The Auto-Balancing (In/Out) transaction label is available for both incoming and outgoing transactions. It is used to align your integration's Calculated Balance with the Synced Balance, or to directly add individual missing amounts to your transaction history.
🎓 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.
How can I create an Auto Correction transaction?
Auto-Balancing transactions cannot be created manually like regular manual transactions. They can only be generated when resolving the Tips: “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.
