A wash sale adjustment in Eagle Accounting creates offsetting open and close lot adjustments associated with a wash sale. It reflects a loss disallowance against a close lot and a cost update against an open lot. The wash sale adjustment can apply to open and close lots in the same position, to open and close lots in different positions when the securities are substantially identical, or to an open lot when no close lot is available. The Manual Wash Sale Adjustment panel is helpful for post conversion accounting. You can add the following wash sale adjustments using the Manual Wash Sale Adjustments panel:
- Open lot wash sale adjustments
- Single security wash sale adjustments
- Substantially identical security wash sale adjustments
Manual Wash Sale Adjustments Panel Options
About Open Lot Wash Sale Adjustments
About Single Security Wash Sale Adjustments