How to solve particular Tips?

Select the corresponding Tip from the following list for further guidance: 

• Transactions that have not yet been labeled are displayed as "Unlabeled":
  
  
  
   
  💡 Labels are used to classify transactions.
   
  ♻ Exchange and Wallet Integrations already identify many Labels such as Trade, Transfer, Staking, Lending, Airdrop and many more fully automatically.
  In some cases, however, no unique label can be assigned to your transaction. Such transactions will be displayed as "Unlabeled Deposit" (Incoming) or "Unlabeled Withdrawal" (Outgoing) and will appear as such in your transaction list.
   
  Hint: Make use of the Filter Options Tip: Unlabeled Incoming/Outgoing for Bulk Labeling of multiple Transactions or Filter Option: Tip > Unlabeled Incoming+Outgoing (combined) for manual Merging to Trade or Transfer.
  
  ​Please also use the following additional articles as guideline for the correct Labeling or merging of Unlabeled Transactions:
  ​
  ​> Basics on Labeling and Merging of Transactions
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  ​> Automatic Merging to Label "Transfer"
  
  
  
  Common Causes & Solutions

   

  ✅ The most common causes of the "Unlabeled" Transactions are Fiat/EUR Bank Deposits/Withdrawals . These can be labeled as "Non-Taxable".
  ​
  ​> Transaction-Label "Non-Taxable"

   

  ✅ Bulk Labeling Example: Labeling of multiple Fiat/EUR Deposits (Bank) to Non-Taxable (In)
  ​

  

   

  ✅ Other common causes are not yet directly determinable reward inflows (Airdrop, Bounty, Lending, Mining, etc.), incompletely recognized Trades/Transfers, or inflows/outflows from undetermined smart contracts (fallbacks) e.g. free NFT Mints (fallback_claim). Such transactions can be relabeled via the quick menu or edited in the sidebar.
  ​

  

  
  ​✅ If your Integration is not yet supported, and you want to link/merge a Transfer to an existing integration, you can first create a Manual Integration (e.g. "IOTA Wallet Manual") and then edit the existing Unlabaled Transaction into a Transfer.
  ​
  ​> How do I create a trade or transfer if only one side of the transaction exists?
   
• The Tip "Mismatched Balance" indicates that there are differences between the balances reported by the data source and the calculated ones based on your transactions in Blockpit. This may be caused by missing or incorrect transactions received via APIs.
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  ​
  ​> What is the difference between Synced Balance and Calculated Balance?
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  ​♻ Important

  
  The Synced Balance of every automatic Exchange or Wallet Integration will always be registered/imported a bit earlier than your latest transactions. Therefore, always wait until your most recent transactions have been imported.
  ​
  ​Please also note that the Synced Balance itself can sometimes be the cause of a Mismatched Balance (E.g. Bybit Funding Account). Therefor, make sure to use the import scopes descriptions of our automatic Exchange- and Wallet Integrations as guidelines.

  ​✅ Before you fix "Mismatched Balance" Tips, you must always fix "Missing History" Tip first.

   

  Consider the following steps:

  1️⃣ Make sure you have imported all transactions from your sources (wallets, exchanges, services) across all years into Blockpit.
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  ​2️⃣ Check your transaction history (imported via API, Chain or CSV) and identify any missing transactions by comparison. You can add missing transactions manually or by migrating your CSV data into our Excel template.
  
  
  ❗ If there are any "Missing History" Tips in your transaction list, these should be fixed first.
  ​

  Hint: Always use the import scopes descriptions of our automatic Exchange- and Wallet Integrations as guidelines!
   
  3️⃣ If you could not find the cause of the Mismatched Balance you can manually add a matching transaction with the Non-Taxable label at a suitable time or let Blockpit reconcile the mismatch for you.
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  This feature can be used to reconcile either single balances or multiple balances at once.
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  ​
  We will then create Auto-Balancing deposits or withdrawals on the current day, depending on the difference
  ​
  ​> More information about the Label "Auto-Balancing"
  ​
  ​> More information about the Blockpit Dashboard in full detail
  
  
• The Tip "Missing History" indicates that assets have been withdrawn which were not present according to your transaction list and calculated balance. The cause can also always be narrowed down to the affected integration.
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  ​​
  ​In such cases, for example, a Trade or other outflow Labels reveals that the Calculated Balance of the asset in question has fallen below 0. Depending on the Transaction Label of this outflow, in the case of a sale of missing assets due to unknown acquisition costs, the full disposal value of the missing asset is imputed as a gain and thus potentially interpreted unfavorably from a tax point of view.
  
  
  Good to know

   

  Missing Histories are only displayed if the transaction value is above 1€/$ or if the transaction that is triggering the Tip can not be valued.
  ​
  To solve this Tip, you need to check if all Transactions of the affected Asset in your Integration have actually been imported correctly or if you have manual Transaction duplicates.
  ​
  Use the Ledger Mode feature to help you compare your transaction histories and balances.
  ​

  
  
  
  
  1️⃣ Examine the transaction history of your Exchange or Wallet and focus your search on the asset that triggered the Tip. Start with the oldest Tip per affected asset, as this usually triggers all other subsequent Tips.
  ​
  ​Pay attention to the Integration Type that is affected (Manual Integration, Exchange Integration, Wallet Integration) and use all available filter options in your transaction history to compare your Blockpit transactions.
  
  
  Hint: Always use the import scopes descriptions of our automatic Exchange- and Wallet Integrations as guidelines!
   

   

  2️⃣ Once you have identified missing, duplicate, or incorrect transactions, you can fix them as follows, depending on the type of integration:

  General Solution

   

  ✅ Missing transactions can be added manually.
  ✅ Duplicate transactions can be deleted or excluded manually.
  ✅ Incomplete or incorrect transactions can be edited manually.
  ​

  
  > You can add missing transactions manually or by migrating your CSV data into our Excel template.
  ​
  ​> You can also try to re-synchronize missing/incorrectly imported transactions by taking all precuationary measures into account. (Please read to avoid currupting existing transaction histories and duplicate transactions).​
  
  ​> How to report "Missing Assets" to our support-team? What evidence base does our support-team need to implement missing, duplicate, or incorrectly imported Exchange or Wallet products (transactions)
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  ​
  3️⃣ If you could not find the cause of the Missing History, you can manually add a matching transaction with the Non-Taxable label at a suitable time or let Blockpit reconcile the data for you. Based on the missing amount, we will then create an Auto-Balancing deposit just before the corresponding Tip/Transaction.
  To do this, simply click on the Tip indicator on the transaction and then Reconcile History.
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  ​
  The Auto-Balancing transaction created in this way can then be found and recalled again using the Labels: Auto-Balancing (In/Out) filter.
  
  ​​> More information about the Label "Auto-Balancing"

  
  
  

• If no fiat value can be determined for your Asset at the time of the transaction, Asset Values can be added to affected transactions by the user to resolve the Tip.
  Use the Filter Option: Tip > Missing Value in the transaction list to find the corresponding transaction(s). Now click on the three dots as shown in the image below and select Update Asset Value.
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  ​In the follow-up menu (sidebar) you can now enter either the Price per Unit (currency rate of your asset at the time of the transaction) or the Total Value of the transaction. Confirm your input by klicking on Save Changes.
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  The Asset Value should always reflect the market price at the time of the transaction. Blockpit uses Coinmarketcap, Coingecko or other available price data sources. If asset values are missing, you can use other price aggregators, in the best case, get values directly from the transaction history of your exchange.
  
  
  ​❗ If the Tip is not resolved, Blockpit automatically assumes 0 Euro as asset value. (Fallback)
  ✅ Deposits and Withdrawals that are merged to Transfer/Trade or transactions labeled as Airdrop usually do not require additional valuation (currency rates).
  ​
  ✅ Merging transactions or labeling them as Airdrops thus can solve the problem of a Missing Values.
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  ✅ If Trades are settled directly against fiat or other assets whose price data are known, no additional price source/rate is required due to the direct valuation.

   

• This Tip refers to incorrectly linked (merged) transactions.
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  ​👁‍🗨 Pay special attention to the timestamps of your transactions to avoid re-linking loops.
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  💡 If the time stamps of several affected Unlabaled Deposits and Unlabaled Withdrawals are identical to the second, they should be manually edited so that a unique or unmistakable chronological order of your transactions is created.
  
  
  ✅ Split the affected transactions into their individual parts (deposits and withdrawals) using the split transaction function, and then merge them again in the correct order.​
  ​

  

  
  ​> Subsequent linking/merging or editing of Trades and Transfers?

   

• The Tip is triggered if the hard fork base asset within the integration is missing at the actual hard fork time/date. Causes for missing assets are mostly missing, double or incorrect transactions for the affected base asset.

  

  ✅ To solve the Tip please follow the gnereal steps related to the Tip "Missing History" above.

   

• The asset did not have a hard fork at the specified time or the hard fork has not yet been registered in our database.

  
  
  

  ✅ Please note that your hard fork transaction must be created after the official hard fork date.

  
  If the Tip still occurs, please contact our support team via chat request and provide all necessary information about this hard fork for our support team so that we can analyze and fix the Tip for you as fast as possible.

   

• This Tip refers to an unsupported label regarding the regulatory framework of your tax country, which means that the label you would like to apply is not available for the asset types involved in the transaction. Therefore, the label should be changed.
  
  
  
  
  
  ✅ To resolve this tip, the label of the affected transaction must be changed.

• Undefined Tip can occur as a result of faulty transaction data calculations on blockpit side. Therefore, you may not be able to fix this Tip yourself.
  Please contact our support team and provide all necessary information so that we can analyze and fix the Tip for you as fast as possible.