Updating Fair Market Values By Changing The Unit Price

Created by Jay Geeth, Modified on Mon, 04 Dec 2023 at 03:44 PM by William Kinash

In this tutorial, we will go over how to change the cost/sale prices of transactions by changing the unit price.

Currently the system pulls transaction data from the blockchain and using the transaction timestamps, the market aggregator index pulls the pricing data of the token/crypto asset for that given timestamp. In some cases, there may not be any or not enough pricing data from the market aggregator indexes (CryptoCompare & CoinGecko) to provide the accurate unit price or fair market value for each token.

For example, a token transaction that is not listed on CryptoCompare or CoinGecko is synchronized onto Cryptoworth but the price per unit needs to be modified. In this scenario, you can modified the unit price of the token asset following the instructions below.

Step 1

Select the transactions which need the unit pricing modified. In this scenario, we are modifying the unit price of the selected token from date of March 17th, 2022. 

The four transactions from March 17th, 2022 had their fair market values calculated by the system's market aggregator index connections (see second screenshot) showing a unit price of $10.08. This is the unit price we will be changing.

Step 2

Click on the three-dotted button to trigger the data operations dropdown menu then click on the Change Unit Price option. 

Step 3

Input the unit price and click on the Save button. 

Your unit prices are now modified, you will see a star symbol next the the cost basis and sale price values on the ledger which indicate the manually overridden prices. 

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