What is the assets screen?
The assets screen provides a comprehensive overview of all the assets being tracked within your Recap account.
It consolidates data from all your wallet, exchange, and custom accounts, offering a clear snapshot of your portfolio.
This page is designed to help you quickly understand the total value of your assets, track individual holdings, and monitor your portfolio’s composition across different accounts and asset types. It can also help to identify balance difference between your pool and portfolio balances.
Pool Balance
The pool balance refers to the total amount of a specific asset in your Section 104 (S104) pool. This is calculated as your acquisitions minus disposals for the asset. The S104 pool is used to track assets for tax purposes, ensuring that the correct acquisition costs are applied when calculating gains or losses.
Portfolio Balance
Your portfolio balance represents the total balance of the asset across all the accounts you’ve added to Recap. This balance is a broader view of the asset, encompassing all exchanges, wallets, and accounts you’ve connected.
Balance Difference
The balance difference is the gap between your pool balance and your portfolio balance. If the balance difference is zero, it means the asset is fully represented in Recap. However, if there’s a difference, it may indicate incomplete or inaccurate data.
Common reasons for a balance difference include:
Missing accounts or transactions: You may have untracked exchanges, wallets, or transactions that need to be added.
Misclassified transactions: Transactions might have been entered with the wrong classification.
Withdrawals to external wallets not tracked in Recap: If you’ve moved assets to external wallets, such as cold storage, these transactions may not be tracked in Recap.
To ensure your data is complete and accurate, aim to bring your balance difference to zero.
Pool Market Value
The pool market value is the current value of your pool balance. This is calculated by multiplying the pool balance by the current market price of the asset. This metric helps you understand the current value of your assets.
Pool Costs
The pool costs represent the allowable costs associated with the asset. These are calculated by adding your acquisition costs (the original price you paid for the asset) and any associated fees (such as exchange or transaction fees).
Pool Gain/Loss
Your pool gain/loss is the estimated unrealised tax position of the asset. It is calculated as the pool market value minus the pool costs. This gives you an estimate of your potential taxable gain or loss if you were to dispose of the asset at its current value.
For more information, please see our guide on