ACB (Cost Basis) Calculation
mark16
Quicken Canada Subscription Member ✭✭
Please add "average cost" to the FIFO and LIFO dropdowns in an investment account's settings and clarify how the "use average cost" (in Security Details) box is used relative to those dropdowns. Note, Canadian tax law requires use of average cost only (ie FIFO and LIFO are not allowed), so Canadians using Quicken can't rely on its cost numbers to prepare their tax returns.
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