(Canadian

Not likely that you will get an answer to this as Quicken rarely pre-announces what features whey are working on. Meanwhile, simply click to add your VOTE to the top of this page to help influence the priorities by the developers. Your VOTES Matter!Is there any plan to add the Canadian method of calculating adjusted cost base based on average cost? This was available with previous versions of Quicken.
Long overdue.Is there any plan to add the Canadian method of calculating adjusted cost base based on average cost? This was available with previous versions of Quicken.
Ok but you still need to click VOTE at the top if you want your voice to be counted. ;-)Is there any plan to add the Canadian method of calculating adjusted cost base based on average cost? This was available with previous versions of Quicken.
The latest Windows version of Quicken for Canada is still performing adjustedAt least now I know why my Cost Base is wrong. Didn't know US was different method from CA. Thanks Jfor for posting.
I have created a Quicken for Mac file which shows that Quicken does not handle average cost sells correctly. The Security is set up as having Average Cost. It has 3 buys before a sell. The 3 buys are:
2448.529 shares for $35,000, 3797.678 shares for $54,000 and 1047.236 shares for $15,000. The total is 7293.443 shares for $104,000 with an average cost per share of $14.26.
Now the sell of 589.868 shares at $14.41/shares should reduce the total cost basis by $8,411.52. Subtracting $8,411.52 from $104,000 gives a net cost basis of $95,588.48. The total cost basis that Quicken shows on the portfolio page is $95,568.25. If you subtract this value from $104,000 you get the cost basis that Quicken reduced the cost basis by, i.e., $8,431.75. If you divide this value by the number of shares sold (589.868) you get the average per share cost basis that Quicken used, i.e., $14.29. Quicken should be using $14.26. See the following image.