The transaction label "Auto-Balancing" is available for both incoming and outgoing transactions.
🎓 More details on the tax implications and categorization of all transaction labels can be found in the tax results under the menu item “Reports” and in the last pages of your tax report.
Auto-Balancing transactions cannot be created manually as simple transactions in the usual way. They can only be created by resolving the Tiips: “Mismatched Balance” or “Missing History”.
Only use the Balance/History reconciliation feature if the following steps haven't resolved the issue. Make sure to primarily address all "Missing History" Tips first.
Missing history in the transaction list:
>> Accessible via the “Missing History” button
Mismatched Balance in your ntegration (Dashboard):
>> Accessible via the wrench icon
You can best find your created "Auto-Balancing" transactions using the Filter Option: Label = "Auto-Balancing Incoming/Outgoing".
Pay particular attention to the following explanations and be aware of the tax implications, as when selling assets later, whose acquisition costs were set with a zero-cost basis, the full sale value will be counted as profit.
