What are the differences between 'Reported' and 'Calculated' Values?
CoinTracker enables real-time monitoring of portfolio performance and balances. Discrepancies may arise between the wallet values CoinTracker calculates and the actual values reported by a user's wallet or exchange.
Your Dashboard and Wallet pages show balances reported directly from exchanges and wallet APIs, known as the reported value. CoinTracker also sums up the transactions you have added to CoinTracker in order to calculate your taxes and portfolio insights—this is known as the calculated value. If these two values don't match, there's a balance difference.
- Reported value: expected balance value from exchanges or wallets.
- Calculated value: balance value calculated from your transactions in CoinTracker.
- Difference: Discrepancy between reported and calculated values, often from missing or wrong transactions.
Wallet Balance Values on the Wallet Page
Wallet Reported Value: Displayed by default, it is the expected balance from the user's synced wallet or exchange. This is retrieved directly from the exchange or blockchain API. CoinTracker doesn't calculate this value.
Wallet Calculated Value: Sum calculated by CoinTracker from imported transactions, including wallets, exchanges, CSVs, and manual transactions.
Asset Balance Values on the Wallet Page
Asset Reported Value: Total current holdings value in synced wallets or exchanges, retrieved directly from the exchange or blockchain API. CoinTracker doesn't calculate this value.
Asset Calculated Value: Sum of all transactions involving the particular asset imported to CoinTracker.
How do value differences arise?
A value difference is the discrepancy between reported values (expected based on exchange data) and calculated values (calculated based on CoinTracker data). These discrepancies, resulting from missing, incorrect, or unsupported transactions, aid in identifying gaps in transaction history that could impact your tax calculations.
These differences are most commonly a result of missing, incorrect, or unsupported transactions that cause balance discrepancies. These discrepancies are used to help you identify where missing transaction history within CoinTracker could be impacting your tax calculations. Only wallets or assets that are missing, have incorrect, or unsupported transactions resulting in incorrect balances will result in these differences.
Blockchain technology is constantly innovating, CoinTracker recognizes that we may not support all exchanges, blockchain protocols, or crypto activity. To ensure users track complete and accurate portfolio activity, we have created systems to flag gaps or discrepancies that may have a material impact on your tax calculations.