110 sats \ 4 replies \ @shyfire 6 Oct 2022 \ on: Dennis from the BTCPay Server team here, AMA! bitcoin
For an existing merchant that wants to start accepting in addition to fiat, how do you deal with the accounting headache? Do you guys have any recommendations around that? It seems like a fairly large hurdle for most merchants.
We offer exports in CSV and JSON format. Those contain all the details one needs for the accounting and bookkeeping.
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OK, cool! So does that CSV also contain the fiat equivalent amount of each BTC transaction using a fiat exchange rate at the time of sale? I assume that's how you would need to manage your books (everything in fiat equivalent). Feel free to also point me to relevant docs.
For context: I want to help get merchants to start accepting BTC in my community. I heard about CoinCorner Checkout, but not sure if it's an option for meatspace merchants in the US
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The answer is yes for I've heard of a friend who accepts BTC in his restaurant. It's really conveniant for the accountants.
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Cheers!
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