The transaction report provides a detailed breakdown of your order history, trade values, deposits and withdrawals, including the Australian dollar equivalent values of the trades made on the platform.

Glossary

Explore the following definitions of terms used throughout transaction reports.

Amount

The amount of the asset. For example:

• Buy: The amount to receive after fees
• Sell: The amount to sell
• Deposit: The amount deposited
• Withdraw: The amount withdrawn

Asset

The asset the event is affecting. For example, selling TRX.

AUD Value

The value of the trade in AUD at the mid-rate.

Currency

The currency the event is based on. For example, selling TRX for USD.

Date

The date of the event in your local time.

Deposited To

The address where the asset was deposited.

Event

Buy, sell, deposit and withdraw events. For example, buying TRX.

Ex. GST

The value of the fee in Australian dollars, excluding GST.

Fee Amount

The fee deducted from the transaction.

Fee Asset

The fee amount is denominated in this asset. The fee is deducted from the received asset.

Fee AUD Value

The value of the fee in Australian Dollars.

GST

The goods and service tax (GST) is included in the fee.

Rate

The rate of the transaction. For example, sell at a rate of 0.000102 USD per BTC.

Reference

The information attached to a deposit or withdrawal. It can include BSB for fiat deposits and memos for crypto deposits.

Reward

Refers to any Earn payouts received during the period that you had your assets enrolled into the program. Earn rewards may be subject to income tax, and any disposal may be subject to capital gains tax.

Time

The time of the event in your local time.

Transaction ID

The code to identify a transaction. You can use this to verify with your bank or on the blockchain that Swyftx has received or sent funds correctly.

UUID

Our in-house identification code to identify your transaction.

Value

The amount of currency provided. For example, selling 1 BTC for 9778 USD.

Withdrawal Fee

The 'mining' or 'network fees' charged to facilitate the asset withdrawal and send it across. For example, there is a 0.0004 BTC mining fee for BTC withdrawals.

Withdrawn To

The address where the asset was withdrawn.

Helpful links

For more information about crypto and tax, visit our Crypto Tax Australia Guide blog post.

If you’re looking for an invoice that shows the breakdown of one individual transaction, visit Download recipient-created tax invoice (RCTI).

For instructions on how to generate your transaction report, visit our help article Download a transaction report.

Transaction report vs tax report

Unfortunately, we don't do "tax reports" and only do transaction reports.

Tax reports do not clearly describe the data shown because many users withdraw funds to other exchanges or investment projects. These transactions can affect tax calculation, so we cannot complete these on behalf of the user.

We cannot know how much gain or loss is made once funds leave Swyftx, which is why we provide a Swyftx-specific transaction report instead.