In the advanced transaction details, you can find a detailed breakdown of each transaction and its effect on your portfolio balance and tax calculation. While the Ledger Details focuses on balance changes, the Tax Details shows the tax-relevant data of your transaction.
Ledger Details: Balance Changes
The Ledger View displays how a specific transaction affects the balance of an asset within your integration. It shows incoming and outgoing movements and the resulting asset balance.
Example: In the following image, an ETH → USDC Trade was carried out.
The ETH balance decreases by 0.2402 ETH, while 719.72814606 USDC are received.
Columns of the Ledger Detail View
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Label → Indicates whether it is a sell or buy, i.e., an outflow or inflow.
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Integration → The respective exchange or wallet through which the transaction was imported (here: Bitpanda).
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Asset & Asset Type → Specifies which asset is affected and which category it belongs to (e.g., crypto).
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Change → Shows how the balance has changed (e.g., –0.2402 ETH).
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Balance → Shows the new total balance of the asset after this transaction.
❗ Important: Negative balances indicate missing or incomplete transaction histories. In such cases, check whether all deposits, withdrawals, or transfers have been correctly imported via API, CSV, or Blockchain.
> What do Tips (Mismatched Balance, Missing History, etc.) mean and how to solve them?
> What do Tips (Mismatched Balance, Missing History, etc.) mean and how to solve them?
Tax Details: Tax Treatment of Inflows and Outflows
The Tax View provides tax-relevant details for each transaction. Here you will find information on acquisition transactions, cost basis, proceeds, profit or loss, and taxable status of your inflows and outflows.
In the following example, 0.2402 ETH was sold at a value of 615.90 €.The cost basis for this amount was 814.78 €, resulting in a loss of 198.88 €. Below, you can see the acquisition transactions or tranches that determine the cost basis—in this case, listed according to the FIFO (first in, first out) principle.
Columns of the Tax Detail View
- Price → Euro price per unit of your asset at the time of the transaction. Often determined based on Coinmarketcap or Coingecko.
- Value → The Value of your transaction is basically calculated as Quantity x Price. For Trades, however, depending on your tax country, either the incoming or outgoing assets or other mechanics are used to value your transaction. This Value is then set as Proceeds.
- Cost Basis → The sum of all acquisition costs, based on historical acquisition transactions/tranches. There are also dependencies on the transaction label used. (Example: Airdrop sets the cost basis to $0 in most jurisdictions, Non-Taxable In sets the cost basis using the value at the time of the transaction, i.e., Quantity x Price).
- Proceeds → Indicates the Value at which the asset was sold. The Proceeds can also be changed retrospectively by updating the asset values of your transaction.
- Profit/Loss → Calculated automatically from Proceeds – Cost Basis. Profits are shown in green, losses in red.
- Tranche Display → By clicking on the arrow, you can see which historical transactions were used for the calculation. Here, the origin of your assets is listed in tranches according to the consumption order (FIFO or average cost basis).
- Taxable → Shows with a check mark whether the transaction is taxable.
❗ Please note that gains from futures and derivatives trading (label: Derivative Gain) are NOT shown here, but can be found in the tax results on the Reports page.
Country-specific valuation logic
💡 All your transactions are always valued in the base currency of your tax jurisdiction (e.g., Euro) by our tax calculation logic.
⚖ If a transaction consists of incoming and outgoing assets (e.g., trade), it must be valued unilaterally or based on the prevailing tax logic in order to avoid tax arbitrage.
🔛 If the Trade is not executed directly against euros, either the incoming or outgoing assets are used to evaluate the transaction, depending on the price quality of the asset (e.g., USDT) and your tax country.
🏆 In Germany, for example, mostly the incoming asset is always evaluated in a “crypto-to-crypto” trade.
In Austria, on the other hand, mostly the outgoing asset is valued, although this has only played a minor role since “crypto-to-crypto” trades became tax-exempt (keyword: average cost basis).
💸 Valuation is always based on current standards using hourly and daily closing prices. The valuation of your transaction can also be refined retrospectively by updating the asset values.