This is a guide on your Settings page. Please check the Accountant Settings Page guide if you are on the accountant plan.
Settings Page
Click the profile on the top right of the page. Then, you can see the Settings button on the drop-down menu.
The Settings page looks like this.
Under Settings, there are some tabs on the sidebar:
See below for how to manage these settings.
Account
Profile
Email
The email is your account. Changing the email will change your account and where the payment notifications are sent to.
Name
You can change your name here. This will show on the generated reports.
Country
This can not be changed once you have chosen the Country and paid for the plan.
Local Currency
This depends on your Country's setting and can not be changed by itself.
Language
Currently, we support English, Deutsch, and Español. More languages to come. 😉
Account Password
You can change your password here.
Manage Data
Clear Data
Your account will remain, but the data imported will be deleted. You can use this feature if you want to start from scratch.
Note: This action cannot be undone.
Delete Account
By permanently deleting your account, all your data will be removed from our system, the subscription will be canceled, and you will be logged out. Please contact support via the in-app chat box if you regret it and decide to resume your subscription and account in seven days.
Portfolio & Tax
Note: The default settings are recommended depending on your tax jurisdiction. Switching the toggles or changing the value will affect your reports. So ensure to consult with a tax professional for any changes.
Tax settings
Refresh report
Use the ‘Refresh report’ feature after you change any settings, so the generated reports are up to date.
Inventory Method
This is set up as the default option of your tax jurisdiction. You can change this setting here or on the Reports page. Always check with your tax professional before using another inventory method. Read our relevant guides for more details:
Timezone
CryptoTaxCalculator will auto-match the timestamps in your transactions to the timezone you choose.
Cost Basis Tracking
Use this setting to change how the cost basis is tracked. For example, with the FIFO inventory method, the below trades are made:
Day 1: Buy 1 ETH on Coinbase for $4000
Day 45: Buy 1 ETH on Binance for $3000
Day 90: Sell 1 ETH on Binance for $2000
If you choose:
Universal
Cost basis will be tracked universally across all wallets and exchanges.
In this case, on the day 90, your capital gain is $2,000 - $4,000 = - $2,000
By wallet and exchange
Cost basis is tracked by wallet and exchange. This means that there may be multiple cost bases for an asset based on the purchase price where the currency was purchased.
In this case, on the day 90, your capital gain is $2,000 - $3,000 = -$1,000 on Binance
Portfolio
Portfolio settings
Ignore gains on forex conversions
Show fiat holdings on reports and dashboard
Treat airdrops as income
Treat mining as income
Treat staking rewards as income
Treat royalties as income
Treat staking deposits and withdrawals as non-taxable
Treat personal use as a non-taxable disposal
Treat outgoing gift as non-taxable disposal
Treat collateral deposits and withdrawals as non-taxable
Treat bridges as non-taxable disposal
Long term threshold
You can customize your long-term threshold here. Changing this setting might affect your Capital Gains Report.
Adjusted balance accuracy
Use this feature to ignore balance remaining issues below a certain fiat threshold because of decimal place rounding issues. This is usually caused by exchange transaction data that has been rounded up.
Billings
Subscription details
You can check your current plan and the subscription period here. Click ‘Manage Subscription’ will open up a new tab where you can manage and review your payment details and subscription and download the receipts and invoices. Read our guides for more information:
Permissions
Accounting
You can check the invitation status that was sent by your accountant here. The page will look similar to the below image if you don’t have an invitation.
If you have accepted the invitation from your accountant, you can see your accountant’s email address.
Revoke Access
You can revoke your accountant's access here. However, if the working data is the accountant's side of the data, you will lose access to the edited data. You will only be able to see the data you’ve imported from your side before your accountant invited you. Read this guide for more details.
Data management
You can select a shared data source between you and your accountant. Once selected, both you and your accountant can only see and edit that side of the data. Ensure to select the right side before you start working on the reconciliations. Read this guide for more details:
Integrations
Connect Xero account
