Our Label System is built on the two Transaction Base-Types "Unlabeled Deposit" and "Unlabeled Withdrawal". The Base-Type "Unlabeled Deposit" is used to record incoming assets in your integration and should be labeled with appropriate Labels.
Unlabeled Deposits themselves do not trigger taxable gains or losses, but should be relabeled accordingly.
If a Deposit remains without Label, it will be called Unlabeled Deposit and the transaction will be rated at market value at the time of inflow without triggering taxable gains or losses.
How to label an Unlabeled Deposit?
Unlabeled Transactions are a main part of our Labeling and Tips Handling System. This aims to ensure that undefined transactions can be identified and labeled appropriately. For more information, please follow our Tips Handling and Labeling articles:
How to create an Unlabeled Deposit?
It is no longer possible to create Unlabeled Deposits without a preselected Label. Only via Exchange, Wallet or CSV/XLS imported Transactions can be created without label.
If a Deposit 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 Deposit 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.
How are fees taken into consideration for Deposits?
Example: Deposit of 1 BTC with 0.0001 BTC fee.
Fees are mostly considered on the withdrawal side, but can also occur on deposits.
Fees, if paid in the incoming asset, will be considered as follows:
If fees are paid in the incoming asset:
Case1: No additional fee on the deposit side.
Incoming Amount: Net transaction amount (amount excluding fees)
Fees Amount: Enter nothing or 0
Case2: Additional fee on the deposit side.
"If the fee is paid in the incoming currency, the input must be increased by the amount of the fee. The fee will be treated as a separate outflow."
Incoming Amount: Net transaction amount (amount excluding fees) + fee amount
Fee Amount: Enter fee amount as well