[GNC] Lots and Average Cost Base

[Karl]

Hello!

If I am understanding Chapter 9.7 Selling Shares correctly, the "Automatic
Calculation of Capital Gain or Loss Using Lots" cannot be used when the
average cost base method is used. Is that correct?

In other words, in order to calculate my capital gain/loss using the
average cost method, this must be done manually? Therefore, the automatic
"lots" function is of not use/value to me.

I'm a Canadian and our tax laws require use to use the ACB (adjusted cost
base) when determining capital gain/losses: "proceed of disposition, less
ACB, less cost of sale = capital gain/loss".

Thank you!

Regards,

*Karl*