How can I reclassify transactions in CoinLedger?

From the Transactions page in CoinLedger you can classify transactions one-by-one or bulk classify multiple transactions at once.

This feature is useful when:

Learn more about these processes below.

To classify a single transaction, click on the three dot menu on the right of the transaction row and then press Change classification.

Once you have selected the transaction type you would like to reclassify the transaction to, press Save to confirm your changes.

You will only have a certain number of options to choose from when reclassifying a transaction. CoinLedger will only show transaction types that match the "shape" of your original transaction. For example, the transaction I want to reclassify below is a Trade. Therefore, CoinLedger will only allow me to reclassify this transaction into other "Trade" transaction types (or transactions where I am exchanging one crypto asset for another).

This is done to maintain the original structure of your transaction and to ensure that your tax report is 100% accurate. You can learn more about the transaction types CoinLedger supports here.

Bulk classifying is the fastest way to reclassify multiple transactions at once.

To bulk classify a set of transactions, check the box to next to each one and then click Mark as at the bottom of your screen.

Finally, select the transaction type you would like to reclassify the transactions to. Once you have done this, each of the transactions you selected will now be reclassified.

When selecting your transaction type on this bulk reclassifying tool, CoinLedger will only show transaction types that match the "shape" of your original transaction. This is done to maintain the original structure of your transaction and to ensure that your tax report is 100% accurate. You can learn more about the transaction types CoinLedger supports here.