Post
Topic
Board Service Announcements (Altcoins)
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
by
AussieWayne
on 18/07/2020, 07:22:02 UTC
Hello
Can someone advise why there are at least 3 different values for any crypto asset please.
For example as a test I have input the purchase of 10 ETH on 1st May 2020 at $300 AUD each, $3000 AUD total, no fees.
Then I run the reports and I get the following ETH values???

Closing Position Report from the Tax Report with year ending 30 06 2020
$3271.3

Balance by Exchange with year ending 30 06 2020
$3326.52

Total unrealized and realized Gain/Loss all currencies with year ending 30 06 2020
$3279.32

These multiple price values only serve to further make it more difficult that it already is?
They cannot ALL be right so why is this setup so confusingly incorrectly.
If I were to give all these or similar to my accountant to lodge with the ATO then I would be in trouble with many questions to ask.
I NEED TO BE 100% ACCURATE PLEASE.
Hopefully someone from CT will clear this up for the sake of clarity.
Thank you