value and cost basis report

[Mark]

Hi Paul,

Unfortunately, there isn't a way to do that in the Custom report currently. You have to pick one (or all) of the accounting methods. It would be good to add a "Tax basis (Assigned)" set of fields, so you can choose this one, and it would calculate based off the assigned accounting method. It would be similar to how you can create Capital Gains reports, and choose either a specific accounting method, or the assigned property. This is something I hope to get into the next major update.

You can however create an "Open Lots" report, and choose the "assigned" property to report on. This will give it to you per lot though, and not for the whole investment.

[paulk]

Mark

Thanks for the update. In the meantime I have simply added both the avg cost and fifo cost fields to that report. I then only have to spot check the accounts for which those totals are different. A Tax Basis Assigned field would be awesome in a future upgrade.

Thanks again for the patience and help.

The software is very good but the tech support is outstanding.