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annual lifo support

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Posted by Paolo Dolci on September 12, 2003 at 07:36:45:

Hi,

I'm trying to set up Fund manager for my needs, but I couldn't find a way to tell it to "cluster" shares by year.
The reason I'm asking this is because italian taxation rules say that one of the possible ways to compute capital gains is to calculate an average cost of acquisition for every year, and then calculate gains with what we call "annual LIFO method": I've to subtract the shares I sell from the last year "packet" of shares, calculating the gain as (revenues from selling - average cost of the last year)

Is there a way I could set this up ?

Hope I made myself sufficiently clear.

thanks in advance,
Paolo


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