I'm trying to figure out how to count capital gains on the sale of Bitcoin. When I try and do a journal entry to credit an other Income account of Capital Gains, I need to debit something. If I debit my BTC wallet, it adds Bitcoin to my account, where as I don't have anymore, just what I sold was worth more. Please help.
I understand that Crypto is more like an Asset, it's confusing when QuickBooks has this offered as a currency. If I'm a multi-national company and I deal with multiple currencies at all times, there would be capital gains and losses from the exchanges of currency. Why is this not calculated automatically based on the buying and selling orders?