cryptools-mirror/README.md

5.1 KiB

cryptools-rs

Accounting library for cryptocurrency transaction activity.

The software provides a way to measure cryptocurrency activity in one's home currency (the default value is USD, but anything can be used). Given a CSV file reflecting the user's entire cryptocurrency transaction history, the software will process that activity in a way that assigns cost basis at the date of purchase/exchange/receipt, preserves the character (date purchased and cost basis, most notably) of all holdings up until the time they are disposed, and when holdings are disposed the gain or loss from sale/exchange/disposal will be computed (including whether the gain or loss is short-term or long-term). Reports that reflect income/expense/gains/losses may be exported as CSV files, and the user can supply the desired relative or absolute path for where the reports are saved.

The activity that gets imported must be in a prescribed form (a CSV file) that effectively looks like this:

txDate proceeds memo 1 2 3 4 5
Bank Exchange Wallet Exchange Simplewallet
USD BTC BTC XMR XMR
non non non non non
2/1/16 0 FIRST -220 0.25
3/1/16 250 SECOND -0.25 180
4/1/16 0 THIRD -90 90
5/1/16 0 FOURTH 90 -90
5/2/16 160 FIFTH 0.3 -90
6/1/16 0 SIXTH -0.3 0.3
7/1/16 200 SEVENTH 0.7 -90
8/1/16 0 EIGHTH 0.3 -0.3
9/1/16 400 NINTH -0.5 200
10/1/16 900 TENTH 1 -200
11/1/16 0 ELEVENTH -1.5 1.5
12/1/16 2000 TWELFTH* -1.5 400

* this last transaction is an example of how a user might reflect an exchange via Shapeshift or similar services, where one currency is spent from one wallet and a different currency is received in another wallet.

CSV file components

  • txDate is currently set to parse dates of the format MM/dd/YY.

  • proceeds may seem tricky. The way to understand it, since it can apply to any transaction (aside from transfers from one owned-account to another owned-account), is that this is the value transferred in the transaction. For example, if one spends 0.01 BTC for an item at a time when BTC/USD is $10,000/BTC, then the user received value of $100, therefore the proceeds of that transaction would be $100. This field is ignored when the user's home currency is used to purchase cryptocurrency.

  • memo is useful for evaluating the final output but isn't important. Currently, commas in the memo are not supported.

After three columns of transaction metadata, the Account columns follow.

  • Accounts (1, 2, 3, 4, 5, ...): the top row reflects the account number (which currently must start at 1 and increase sequentially). The three other values are the name, ticker, and margin_bool. name and ticker should be self-explanatory. margin_bool is set usually set as 'no', 'non' (i.e., non-margin), or 'false.' To indicate a margin account, set it as 'yes', 'margin' or 'true'.
Margin accounts
  • Margin accounts must come in pairs, the base account and the quote account. The base account is the coin being longed or shorted, and its ticker is reflected like normal. The quote account is the market. The quote account's ticker requires a different formatting. For example, when using BTC to long XMR, the BTC account must be reflected with the ticker BTC_xmr.

Constraints

  • All cryptocurrency-related activity for the user generally must be included in the input CSV file.

  • There can only be either one or two accounts used in a given transaction (i.e., if a Counterparty token or Ethereum token transaction must be recorded, the XCP or ETH transaction fee must be reflected in a separate transaction/row).

  • Currently, manual adjustments may need to be made to the output files in cases, for example, when the user used cryptocurrency to make atax-deductible charitable contribution.

Installation

  1. cargo build (or include --release for a non-debug build)

This will build ./target/debug/cryptools-rs.

Usage

Run ./target/debug/cryptools-rs with no arguments (or --help, or -h) to see usage. Alternatively, run cargo run, in which case command-line arguments for cryptools-rs may be entered following --, e.g., cargo run -- -h.

Contributing

  • Contributors welcome. New authors should add themselves to the AUTHORS file.

  • Roadmap and todos: we're working through items in Issues; feel free to tackle or add issues.

See LEGAL.txt