Disclaimer: This article is intended as an informative piece. This is not accounting or tax advice. Please speak to a qualified tax professional about your specific circumstances before acting upon any of the information in this article.
Why is there a difference between my pool balance and portfolio balance?
You may notice a difference between your pool balance and your portfolio balance for certain assets. This generally happens for three main reasons:
Missing Accounts: Some of your wallets or exchanges may not have been added to Recap.
Missing Transactions: Accounts in Recap may not have all of their transactions imported.
Misclassified Transactions: Some transactions may be classified incorrectly.
How to Resolve Any Differences
First we suggest reading all of the articles in our Managing Your Data section and following any necessary steps. You may find that this resolves any discrepancy between your pool and portfolio balances.
Missing Accounts
Check the Accounts Screen to ensure all your exchanges and wallets are represented in Recap. If you notice any missing accounts, add them to ensure your data is complete and accurate.
Missing Transactions
Consider whether any transactions are missing from your connected accounts. Some exchange APIs may not provide the full transaction history, meaning you may need to manually add certain transactions or time ranges to Recap.
Misclassified Transactions
Navigate to the Activity Screen and review your transactions for any incorrect classifications. If a transaction is misclassified, click on it and select the Edit button in the Details tab to update the transaction type. For custom or CSV-imported accounts, you’ll need to edit the source CSV file to correct the transaction classification.