Re: What's the proper accounting way to handle a stock split?

[Richard Wackerbarth]

On Mon, 24 Apr 2000, [EMAIL PROTECTED] wrote:
> The engine records transactions, and as such,

needs to be able to reflect the tax decisions that I have made.

For example, the FIFO scheme may be the normal way I handle inventory.
However, I may decide to override it in some particular case. (Tax law 
permitting)

When I decide, either with the assistance of the FIFO report, or through
explicit designation of some other items, I should then be able to record 
that decision and later retrieve from the engine and report exact date of 
purchase, cost, etc. for the items that I sold in a particular transaction.

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