Book clsoing [was: Re: Addition of HBCI support, Maturity of 1.7-branch, next stable release time frame?

[David Hampton]

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On Tue, 2002-04-16 at 09:08, Linas Vepstas wrote:
> On Mon, Apr 15, 2002 at 08:36:41PM -0700, David Hampton was heard to rema=
rk:
> > On Mon, 2002-04-15 at 18:57, Linas Vepstas wrote:
> > >=20
> > > 1) save what kind of accounting method is used (FIFO, LIFO, or=20
> > >    one of the other IRS/tax-authority approved methods).
> >=20
> > There really isn't such a thing. =20
>=20
> Well, actually, there is.  Well, OK, your right, there isn't for=20
> cap gains schedules for personal income taxes, but when you do corporate=20
> income taxes, there's only a few accounting methods tht the IRS=20
> recognizes, and they're listed in little checkboxes on the form. (I forge=
t=20
> the acronyms, MCARS or MACRS or something like that). But you get the
> point.   And they vary from country to country.

Good to know.  I've never done corporate returns so I had no idea about
their rules.

David


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