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Balance Check

TL;DR:
The Balance Check compares the reported balance with the calculated balance per account and asset and highlights discrepancies using clear status indicators.


What is the Balance Check?

The Balance Check helps you verify the consistency of your account data. It compares:

  • Reported Balance: The balance reported by the exchange or blockchain

  • Calculated Balance: The balance calculated from your imported transactions

  • Difference: The deviation between reported and calculated balance

This makes it easy to identify missing, duplicate, or incorrect transactions.


What is shown in the account list on the left?

The left sidebar displays all accounts, exchanges, and wallets:

  • Grouped by account

  • Showing the total value per account

  • Including a colored status dot for quick evaluation

Selecting an account displays its assets in the main panel.


What do the colored status dots mean?

The status dots indicate how reported and calculated balances compare:

  • Green
    Reported balance and calculated balance match for all assets.

  • Blue
    No reported balance is available.
    The account is based entirely on manual entries or CSV imports because no balance was reported by an exchange or blockchain.

  • Grey
    Minor discrepancies:

    • Differences between 0 and 10 EUR (or account currency)

    • Negative differences down to -10 EUR

  • Orange
     Significant discrepancies:

    • Differences greater than 10 EUR (or account currency)

    • Negative differences below -10 EUR

Additional tooltips may appear, such as:

  • “Calculated balance matches reported balance”

  • “No reported balance available for verification”

  • “Small issues detected (e.g. rounding differences)”

  • “Mismatch between reported and calculated balance”

  • “Issues detected — review recommended”


What does the “Difference” column show?

The Difference column indicates:

  • Positive values: Calculated balance is higher than reported balance

  • Negative values: Calculated balance is lower than reported balance

The size of the difference determines whether it is considered minor or critical.


Why do discrepancies occur between reported and calculated balances?

Common reasons include:

  • Missing deposits or withdrawals

  • Incomplete API imports

  • Incorrectly recorded internal transfers between own wallets

  • Rounding differences for very small amounts

  • Token migrations, rebases, or airdrops

  • Duplicate or incorrect manual entries


What does “No reported balance available for verification” mean?

This message appears when:

  • The exchange or blockchain does not provide a reported balance

  • The account is maintained only via manual entries or CSV imports

In this case, the balance is calculated solely from transaction data.


How can I identify which assets should be reviewed?

Assets with:

  • Orange status dots

  • Large positive or negative differences

  • Warning messages in the tooltip

should be reviewed first.


Summary

The Balance Check is a key tool for verifying the accuracy of your CoinTracking data. By comparing reported and calculated balances and using clear status indicators, you can quickly identify inconsistencies and correct them efficiently.


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