How Do I disable LIFO/FIFO in Quicken for Mac

mpo
mpo Quicken Mac Subscription Member ✭✭
edited January 30 in All Things Canadian (Mac)

Using Version 7.4.2 for Quicken Classic for Mac. I'm in Canada and I am not using LIFO or FIFO to calculate the Adjusted Cost Base for capital gains. Quicken for Windows seems to calculate the ACB without using LIFO/FIFO and matches my calculations on Excel to the penny. How can I get Quicken for Mac to calculated the ACB in the same way. Currently it is using Lots which I don't want.

Thanks

Comments

  • Jon
    Jon Quicken Mac Subscription SuperUser, Mac Beta Beta

    I'm not sure that you can. Right click on the account in the sidebar & select Account Settings, and at the bottom of the window you can see the Cost Basis options. LIFO & FIFO are the only ones I see for my investment accounts.

  • mpo
    mpo Quicken Mac Subscription Member ✭✭
    edited December 2023

    Thanks for reply. Quicken for Windows calculates the capital gains correctly for Canada so I will just use that until Quicken for Mac gets the capability.

  • Jon
    Jon Quicken Mac Subscription SuperUser, Mac Beta Beta

    I don't see any posts in the Product Ideas forum for Quicken Mac suggesting that they add new cost basis methods. You should create a post over there describing what methods you need added so other users can vote on it to bring it to the developers attention.

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