Wallet based cost tracking: ADA (non sync) vs ADA (sync)

Team,

Based on the new wallet based cost tracking, I’m not sure how this is going to work. Years ago before you allowed Cardano ADA syncing, all transactions were done by hand in an ADA (manual) wallet in Koinly. When syncing was integrated, I started importing all new transactions via the API into an ADA (synced) wallet from that day forward. I left the old manually and well tracked wallet alone as I didn’t want to knock those old transactions out of wack considering prior tax years were reported on those. At this point, I’ve got ADA sitting on the old (manual) and new (synced) koinly wallet. Both of those are really one and the same as they both reside on the same storage device.

I haven’t attempted to transfer or sell any ADA but is there a way or a need to merge or move the legacy holdings into the newer ADA (synced) wallet within Koinly? Any and all ADA I send going forward will come from and reflect in the synced one considering both are one and the same hardware wallet. It’s just one reflects the older unsynced records before the API became available.

Thanks!

Hi @Brent_Maier

If you want to keep your wallets as they are, you should make sure the new Synced wallet does not duplicate the transactions in the old Manual wallet. If it does, you should delete the overlapped history manually.

Also, you should create manual transfers between the old and new wallets to make sure the balances in the old wallet as 0.

This topic was automatically closed 60 days after the last reply. New replies are no longer allowed.