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Ignoring or Deleting Transactions?

A guide on when to ignore a transaction and when to delete a transaction.

Vivi Turla avatar
Written by Vivi Turla
Updated over 8 months ago

Ensuring accurate transactions is crucial for achieving a correct calculated balance in your Crypto Tax Calculator account. In some cases, you may need to delete or ignore certain transactions to have a correct balance. Here are a few scenarios:

  • Internal transfers within your exchange/wallet accounts that don't need to be recorded have been imported.

  • Duplicates arise from importing via both API and CSV.

  • Manually added transactions before importing your wallet/exchange led to duplicate entries.

  • For some reason, the existing transaction is messed up, and you want to import it fresh again.

Deleting Transactions

This is irreversible. The deleted transactions will be removed from your Transactions page. Hence, they are removed from the balance and calculations.

Ignoring Transactions

Ignored transactions are removed from the balance and calculations. You can re-categorize them should you decide that ignoring them is a mistake.

If you are unsure whether to delete or ignore or if you will still need the transactions in the future as a reference, it would be best to use the Ignore function.

How to Restore Deleted Transactions?

Deleting transactions is a permanent action. Once deleted, they cannot be retrieved. If you wish to restore the deleted transactions, you can

  1. hard sync (This is only applicable for API/wallet imports and can only be hard-synced from the beginning.),

  2. delete your wallet or exchange and re-import, or

  3. enter the data manually.

How do you delete transactions?

A. Deleting multiple transactions:

  1. On the Transactions page, select the transactions you would want to delete.

  2. Click Edit.

  3. Click Delete.

  4. A pop-up message informing that this action cannot be reversed will appear. If you'd like to proceed, you can click Delete.

B. Deleting a single transaction:

  1. On the transaction you would like to delete, click the three dots on the right side.

  2. Click Delete.

  3. A pop-up message informing that this action cannot be reversed will appear. If you'd like to proceed, you can click Delete.

How to Restore Ignored Transactions?

When you ignore a transaction, it is removed from your balance and calculations but not removed from your raw data. The app automatically hides ignored transactions. You can find your ignored transactions by switching the toggle under the 'View' tab on the Transactions page and re-categorize them as needed.

A. Ignoring multiple transactions

  1. On the Transactions page, select the transaction you would want to ignore.

  2. Click Edit.

  3. Click Ignore.

  4. Click Confirm.

  5. You will see a confirmation message in the lower left corner of your screen. You can undo the action before the message disappears in a few seconds.

B. Ignoring a single transaction

  1. You may categorize the transaction as ignore in or ignore out. Please note that this option isn't available in a grouped transaction such as trade, swap, transfer, and bridge.

  2. You may also ignore a transaction by clicking the three dots on the right. Then select Ignore.

How do you view your ignored transactions?

  1. On the Transactions page, click the View menu.

  2. Turn off the toggle Hide ignored/spam transactions.

  3. Filter for Ignore in and Ignore out transaction categories.

Feel free to contact us via our in-app messenger should you have any questions.

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