Octav x Beefy: Streamline Your Labeling With Custom Rules

When we build for partners, we build for all.

Anyone can use the Custom Rules we built for Beefy’s Treasury Management operations: automatically label treasury transactions and save your and your DAO precious time instead of doing manual work.

But how does it work?

Custom Rules let users set various rules that will automatically apply certain characteristics to their Octav transactions.

This means you can save time and let Octav label repeat transactions for you. Instead of spending your afternoons reconciliating transactions in time for tax season, you can go trade more and make bigger gains!

For example, if you regularly send assets to the same address as part of a subscription or payment, you can label all of them as “Expense”.

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Automation, As Easy As 1-2-3

Choose the address/bundle the rule will affect, then set the conditions that will trigger the rule.

In this case...

1. if the transaction goes to the “Octav Sub” wallet,
2. the category of the transaction will be set to Expense.

With this, all future transactions going to Octav Sub will do this! No need to do it yourself from now on.

Though From/To and Categories are the only things that can be added to Custom Rules for now, Octav is working to add more of them very soon.

Why not make your tax reconciliation simple with Custom Rules? Be like Beefy, and make your financial operations easy!

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Why Octav?

With accurate labeling and analysis of your DeFi portfolio, Octav is a helpful tool for CFOs, asset managers, and accountants working in various organizations such as hedge funds, family offices or financial institutions. Thanks to our thorough and accurate database, Octav makes DeFi more accessible, serving as an essential guide for understanding cost basis, profits, losses, and more.

Sign up for Octav Pro today and gain significant advantages for the day-to-day management of your crypto activities: unify all wallets you work with under one bundle to save time and let automated reports send you updates on your organization’s finances without having to analyze it yourself. Monitor your holdings on our Treasury page, and be transparent by sharing it publicly with your DAO members or the rest of your team. Whether you’re the CFO of a business, an accounting professional or a DAO treasury leader, use Octav to make DeFi management a breeze!

Are you a DAO in need of advanced treasury analytics? Octav offers demos upon request.Follow our socials for more!
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