Click on the More Options tab from the side panel and select Chart of Accounts.
Click on the New button. A menu will appear with options to create a new transaction classification.
Fill in the required fields: Account Type, Account Level, Account Name, and
Description.
Choose how the classification should behave:
Non-taxable: Only check this if you're a qualified professional who understands which cryptocurrency transactions are taxable in your jurisdiction.
To Ignore: Select this to completely exclude transactions under this classification from processing in the platform.
Click Add Account to save the classification.
Your new classification will now appear in the Chart of Accounts.
Return to the Transactions tab.
To use the new classification: using the checkbox column, check the desired transaction that you wish to classify, click on the Unclassified tab, and select a preferred classification. Click on Apply to confirm. (To bulk classify multiple transactions, follow the steps listed below.)
You have now classified a transaction.
Bulk classification
To bulk classify multiply transactions at once:
Repeat steps 1 through 7 as stated above.
Using the checkbox column, check and select multiple transactions.
Click on Classify Transactions from the lower menu.
Select your preferred classification from the list and click Assign to confirm.
