NMLS reporting, audit prep, and books built for examination—handled by accountants who have sat across the table from state regulators and know exactly what they’re looking for.
Your NMLS annual report is tied directly to your financials. Net worth calculations, permissible investment schedules, state-specific formats that differ more than they should. We prepare and reconcile everything the submission requires, on time, every renewal cycle. Your filing window doesn't move, and neither do we.
State examiners don't announce much in advance. We keep your books organized, documented, and structured year-round so that when an examiner asks for two years of transaction records by 9am Monday, the answer is yes. Books built for examination get examinations closed faster.
Commingling customer funds with operating funds is one of the most serious findings a state examiner can issue. We build the accounting infrastructure that keeps customer assets properly segregated and documented at all times, not just in the week before an examination. There's a difference, and regulators can see it.
Your MSB holds customer balances in motion at any given moment. Fiat awaiting conversion, digital assets pending settlement, positions sitting across multiple wallets simultaneously. We reconcile those balances accurately, maintain proper liability classification on your balance sheet, and keep the documentation trail your examiners will ask for.
Everything else depends on accurate books. We handle day-to-day reconciliation, categorization, and reporting for your MSB, whether you're operating in one state or twelve. Monthly closes, clean financials, nothing that surprises you at renewal time.
Licensed MSBs have tax considerations that generalist firms miss. We handle federal and state compliance and plan proactively around your structure, whether you're an S-Corp, LLC, or a multi-entity operator with activity across jurisdictions. Tax issues that surface at filing time are problems that started much earlier.
The accounting requirements for a licensed money transmitter aren’t in a textbook. They come from years of working through NMLS submissions that got kicked back and sitting across the table from examiners who can tell within ten minutes whether your accountant actually knows crypto.
If you’re operating under an MTL or FinCEN MSB registration and your current accountant makes you repeat yourself every renewal cycle, it’s time to make a change.
State-licensed crypto money transmitters managing MTL portfolios across multiple jurisdictions
Crypto on-ramp and off-ramp businesses with FinCEN MSB registration and state licensing obligations
Traditional remittance companies and currency exchanges navigating the same licensing landscape
Crypto payment processors operating under an MTL who need books built for regulatory scrutiny
Startups preparing for their first state license application, building financial infrastructure from scratch
Established operators switching from a generalist firm that could not keep up with crypto-specific requirements
Still have questions? Contact our Customer support.
