New Features
New reconciliation view: Intra-exchange transactions
This new reconciliation view shows transactions where both the source and destination are the same exchange, but the category of the transaction is still unknown. Common transactions in this category are interest payments, staking rewards, income, or airdrops.
Fees now have their own column
Rather than showing a fee under the value field of a transaction, they can now be found in their own column to the right. Any capital gain/loss associated with that fee is also shown next to it. Fees also have their own row in the expanded transaction view.
NFT IDs are now visible on the Review Transactions page
By showing the NFT ID next to the currency on the review transactions page, we’ve made it easier for you to differentiate between your NFTs when reconciling.
‘Add Manual Transaction’ modal is now a slide-out
Rather than taking over the whole page, the ‘Add New Transaction’ slide-out has the exact same features as before, but in a side panel for easy access.
Bulk edit categories revamp
Previously, if you bulk selected incoming and outgoing transactions in the same group, we only allowed you to bulk categorize them as send/receive or buy/sell. Now, you are able to bulk select any of our ‘opposite transaction category pairs’. For example: Bridge In & Out, Collateral Deposit & Withdrawal, Add & Remove Liquidity etc.
Accountant demo accounts are being deprecated
Accountants would have noticed a new button in their Client Dashboard, giving them notice that demo accounts will be deprecated. If you have transactions associated with a Demo Account, you can transfer them easily to a new client. After September 8, 2022 all the existing Demo accounts will be removed. However, if you don’t migrate your Demo data to a client by that date, you will be able to restore any previously imported transactions and reconciliation efforts via the Settings page.
More details regarding this update are visible in your My Clients dashboard.
Defect Fix
Since our last product newsletter, we've implemented the following fix:
Previously our pricing source was using a singular data source for both LUNA and LUNC transactions. We have now moved our pricing data to a new source that does differentiate between LUNA and LUNC.
Minor Changes
Since our last product newsletter, we've implemented the following minor updates:
We have revamped our integrations page, adding categories for our different integrations
In the 'Suspected Spam Token' reconciliation view, we now allow you to bulk approve or decline our suggestion, rather than reviewing them one by one
The status pill now has a syncing status when a wallet or exchange is being imported
We now use solana.fm as our blockchain explorer for Solana transaction
Added support for the new Bitmex CSV format
Added support for the new Blockfi CSV format
Added support for the new Crypto.com CSV format
Added support for the new Deribit CSV format
Added support for the new Exodus CSV format
Added support for the new FTX CSV format
Added support for the new OKEX CSV format
Adde support for Binance Liquidity Operations
Added support for BinanceUS OCBS Buy and OCBS Sell (also known as Quick Buy and Quick Sell)
Same content, different formats
Would you rather read this in your Twitter feed? Don't forget that we publish an accompanying Twitter Thread with a condensed summary of each product newsletter.
The information provided on this website is general in nature and is not tax, accounting or legal advice. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this information, you should consider the appropriateness of the information having regard to your own objectives, financial situation and needs and seek professional advice. Summ (formerly Crypto Tax Calculator) disclaims all and any guarantees, undertakings and warranties, expressed or implied, and is not liable for any loss or damage whatsoever (including human or computer error, negligent or otherwise, or incidental or Consequential Loss or damage) arising out of, or in connection with, any use or reliance on the information or advice in this website. The user must accept sole responsibility associated with the use of the material on this site, irrespective of the purpose for which such use or results are applied. The information in this website is no substitute for specialist advice.
