Transaction Label "Fee"

The Transaction Label Fee is used to include outgoing assets as a separate fee payment or expense in your integrations.

> Basics on Labeling and Merging of Transactions

 

How do I create a Fee transaction?

  1. Open your Blockpit Account and click on the top menu item Add.
  2. Now select Add Transaction.
  3. Enter the Date and Time of the transaction.

    In case of a manually created transaction directly in the WebApp, use your local time.
    If the transaction is imported via CSV/Excel, use the standard exchange time UTC.

  4. Now select the Transaction Label Fee.

    Transaction Label Fee.png

  5. Now enter the Integration, Asset and Amount.

    Tip: In the input fields for assets, you can enter the short name (BTC) or long name (Bitcoin) as a search term to narrow down the search of the displayed list. If your asset is not selectable, you can get more information here.

  6. Finally, click Create to complete the process and display the transaction in the Integration.

If a Fee is created as a manual transaction in a Manual Integration, it will have a direct impact on the displayed asset balance of your integration.

If a Fee is created as a manual transaction in an Exchange or Wallet Integration, it will not directly affect the automatically and independently imported asset balance of your integration, but it will affect the final balance of your tax report.

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