Ben I've heard you say you accept fiat because you have fiat bills you need to pay.
nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgdwaehxw309ahx7uewd3hkcqpqex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jqjrm2qp just released the billpay feature for business accounts. You should check that out. Seems like it might solve your issue.
It's also because I have to manually input every Bitcoin order because of liquor laws complexity.
It'll be years before going Bitcoin only makes since and it comes with orange pilling an establishment business
There are ways to keep accounting on BTCPay. By "Manually input every Bitcoin order" is that in something separate to your POS? If not, I could help you set up a payment workflow that accounts every sale in BTC. And if you add the Strike Business API, you can billpay without ever touching dollars. Lemme know.
It's for liquor licensing and taxes in all 50 states
No took fixes this except one built specifically for my use case and that tool is more focused on alcohol compliance than bitcoin
Gotcha, I just have to believe the tool is either in existence or craftable. I bet there's some annoying cost basis field that needs adjustment. Ontop of that each state tax is dollar denominated. I don't envy white-market businesses.
Okay cool you got the tax software, but do you have 50 liquor licenses for me to draft off of
Oh, believe me I see the predicament. Do you have reciprocal licenses already or is it specific compliance documents needed by each state? As far as I am aware, proof of licensure is all that is needed for sale and distribution, maybe I am missing what, outside of collecting the accurate tax, is necessary for ducumentation.
I wish we were free so you didnt have to worry about such garbage. So much energy is spent on fucking compliance.
Would love to solve this regulatory complexity one day for merchants in your business…
