Here’s something in time for the upcoming tax season and as always, thank you for reading this MyZucoins newsletter.
What’s Inside Zucoin’s v184 Release Of The Zucoin Wallet App?
The v184 update to the Zucoin wallet app introduces a highly requested feature: the ability to export your transaction history into a CSV (Comma Separated Value) spreadsheet file.
This new feature is designed to streamline the process for both accountants and DIY users needing to manage financial reporting and tax compliance for digital assets like Zucoin.
This update also has numerous minor improvements to the appearance of certain elements, following on from more community feedback.
Some items in the app have also been loaded-in using a different method, to speed up the app’s startup process.
What Is The Purpose Of The “Export Transactions” Feature?
Many users reported the need to make the process of reporting and tracking their Zucoin transactions easier.
This feature saves a ton of time for accountants and DIY users who create financial reports, whether for budgeting or helping to stay compliant with tax reporting for owned digital assets, such as Zucoin.
Specifically, for tax purposes, many accountants and software platforms expect transaction data to be in a spreadsheet format, such as a CSV (Comma Separated Value) file.
While this is a clear use case for the export transaction feature, it can also be used in a number of other ways for those who want to roll up their sleeves and tinker with the generated file, such as for personal data analysis and historical insights.
How Do I Export My Zucoin Transactions As A CSV File?
Open your Zucoin wallet app.
In the top-right corner, click the “gear” icon to access settings.
Click “Export transactions”.
Click the download button.
Depending on your device, you’ll be given various options such as “save the file” or “open”, to view it in your preferred spreadsheet app (Microsoft Excel, Google Sheets, Apple Numbers, etc).
Done!
Do All Of My Transactions Appear In The Exported List?
All transaction data that is stored in your Zucoin wallet, on your device, is used to generate the exported CSV spreadsheet file.
If you are missing data from your wallet, it won’t appear in your exported transactions file.
For example, if you had loaded the same Zucoin wallet on multiple devices and didn’t keep each wallet up-to-date and in sync, then some of those wallets may be missing transaction entries when you attempt to export data, so they won’t appear in the generated CSV file.
Don’t worry though, the data is still valid.
In this case, just like in the Zucoin wallet app itself, an “Adjusted” warning will be included in the transaction’s information, indicating this has occurred.
Does The Export Transaction Feature Get My Data From The SplitChain Network?
No.
The export transaction feature doesn’t contact the SplitChain network.
It uses data that exists on your device’s Zucoin wallet only.
Are Any Third Party Services Used To Generate The CSV Spreadsheet File?
No.
Generating a CSV spreadsheet file of your Zucoin wallet’s transactions doesn’t contact any external services.
All processes happen only on your device, to improve safety.
Does This Replace The Need For Wallet Backups?
No.
Wallet backups are essential and ensure you can recover your wallet if you, for example, lose your device or delete your Zucoin wallet.
The transaction export feature only creates a CSV spreadsheet file of your transactions that are stored in your Zucoin wallet.
It doesn’t contain any other data that exists in your wallet backup and cannot be used to restore your Zucoin wallet.
You need to use a Zucoin wallet backup to restore your wallet.
Will This Transaction Report Have Info About Other Platforms, Such As Zutopia Transactions?
No.
The Zutopia marketplace is a separate platform.
As such, any external platform will need to provide reports via their own systems.
How do I update my Zucoin wallet app to the latest version?
Zucoin Wallet App v183 Update Released – Maximising Screen Space.
Zucoin Wallet App v182 Update Released – Maintenance & Tweaks.
Zucoin Wallet App v181 Update Released – Maintenance & Tweaks.
Zucoin Wallet App v180 Update Released – Wider Range Of Devices Supported.
Zucoin Wallet App v179 Update Released – Improved Instant Wallet Reset.
Zucoin Wallet App v178 Update Released – Instant Wallet Reset.
Zucoin Wallet App v177 Update Released – Passwordless Third Party Logins.
Zucoin Wallet App v176 Update Released – More Improvements To Android Install Process.
Zucoin Wallet App v175 Update Released – Smarter Android Install Process.
Zucoin Wallet App v174 Update Released – Easy Refresh.
Zucoin Wallet App v172 Update Released — Network “Jitter” Reliability.
Zucoin Wallet App v171 Update Released.
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All the best,
—Rob
MyZucoins
Disclaimer: Of course, this is not advice, financial or otherwise. It’s also important to consider the risks and challenges associated with any potential benefits.