The Annual Report is the page you reach for at tax time. You pick a year, and Gold Silver Ledger goes back through every sale you recorded in that year, lines it up against the buy that originally created each item, and works out the cost basis, the proceeds, the days held, and whether the gain or loss is short-term or long-term.
There's nothing to configure and no spreadsheet to wrangle — if your buys and sells are recorded in the app, the report builds itself.
Tier access
The Annual Report is a Premium-only feature. The Reports link is visible in the left nav on every plan, but Starter and Pro accounts will see an upgrade prompt instead of the report itself.
To unlock it, head to Settings → Subscription and upgrade to Premium. See [Upgrading your subscription].
Opening the page
From the left nav, click Reports. The page lands on the Annual Report by default, with the current year pre-selected in the Year dropdown and a small PREMIUM chip next to Your Plan to confirm the feature is unlocked.
The report is scoped to whatever portfolio is selected in the portfolio selector at the top-left of the app. Choose All Portfolios there to pull every sale across your account, or pick a single portfolio to narrow the report to one of them.
Picking a year
Click the Year dropdown to switch tax years. The list shows every year for which you've recorded at least one sale, plus the current year. Pick a year and the entire page recalculates — the headline cards, the sales table, and the export buttons all update to that year's data.
If you haven't recorded any sales for a year, the page still loads, but the headline cards show zeros and the sales table tells you there's nothing to report for that year. That's the right answer if you didn't sell — there's nothing to file.
The four headline cards
The strip across the top is your at-a-glance summary for the selected year.
Total Proceeds: The total dollar amount you received from sales that year. Sum of sale price × quantity across every sell transaction dated within the year.
Total Cost Basis: The total amount you originally paid for the items you sold that year. Pulled from each item's recorded purchase price, locked in at the time you bought it.
Short-Term G/L: Total gain or loss on items held for less than one year between buy date and sell date. Green when positive, red when negative.
Long-Term G/L: Total gain or loss on items held for one year or more. Same color treatment.
The two G/L cards together always add up to your net result for the year. The split exists because, in the US, short-term and long-term gains are taxed differently — your tax advisor will care about which bucket each dollar falls into.
The Sales table
Underneath the cards, the Sales panel lists every sale that contributed to the year's totals, with a small chip in the top-right showing the net result for the year — a green "Net gain" or a red "Net loss".
Each row is a single sold item, not a sell transaction — if you sold five American Gold Buffalos in one transaction, you'll see five rows, one per coin.
That's because cost basis is tracked per item (every coin and bar in the app is its own record), and a single transaction can contain items with different buy dates, different purchase prices, and different short- vs. long-term outcomes.
The per-item view is what makes the report tax-ready without manual unpacking.
The columns are:
Product: The catalog name of the item sold (e.g. American Gold Buffalo 1 oz).
Metal: Gold, Silver, Platinum, or Palladium.
Buy Date: When you originally purchased the item.
Sell Date: When you sold it.
Days Held: The number of days between buy and sell. Used to determine term.
Term: A coloured chip — Short-term (held < 1 year) or Long-term (held ≥ 1 year).
Proceeds: What you received for that one item from the sale.
Cost Basis: What you originally paid for that one item, including any premium over spot.
Gain / Loss: Proceeds minus cost basis. Green for positive, red for negative.
A Total row at the bottom adds the proceeds, cost basis, and gain/loss columns into the year's net figures — the same numbers shown in the headline cards, just totalled in line with the table.
How term is determined
Term is decided strictly by the calendar difference between the purchase date on the buy transaction and the sale date on the sell transaction for each individual item.
Held < 365 days: Short-term.
Held ≥ 365 days: Long-term.
Because every sold item is linked back to the specific buy that created it, the days-held count is exact for each row — no FIFO/LIFO guessing, no batch averaging.
This is the Specific Identification cost basis method, and it's the only method Gold Silver Ledger uses.
Exporting to CSV
The CSV button in the top-right of the page exports the same data shown in the Sales table — one row per sold item, with all the columns above — into a comma-separated file ready to drop into a spreadsheet or hand to your accountant. The file is scoped to the year you've selected and to your active portfolio choice.
Monetary values in the CSV are written in USD. For deeper detail on the CSV format and column-by-column notes, see Exporting your Annual Report as CSV.
Exporting to PDF
The PDF Report button generates a formatted, single-page (or multi-page, depending on how many sales you had) PDF of the Annual Report — the same four cards, the same sales table, a "Generated [date]" timestamp in the corner, and the disclaimer footer.
The PDF is what most users hand to a tax advisor or store with their year-end records. For details and tips, see Exporting your Annual Report as PDF.
A note on tax
The banner at the bottom of the page says it directly: this report is for informational purposes only and doesn't constitute financial or tax advice. The numbers are accurate as a record of what you sold and what you paid.
But how those numbers translate into your actual tax bill depends on your filing situation, your other capital gains and losses, the 28% collectibles tax rate that the IRS applies to physical precious metals in some circumstances, and a hundred other things Gold Silver Ledger can't see.
Where to go next
Short-term vs. long-term gains explained: The 1-year holding rule and why it matters.
How cost basis is determined: Specific Identification, in plain English.
Exporting your Annual Report as PDF: Tips for filing and sharing.
Exporting your Annual Report as CSV: Column-by-column reference.
Why you should still consult a tax advisor: The disclaimer, unpacked.