Help · Treatment & posting
Your treatment policy
Books basis, classification, fees, settlement differences and price timing: set once, versioned, and chosen by your accountant.
Updated
How a stablecoin receipt is recorded is an accounting decision, and the guidance is not settled for every case. Gladpaid does not pick a default for you. It presents the options with their citations, records the choice your accountant makes, and applies it consistently to every transfer.
The five questions
- 01
Books basis
GAAP accrual, cash basis or tax basis. Many small businesses are not on GAAP, so this comes first and shapes the rest.
- 02
Classification
How the stablecoins held are classified. Each option is shown with what it means, the entries it produces, its citation, and whether the guidance is settled or unsettled.
- 03
Fees
Which accounts network and exchange fees post to, and whether they are netted.
- 04
Settlement differences
Which account takes short payments, rounding and small depeg differences, and the materiality threshold.
- 05
Price timing
Block timestamp by default, or day close as a documented election.
The classification options presented
| Option | Where it comes from |
|---|---|
| Financial asset (a receivable, at amortised cost or fair value) | AICPA practice aid Q&A 23; KPMG Handbook Q 8.4.10 |
| Indefinite-lived intangible at cost less impairment | ASC 350-30 |
| Crypto intangible at fair value, where in scope | ASC 350-60 (ASU 2023-08) |
| Cash equivalent, only as a recorded election with supporting facts such as a direct issuer redemption right | ASC 230-10-45-6; FASB proposed ASU, August 2026 (not final) |
The background, with sources, is in Is USDC cash? What the standards say.
What waits for the policy
Matching and the diagnostic run without a policy. Posting waits until one is set, because the entries depend on it. If your accountant is not in the room, send them the choice (see Ask your accountant).
Versions
Every policy is versioned, with who chose it and when. If the guidance changes, for example when FASB finalises its stablecoin proposal, Gladpaid publishes a new policy version. You see what changed and choose whether to adopt it from a future period. Closed periods are never restated automatically.
Related
- Ask your accountantInvite your accountant as a free, read-only reviewer to choose the treatment policy and sign off closes.
- Account mappingChoose or create the ledger accounts Gladpaid posts to: wallet, fees, gain or loss, suspense and customer overpayments.
- How receipts are valued, and depeg flagsEvery transfer gets a US dollar value at the block time, with its evidence. A price more than 0.5% from par raises a flag.
- Short payments and over-paymentsHow Gladpaid handles a receipt that is a little under or over the invoice, using the tolerance and accounts in your policy.
Did this not answer it? Write to support@gladpaid.com with the business name and the item. Please never include a recovery phrase or private key; we will never ask for one.