Can't we have 4 Lot Identification default choices?

There was talk last January about an update that added default Lot Identification choices. There are 4 Lot ID choices; First In, Last In, Minimum Gain and Maximum Gain. Yet there are only 2 default choices; First In and Last In. Let's finish the job!
5
5 votes

New · Last Updated

Comments

  • Jim_Harman
    Jim_Harman SuperUser ✭✭✭✭✭
    And the choices should be worded the same as in the Specify Lots Sold dialog:
    First Shares In
    Last Shares In
    Minimum Gain
    Maximum Gain

    Currently the first choice is "Quicken Default (First shares in for Equities)" which is confusing - the choice is for all securities, not just equities, and when making this selection it is not helpful to know that this is the default in the Specify Lots Sold dialog.
    QWin Premier subscription
  • RedCab
    RedCab Member ✭✭
    I agree completely!! For me, "minimum gain" is my default behavior.
  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    I'll mention that if you DON'T specify exact lots to your broker when selling ... the brokerage is almost certain to select First In, First Out (AKA, FIFO) for all securities being sold.
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • RedCab
    RedCab Member ✭✭
    nothing new on this? The lack of this feature costs me about an hour a month and a sore wrist from a lot of clicking through. I have a managed account that always sells lots chosen for minimum gain. I have to go thru them one by one...
    click accept
    click specify lots
    click minimum gain
    click ok
    wait

    rinse and repeat...
Sign In or Register to comment.