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.
Explore the following definitions of terms used throughout transaction reports.
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- Withdraw: The amount withdrawn
The asset the event is affecting. For example, selling TRX.
The value of the trade in AUD at the mid-rate.
The currency the event is based on. For example, selling TRX for USD.
The date of the event in your local time.
The address where the asset was deposited.
Buy, sell, deposit and withdraw events. For example, buying TRX.
The value of the fee in Australian dollars, excluding GST.
The fee deducted from the transaction.
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.
The goods and service tax (GST) is included in the fee.
The rate of the transaction. For example, sell at a rate of 0.000102 USD per BTC.
The information attached to a deposit or withdrawal. It can include BSB for fiat deposits and memos for crypto deposits.
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.
The time of the event in your local time.
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.
Our in-house identification code to identify your transaction.
The amount of currency provided. For example, selling 1 BTC for 9778 USD.
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.
The address where the asset was withdrawn.
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.