](https://blog.cryptio.co/hubfs/public-sectors-green-bordered.b77716e2.svg)**
      
      ###### Public Sectors
      
      Verify financial statements and tax filing accuracy for digital asset
    - <https://cryptio.co/use-cases/blockchain-foundations> **![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg)**
      
      ###### Blockchain Foundations
      
      Help your ecosystem meet its accounting and reporting requirements
    - <https://cryptio.co/partners> **![accounting-firms-green-bordered.b2040145-2](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-2.svg)**
      
      ###### Accounting Firms
      
      Join 50+ world-class accounting, audit, tax, and advisory firms
- [Partners](https://cryptio.co/partners)
- Learn
  
  
  
  ##### [Blog](https://blog.cryptio.co/)
  
  [Company news, product updates, guides, and industry insights](https://blog.cryptio.co/)
  
  
  
  
  
  ##### [Courses](https://cryptio.co/learn)
  
  [Everything you've ever wanted to know about crypto accounting](https://cryptio.co/learn)
  
  
  
  
  
  
  
  [![stablecoin-reporting-nav.d2d366b0](https://blog.cryptio.co/hubfs/stablecoin-reporting-nav.d2d366b0.svg)](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  ##### [Stablecoin Reporting](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  Best practices for stablecoin accounting & reporting
  
  [Download guide](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  
  
  [![fair-market-value-accounting-nav.2bb55e56](https://blog.cryptio.co/hubfs/fair-market-value-accounting-nav.2bb55e56.svg)](https://landing.cryptio.co/fmv-accounting-guide)
  
  ##### [Fair Market Value Accounting](https://landing.cryptio.co/fmv-accounting-guide)
  
  Transition to the newFASB FMV rules
  
  [Download guide](https://landing.cryptio.co/fmv-accounting-guide)
  
  
  
  [![month-end-reconciliation-nav.9eb360bc](https://blog.cryptio.co/hubfs/month-end-reconciliation-nav.9eb360bc.svg)](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  ##### [Month-end reconciliation](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  Best practices for your month-end processes
  
  [Download guide](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  
  
  [![how-to-get-audit-ready-nav.a0fbb70b](https://blog.cryptio.co/hubfs/how-to-get-audit-ready-nav.a0fbb70b.svg)](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  ##### [Get audit-ready](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  Completeness & accuracyfor on-chain businesses.
  
  [Download guide](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  
  
  [![build-your-back-office-nav.7bffac50](https://blog.cryptio.co/hubfs/build-your-back-office-nav.7bffac50.svg)](https://landing.cryptio.co/guides/back-office-playbook)
  
  ##### [Build your back-office](https://landing.cryptio.co/guides/back-office-playbook)
  
  Accounting & reportingfor crypto-native businesses
  
  [Download guide](https://landing.cryptio.co/guides/back-office-playbook)
- [Pricing](https://cryptio.co/pricing)
- [Careers](https://cryptio.co/careers)

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[![Book a demo](https://no-cache.hubspot.com/cta/default/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c)

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## Menu

- Solutions
  
  
  
  ![accounting-firms-green-bordered.b2040145-3](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-3.svg)
  
  
  
  ##### [Accounting and Tax](https://cryptio.co/solutions/accounting-tax)
  
  [Automate GAAP & IFRS compliant reporting](https://cryptio.co/solutions/accounting-tax)
  
  
  
  
  
  ![internal-controls-green-bordered.eaefa46d-1](https://blog.cryptio.co/hubfs/internal-controls-green-bordered.eaefa46d-1.svg)
  
  
  
  ##### [Internal controls](https://cryptio.co/solutions/internal-controls)
  
  [Ensure completeness and accuracy of crypto data to an auditable standard](https://cryptio.co/solutions/internal-controls)
  
  
  
  
  
  ![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg)
  
  
  
  ##### [Reconciliation](https://cryptio.co/solutions/reconciliation)
  
  [Reconcile crypto balances and transactions with internal systems](https://cryptio.co/solutions/reconciliation)
  
  
  
  
  
  
  
  [![build-vs-buy-guide.64b11d10-1](https://blog.cryptio.co/hubfs/build-vs-buy-guide.64b11d10-1.svg)](https://landing.cryptio.co/build_vs_buy)
  
  ##### [Build your back-office](https://landing.cryptio.co/build_vs_buy)
  
  Learn why leading enterprises choose to buy   
  rather than build their own back-office solutions
  
  [Download guide](https://landing.cryptio.co/build_vs_buy)
- Use cases
  
  
  
    - <https://cryptio.co/use-cases/banks> **![banks-exchanges-green-bordered.349e49cf-1](https://blog.cryptio.co/hubfs/banks-exchanges-green-bordered.349e49cf-1.svg)**
      
      ###### Banks
      
      Enterprise back-office with internal controls to ensure accurate reporting
    - <https://cryptio.co/use-cases/exchanges-brokers> **![Nav bar icons_CeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_CeFi.svg)**
      
      ###### Exchanges & Brokers
      
      Get audit-ready and reconcile on-chain activities with internal systems
    - <https://cryptio.co/use-cases/stablecoins> **![Nav bar icons_Stablecoins](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Stablecoins.svg)**
      
      ###### Stablecoins
      
      Auditable on-chain tracking for institutional grade reporting
    - <https://cryptio.co/use-cases/wallet> **![Nav bar icons_Wallet](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Wallet.svg)**
      
      ###### Wallets
      
      Track and report on cross-chain revenue and expenses
    - <https://cryptio.co/use-cases/defi-enterprise> **![Nav bar icons_DeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_DeFi.svg)**
      
      ###### DeFi Enterprise
      
      Transform on-chain DeFi activity into auditable financial statements
    - <https://cryptio.co/use-cases/on-off-ramps> **![Nav bar icons_On & Off Ramp](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_On%20%26%20Off%20Ramp.svg)**
      
      ###### On & Off Ramps
      
      Reconcile crypto order fulfillment for auditable financial statements
    - <https://cryptio.co/use-cases/storage-providers> **![Nav bar icons_Storage Provider](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Storage%20Provider.svg)**
      
      ###### Storage Providers
      
      Automated accounting for storage provision revenue and expenses
    - <https://cryptio.co/use-cases/bitcoin-miners> **![Nav bar icons_Miners](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Miners.svg)**
      
      ###### Miners
      
      GAAP and IFRS-grade financial reporting including impairments
    - <https://cryptio.co/use-cases/exchange-traded-crypto> **![Nav bar icons_Exchanges](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Exchanges.svg)**
      
      ###### Exchange Traded Crypto
      
      Auditable accounting and NAV reporting for on-chain activities
    - <https://cryptio.co/use-cases/nft-marketplaces> **![Nav bar icons_NFT_marketplaces](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_marketplaces.svg)**
      
      ###### NFT Marketplaces
      
      Transform on-chain NFT activities into auditable financial statements
    - <https://cryptio.co/use-cases/nft-enterprises> **![Nav bar icons_NFT_Enterprises](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_Enterprises.svg)**
      
      ###### Enterprise NFTs
      
      Auditable revenue reporting for branded NFT activities inc. royalties
    - <https://cryptio.co/use-cases/gaming> **![Nav bar icons_Videogame](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Videogame.svg)**
      
      ###### Gaming
      
      Transform on-chain activities into auditable financial statements
    - <https://cryptio.co/use-cases/public-sectors> **![public-sectors-green-bordered.b77716e2](https://blog.cryptio.co/hubfs/public-sectors-green-bordered.b77716e2.svg)**
      
      ###### Public Sectors
      
      Verify financial statements and tax filing accuracy for digital asset
    - <https://cryptio.co/use-cases/blockchain-foundations> **![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg)**
      
      ###### Blockchain Foundations
      
      Help your ecosystem meet its accounting and reporting requirements
    - <https://cryptio.co/partners> **![accounting-firms-green-bordered.b2040145-2](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-2.svg)**
      
      ###### Accounting Firms
      
      Join 50+ world-class accounting, audit, tax, and advisory firms
- [Partners](https://cryptio.co/partners)
- Learn
  
  
  
  ##### [Blog](https://blog.cryptio.co/)
  
  [Company news, product updates, guides, and industry insights](https://blog.cryptio.co/)
  
  
  
  
  
  ##### [Courses](https://cryptio.co/learn)
  
  [Everything you've ever wanted to know about crypto accounting](https://cryptio.co/learn)
  
  
  
  
  
  
  
  [![stablecoin-reporting-nav.d2d366b0](https://blog.cryptio.co/hubfs/stablecoin-reporting-nav.d2d366b0.svg)](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  ##### [Stablecoin Reporting](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  Best practices for stablecoin accounting & reporting
  
  [Download guide](https://landing.cryptio.co/stablecoin-accounting-guide)
  
  
  
  [![fair-market-value-accounting-nav.2bb55e56](https://blog.cryptio.co/hubfs/fair-market-value-accounting-nav.2bb55e56.svg)](https://landing.cryptio.co/fmv-accounting-guide)
  
  ##### [Fair Market Value Accounting](https://landing.cryptio.co/fmv-accounting-guide)
  
  Transition to the newFASB FMV rules
  
  [Download guide](https://landing.cryptio.co/fmv-accounting-guide)
  
  
  
  [![month-end-reconciliation-nav.9eb360bc](https://blog.cryptio.co/hubfs/month-end-reconciliation-nav.9eb360bc.svg)](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  ##### [Month-end reconciliation](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  Best practices for your month-end processes
  
  [Download guide](https://landing.cryptio.co/guides/end-of-month-reconciliation)
  
  
  
  [![how-to-get-audit-ready-nav.a0fbb70b](https://blog.cryptio.co/hubfs/how-to-get-audit-ready-nav.a0fbb70b.svg)](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  ##### [Get audit-ready](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  Completeness & accuracyfor on-chain businesses.
  
  [Download guide](https://landing.cryptio.co/guides/how-to-get-audit-ready)
  
  
  
  [![build-your-back-office-nav.7bffac50](https://blog.cryptio.co/hubfs/build-your-back-office-nav.7bffac50.svg)](https://landing.cryptio.co/guides/back-office-playbook)
  
  ##### [Build your back-office](https://landing.cryptio.co/guides/back-office-playbook)
  
  Accounting & reportingfor crypto-native businesses
  
  [Download guide](https://landing.cryptio.co/guides/back-office-playbook)
- [Pricing](https://cryptio.co/pricing)
- [Careers](https://cryptio.co/careers)

[![Sign in](https://no-cache.hubspot.com/cta/default/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425)

[![Book a demo](https://no-cache.hubspot.com/cta/default/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c)

- ![LinkedIn](https://blog.cryptio.co/hubfs/LinkedIn.svg)
- ![Twitter](https://blog.cryptio.co/hubfs/Twitter.svg)

![](https://blog.cryptio.co/hubfs/Solana%20Integration%20(PT-50)%20(1).png)

**[Tremaine Hudson](https://blog.cryptio.co/author/tremaine-hudson) |** October 5, 2023

- [Product News](https://blog.cryptio.co/tag/product-news)

## Streamline your Solana financial reporting with Cryptio’s accounting solution & audit-ready data

## Streamline your Solana financial reporting with Cryptio’s accounting solution & audit-ready data

Cryptio has built proprietary indexers for the Solana ecosystem, allowing Solana-based businesses and projects to complete accounting, financial reporting, and audit preparation to the high standard required by auditors and regulators.

 

Solana is one of the leading L1s with many Web3 businesses and projects choosing to build on the network due to its high transaction throughput and scalability at low cost. The recent news that Visa has chosen Solana to enhance its USDC stablecoin settlement pilot will likely only increase its popularity. However, until now, accounting and reporting for Solana-based transactions has been a challenge for enterprises and businesses.

### The problem with retrieving accurate and auditable on-chain data

Accountants, bookkeepers and auditors often use block explorers like Solscan to track on-chain transactions. This results in a huge number of missing transactions including internal transfers and rent fees, as public data is not a reliable source of truth for accounting and tax purposes. The completeness and accuracy of such block explorers can vary greatly, as they were not built for enterprise-grade accounting, which is unacceptable in accounting and financial reporting.

To combat this issue for the Solana ecosystem, Cryptio has indexed the chain fully to enable Solana-based businesses and projects to easily access accurate and complete transaction data.

**With a powerful in-app reporting suite and audit preparation features, businesses building in the Solana ecosystem can rely on Cryptio for their accounting, audit and tax needs.**

### **Accurate and auditable transaction histories for Solana**

Cryptio’s integration with Solana is unique in the industry. **We are the only back-office solution that has fully indexed the Solana blockchain.** **This means businesses and projects with financial activity on the Solana network finally have access to accurate and complete transaction histories.**

**Accountants, bookkeepers and auditors using Cryptio to reconcile transactions on the Solana network benefit from the following:**

- Track on-chain activity on Solana blockchain (and 40+ chains like Bitcoin, Ethereum, and Polygon).
- Streamline revenue and expense reporting.
- Automate cost basis and G&L computations.
- Complete GAAP- and IRFS-compliant reporting for accounting, audit, and tax.
- Ensure data completeness and accuracy with balance and price discrepancy checks.
- Guarantee wallets have been imported correctly with our wallet completeness checks.
- Ensure audit readiness with features like our automatic counterparty identification.
- Run impairment testing and apply impairments for assets on Solana blockchain.

![Screenshot 2023-09-28 at 16.37.58](https://blog.cryptio.co/hs-fs/hubfs/Screenshot%202023-09-28%20at%2016.37.58.png?width=1293&height=749&name=Screenshot%202023-09-28%20at%2016.37.58.png)

However, indexing the Solana chain was not easy and totally different to EVM chains, let’s explore how Cryptio overcame this challenge.

### How Cryptio solved accounting for transactions on the Solana network

Unlike other accounting and reporting software, **Cryptio does not use block explorers or third-party data indexing companies to retrieve on-chain transaction data.** Using either of these options often results in incomplete and inaccurate transaction histories (read our [Counting Crypto series](https://blog.cryptio.co/counting-crypto-the-unique-challenge-of-retrieving-auditable-transaction-histories-from-chains) for more information).

The key to getting complete and accurate transaction histories is indexing. However, indexing the chain is fraught with difficulties - meaning that other accounting solutions have not successfully indexed the chain. **Cryptio is the only back-office solution that has independently indexed Solana.**

There are 4 key challenges to indexing the Solana blockchain:

1. **Lengthy study of the blockchain required:** Formatting of block information on Solana differs a lot from other chains, especially EVM chains. This means we had to study how Solana transactions were recorded and represented at the block level to understand which information was needed for accounting and reporting purposes.
2. **Collection of correct financial data:** Solana’s unique blockchain structure means that it is difficult to collect the correct financial data and distinguish it from irrelevant information. We had to build a custom data retrieval method that extracts only relevant accounting information.
3. **Complete transaction histories:** on Solana, you cannot see complete transaction histories for all the addresses associated with a master address. This meant that Cryptio had to build proprietary logic to collect complete transaction histories for all the addresses.
4. **Hardware and data storage:** Cryptio had to index 215 million blocks and 215 billion transactions, requiring huge amounts of data storage. This means we have had to invest in extensive hardware to store the data our clients need.

### Indexing is the key to getting accurate and auditable on-chain data

**Cryptio has purpose-built indexers for Solana and is the only independent source for transactions on the chain.** Our approach to getting accurate and auditable data can be broken down into 4 steps:

1. **Retrieval of raw blockchain data:** we run nodes on our integrated chains, which now include Solana, to retrieve complete transaction histories.
2. **Filtering of relevant information:** our purpose-built indexers filter all the raw on-chain data for the relevant accounting and financial reporting information.
3. **Transfer of relevant information to our platform:** where our users can generate reports for accounting, tax, and audit preparation.
4. **Integrations with ERP accounting systems:** our users can push all transactions to their general ledger (NetSuite, Sage, Xero, QuickBooks Online) to give them one ledger of truth.

**Cryptio’s platform capabilities and [Audit Readiness Module](https://blog.cryptio.co/proof-of-completeness-cryptio-data-integrity-module-for-financial-audits) provide the accuracy, completeness, and auditability required by accountants, bookkeepers, and auditors to perform their job effectively.**

**![Screenshot 2023-09-28 at 16.38.10](https://blog.cryptio.co/hs-fs/hubfs/Screenshot%202023-09-28%20at%2016.38.10.png?width=1287&height=739&name=Screenshot%202023-09-28%20at%2016.38.10.png)**

### **Providing robust infrastructure for the future of Web3**

Solana provides the infrastructure for Web3 businesses and projects looking for a hyper-fast decentralized network. **By building the missing financial data infrastructure, Cryptio enables these businesses and projects to complete their accounting and financial reporting to an auditable standard.**

> “Solana is a very popular chain for businesses however the infrastructure for accounting and financial reporting has - up until now - not been good enough. Cryptio’s purpose-built indexers ensure that all businesses and institutions operating on Solana can automatically import accurate and complete transaction histories for their accounting and financial reporting.”

[Lucas Santoni, Chief Technology Officer at Cryptio](https://www.linkedin.com/in/lucas1337/)

### Revolutionize your Solana financial reporting with Cryptio

Cryptio has dedicated extensive time and resources to building our indexers for Solana. However, we are committed to enabling enterprises and institutions to complete accounting and financial reporting to an auditable standard for the entire crypto industry.

**Need an accounting and reporting solution for Solana? [Book a demo with us.](https://cryptio.co/demo?hsCtaTracking=7f093aaf-1bd4-4545-97c6-c5ac040f256c%7C39ebcec1-f4c4-4dc5-b204-a3a0190329ac)**

#### Table of contents

- [The problem with retrieving accurate and auditable on-chain data](https://blog.cryptio.co/streamline-your-solana-financial-reporting-with-cryptios-accounting-solution-audit-ready-data#anchor-1)
- [Accurate and auditable transaction histories for Solana](https://blog.cryptio.co/streamline-your-solana-financial-reporting-with-cryptios-accounting-solution-audit-ready-data#anchor-2)
- [How Cryptio solved accounting for transactions on the Solana network](https://blog.cryptio.co/streamline-your-solana-financial-reporting-with-cryptios-accounting-solution-audit-ready-data#anchor-3)
- [Indexing is the key to getting accurate and auditable on-chain data](https://blog.cryptio.co/streamline-your-solana-financial-reporting-with-cryptios-accounting-solution-audit-ready-data#anchor-4)
- [Providing robust infrastructure for the future of Web3](https://blog.cryptio.co/streamline-your-solana-financial-reporting-with-cryptios-accounting-solution-audit-ready-data#anchor-5)
- [Revolutionize your Solana financial reporting with Cryptio](https://blog.cryptio.co/streamline-your-solana-financial-reporting-with-cryptios-accounting-solution-audit-ready-data#anchor-6)

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