Crypto Deposits

Created by Travis Lander, Modified on Thu, 18 Feb, 2021 at 9:55 AM by Travis Lander

Description

Crypto Deposits are created to increase the balance of the Asset Account for the Coin used in the Deposit.

 

Add Deposit

Click the +New button and make sure the top dropdown box for transaction Type is set to 'Deposit'. Note: This is the most manual way to bring transactions into the system, and it is recommended to use the SoftLedger API, Excel Upload Templates, and Integrations whenever possible.

 

Enter all required fields and click submit. You can also click the down arrow next to the submit button and click 'Submit and New' to open a new blank Deposit to complete.

Input Fields

  • Date - The timestamp the transaction occurred in UTC Timezone.
  • Ledger Account - The Ledger Account which sits on the credit side of the journal entry (debit is Coin Asset Account). Note: For a Deposit, this is commonly a Cash Ledger Account.
  • Received Coin - Coin deposited (these are created from integrations, uploads, or previously on the Crypto>Coins page).
  • Received Wallet - Wallet deposited to (these are created previously on the Crypto>Wallets page).
  • Received Quantity - Total number of Coins deposited.
  • Per Coin Price - Fiat price per Coin at the time of the deposit (leave this blank to have SoftLedger pull a rate automatically).
  • Currency - Fiat currency of the Per Coin Price field.
  • Customer - Optional Customer associated with this transaction.
  • Vendor - Optional Vendor associated with this transaction
  • Reference - Optional reference text (Will be set as the description field for the Journal Entry created from the transaction).
  • Notes - Optional long text field.
  • TX Hash - Optional field to store the hash if it is an on-chain transaction.

 

Note: You can edit any create crypto transaction so long as the transaction is not in a closed accounting period.

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