For tax professionals who want to edit and categorize transactions in their clients' accounts, editing and categorizing transactions will modify the details of automatically synced transactions and customize how gains and losses are realized on a transaction.
Change a transaction category
Using transaction categories can alter the tax consequences of a transaction. Please refer to the category definitions to review the tax implications of each category.
- Before you start, make sure you're viewing as your client.
- Navigate to the Transactions page.
- Choose the transaction you’d like to change the category details.
- Hover over the current category type and click the arrow icon.
- Select the category type from the drop-down menu.
An alert will pop up confirming the change. Once completed, the change will be immediately reflected in the transaction details.
Note: Some category changes may cause a cost basis recalculation, affecting other features. A checkmark indicates when the recalculation is complete.
Mark transactions as non-taxable
Keep in mind that this option may not be available on all transaction types. Continue below for steps to mark transactions as non-taxable:
- Hover over the desired transaction and select the […] icon.
- Click Mark as non-taxable.
- To remove this tag, click Mark as taxable.
Note that you can only undo a non-taxable tag. Also, you cannot mark non-taxable transactions as taxable.
How to Edit Client Transactions
Make sure you're viewing as your client in order to complete the steps below.
Once you’ve accessed the Edit transaction page, follow the below steps to make the desired changes.
Edit an asset
- From the Edit transactions page, hover over the desired asset and select the […] icon.
- Click Edit asset. This will prompt a window where changes can be made.
- Click Save Transaction to apply your changes.
Ignore an asset
- From the Edit transactions page, hover over the desired asset and select the […] icon.
- Click Ignore asset.
- Click Save Transaction to apply your changes.
Add outgoing assets, incoming assets, or transactions fees
You can add additional assets to the incoming, outgoing and fees columns in your clients' transaction. Note that some restrictions apply, and we currently do not support NFT (non-fungible tokens) and unrecognized assets.
See the steps below:
- From the Edit transactions page, choose a transaction to add details.
- Click + Add at the bottom of each of the transaction columns to make changes.
- Click Save Transaction to apply your changes.
Troubleshoot transaction edit issues
If you receive an Unable to save your transaction error message, please review your edits and try again.
We're improving our notifications in order to provide better guidance to you when you encounter an issue saving transaction edits. We appreciate your patience as we continue to make improvements to our platform.
Update manual edits
You can update individual entry edits and remove all manual edits to an edited transaction.
Update individual asset edits
Enable an asset
If you've ignored an asset, you can can enable it by doing the following:
- Navigate to the Edit transactions page.
- Hover over the asset from the edit transactions page and select the […] icon.
- Select Enable asset.
Delete an asset
If you've manually added an asset, you can manually delete the added asset by doing the following:
- Navigate to the Edit transactions page.
- Hover over the asset from the edit transactions page and select the […] icon.
- Click Delete asset.
Delete manual edits
You can delete all manual edits made to a transaction by doing the following:
- From the Edit transactions page, navigate to the edited transaction.
- Click the […] icon.
- Click Delete manual edits.