Aggregate "rewards" transactions daily/weekly/monthly
planned
Robin
Merged in a post:
Roll up tiny transactions
B
Blue Clownfish
This is probably a very common request but please please can you add a feature to auto merge very small sub $1 transactions.
I understand your business model is based on transactions but having a lot of 1 cent transactions from various yielding crypto makes things not only expensive but unbearably tedious to administrate.
As a koinly user of a couple of years now I really want to see this as it puts me off even using yielding accounts due to the admin and costs exceeding any gains.
Thanks for listening :)
This post was marked as
planned
Robin
Merged in a post:
Merge Rewards for a specific coin at the end of each month.
P
Petite Marten
Example ETH2 rewards paid out daily could be chosen and merged for each month - merging up to 31 items.
S
Striped Lion
Merging daily transactions into one transaction for the whole month is not the right way to go about this for tax purposes. Many are receiving multiple daily reward transactions and it's the multiple DAILY reward transactions that koinly needs to merge into one transaction per day.
G
Ginger Mink
There's nothing "unfair" about claiming staking rewards. If you don't want them, don't claim them multiples times per week
When you claim, it affects that tokens cost basis. It creates a big problem for koinly, unless they can do a weekly one, and average the cost of all staking rewards for that week... even then , the holding period would be off...
William
Merged in a post:
Unfair rewards transactions count. Can Koinly count all rewards as one transaction?
I
Inquisitive Bear
Is there a way that Koinly can count the whole year's rewards PER COIN as one transaction?
The Koilny plans jump from $49 to $99 when we have more than 100 transactions. I did fewer BUY/SELL transactions than a hundred during the year. But since I stake, koinly counts each stake reward as one transaction, so most of my transactions are daily rewards.
Basically, all that I earned during the year on staking, I had to pay it to koinly to do my taxes.
I think that is pretty inconvenient for the users.
R
Rosso corsa Marmoset
Yes! I agree, this can already be done for rewards earned on the same day but not rewards earned on multiple days.
E
Emerald Dragon
I have looked for a solution but I cannot find one as of today. I am trying to merge the transactions to monthly via csv but this is also difficult, please (Koinly admin/ anyone who has done this before) direct us to a template.
M
Moonstone Jaguar
Yeah, at a minimum I would like this option for visual purposes. I now have 300 pages of transactions that are dominated by penny rewards. It would be great to see these summarized by coin each month. Even if they still charged me the full amount for each individual transaction, this would at least be better.
E
Emerald Dragon
Moonstone Jaguar: Did you get a solution to this?
M
Moonstone Jaguar
Emerald Dragon: Nope, not yet
H
Happy Vole
It might be that Koinly are happy with people being pulled in by the 'Beginner or 'Hodler' price plans, but then finding they have to buy the more expensive plans to include all the transactions that come from staking. But Koinly will loose out to competitors if the competitors deal with this by offering aggregate rewards feature.
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