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Manually Updating Token Prices in Request Accounting

Learn how to manually update the token prices for inflows

While Request Accounting automatically retrieves token prices from leading data providers like Coingecko, there are certain scenarios where accurate price fetching might be challenging. This typically occurs with:

  • Newly launched tokens not yet listed on price aggregators

  • NFT transactions, which have unique pricing mechanisms

  • Tokens with limited market data or low liquidity

As an alternative, you can now manually update token prices for inflow transactions. This guide will walk you through the process of manually updating token prices.

To update token prices in Request Accounting, please follow the steps below:

  1. Navigate to your transactions through either:

  2. Locate the transaction you want to modify and click the pencil icon next to the token price

  3. Enter the new fiat value of the inflow in the edit field

  4. Click the checkmark to confirm your changes

  5. Review the confirmation popup which displays:

    • Original token price

    • Original total value

    • New token price

    • New total value

    • Token quantity

6. Click "OK" to confirm the changes

7. Navigate to Tax Lots and recalculate the cost basis to ensure the changes are reflected in your reports


Important Notes:

  • This feature is only available for inflow transactions to prevent potential tax manipulation

  • Manual price updates are permanent and will persist even after wallet updates or hard resets

  • You can modify the manual price multiple times as needed

  • Cost basis must be recalculated after price updates for accurate reporting

  • Changes will not be reflected in reports until cost basis is recalculated

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