Feature Update

Cryptact Now Supports Australian Dollar (AUD) as Accounting Currency

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We are pleased to announce that we have completed the following updates to our services.     

[March 28, 2024 Update] We have added the British Pound (GBP), New Zealand Dollar (NZD), Singapore Dollar (SGD), and Taiwan Dollar (TWD) to the accounting currencies. Click here for more details. 

The Addition of Accounting Currency

As of December 21, 2023, we now support the Australian Dollar (AUD). (You can check from here)

If you choose the Australian Dollar as the accounting currency on the Free Plan, the fiscal year-end month will be automatically set to June.

An accounting currency is the base currency used for profit and loss calculations. For residents in Japan, please select Japanese Yen.


Furthermore, following the addition of the Australian Dollar, the “HIFO” method has been incorporated into the calculation options for cryptocurrency assets.

【Related help pages】

 Supported Accounting Currencies

New file format

  • KuCoin: new file format for Trades files.

New transaction type

  • Bitget: supports “Other”, “Airdrop Reward-A”, and “Airdrop Reward-B” as “To confirm” transactions. / ignores “reduce exchange rate” and “increase exchange rate”.

API

  • KuCoin: enables sub account for “kucoin-futures”.

The updated features are available here.

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