Choose the accounting method

When you sell some quantity of securities, there are two ways how they can be accounted:

• You can account the quantity of securities by FIFO method (first-in, first-out), here named First Bought First Sold:

  Here, you can see that 5 shares have been subtracted from the first bought shares.

• You can account the quantity of securities by LIFO method (last-in, first-out), here named Last Bought First Sold:

  Here, you can see that 5 shares have been subtracted from the last bought shares.

Notes:

• This accounting method used for calculating Cost, Gain and Loss, so, be careful of choosing the correct method.
• This method can be chosen for all securities in the investment portfolio. You can’t use different methods for different securities.

To choose the accounting method, do the following:

1. Click on the Menu button:
2. On the Menu tab, click the Settings item:
3. In the Settings dialog, select the Investments page.
4. Select the method by checking the appropriate checkbox:
   • FIFO – First Bought First Sold (it is used by default):
   • LIFO – Last Bought First Sold:
5. Click the Done button.