Adding your starting balance (switching from other tools)

On this help page, we will explain how to import "coin balances held at the beginning of the fiscal year (positions)" and "average acquisition cost of each coin".

 

Table of Contents

  1. What Is the "Starting Balance" Function?

  2. Recommended for Whom?

  3. Accessing the Input Screen

  4. Input Methods

    4.1 Method to Add Coins One by One

    4.2 Method to Add Multiple Coins Together via a File

 

1. What Is the "Starting Balance" Function?

This feature allows you to import calculations results from other company tools.

By registering the "coin balances held at the beginning of the fiscal year (positions)" and the "average acquisition cost of each coin," you can avoid the need to import history from previous fiscal years. This makes it easy to switch from other providers.

 

2. Recommended for Whom?

This feature is recommended for the following individuals:

  • Those who are unsure about how to switch from other providers.
  • Those who find it a hassle to upload all transaction history from scratch, especially when they have calculation results from the previous fiscal year readily available and want to make use of them.

Please note that using this feature requires information on the "coin balances held at the beginning of the fiscal year" and the "average acquisition cost of each coin."

 

3. Accessing the Input Screen

3.1 First, let's navigate to the assistant screen.

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3.2 On the right side of the assistant screen, please click on "Starting balance" under "QUICK ACCESS."

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3.3 Click on "Add starting balance".

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3.4 The input screen will be displayed.

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4. Input Methods

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4.1 Method to Add Coins One by One

Step1: Select the year for which you want to start the calculation in cryptact.

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Step2: Let's add coins.

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Add coin:

Please select and add the coins you currently hold.

Add custom coin:

If you cannot find the coins you hold under "add coin," it means they are not supported by cryptact. In this case, please add custom coins. How to create Custom Coins

Add DeFi token:

If you previously used cryptact and own DeFi tokens, you can add them here.

 

For switching from Gtax, please refer to this help page.

 

Step3: Please input the coin balances and average acquisition costs, then click "Save."

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What is "POSITION"?

"POSITION" refers to the number of coins you hold.

What is "UNIT PRICE"?

"UNIT PRICE" refers to the acquisition price per coin, meaning the cost you incurred to obtain each individual coin.

 

After inputting the information, let's review it again. You can edit it using the "Edit starting balance" button or delete it using the trash can icon if needed.

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4.2 Method to Add Multiple Coins Together via a File

Step 1: Please choose the starting fiscal year.

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Step2: Download the file.

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Step3: Download the CSV file and start adding the coins information.

▼Click on CSV template to download.

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▼Add「COIN・POSITION・UNIT PRICE」 and save the file.

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*Please check cryotact's supported coin symbols here.

 

▼If the file gets corrupted, you can open it with notepad to avoid it gets corrupted. (for windows users only)

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▼You can use "," to separate the data.

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Step4: Upload the file.

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Step5: After you upload the file, please double check if the coin information are added correctly and then click on "Save".

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(*) Please make sure that the "UNIT PRICE" contains the average acquisition price per coin for each coin.