Show the gas fee separately from the amount sold instead of including it in the sale amount
R
Relaxed Grasshopper
I see: "You traded 1.00042742 ETH for 0.92565733 WEETH (worth ...)" in Cost Analysis. Pretty much the same as I see in the transaction summary. Not helpful at all.
Under the Ledger tab, hitting "Split entries" gives a huge warning "You are about to split the entries from this transaction into separate transactions. This is only useful if you accidentally merged certain transactions or if a transfer was incorrectly auto-matched." Neither is what happened. How is this what I want?!
If I go to etherscan, I clearly see:
"Value: 1 ETH
Transaction Fee: 0.000427423371696378 ETH"
How simple is that? That's what I did. That's what Koinly should show when I expand the transaction.
E
Elderberry Mockingbird
Relaxed Grasshopper
Ok. You just want to see the tx fees by expanding the trade transaction entry in Koinly. When I read your feedback comment, I thought you were asking for separation of the transaction fees as a standalone transaction. That’s why I suggested the “Split entries” option for this outcome. Given that tx fees need to be added to cost base or deducted from sale proceeds for CG calculation purposes, the Koinly default needs to be a single transaction combining tx fees with the cost and fair value amounts of the traded crypto.
However, I agree that presentation of the transaction component amounts with an additional button would be a big Improvement. Koinly is probably concerned that showing tx fees separately will cause unnecessary confusion since they automatically incorporate the tx fees into their CG tax calculations.
R
Relaxed Grasshopper
Elderberry Mockingbird
Right :)
It's all about the UX, not about what's actually stored internally. I shouldn't need to do math to understand what went on. What's important to me is to understand 1. what
I
did, and 2. what happened as a side-effect. Right now the two are conflated.E
Elderberry Mockingbird
Koinly already shows you the transaction fee under the “Cost analysis” tab and you can separate the transaction fee from the sale price using the “Split entries” function under the “Ledger” tab (and thereby create a separate Cost transaction for the fee).
R
Relaxed Grasshopper
Much more intuitive and easier to query if the fee was listed separately (as it is on etherscan).