About Open Lot Wash Sale Adjustments

The Book Wash Sale Adjustment panel allows you to manually add an open lot wash sale adjustment. An open lot wash sale adjustment adjusts a targeted open lot when no close lot is present. The wash sale adjustment updates an open lot on one security without updating a close lot. For example, you may need to enter this type of adjustment during the month following a conversion.

The system uses the value in the Manual Wash Sale Type field on the Book Wash Sale Adjustment panel to identify the type of wash sale adjustment you are adding.

To add an open lot wash sale adjustment, identify the open lot you are adjusting and set the Manual Wash Sale Type field (tag 157) to a value of Open Lot Adjustment. When you select Open Lot Adjustment, the system displays additional fields that allow you to identify the security and open lot you are adjusting. After you select an open lot in the Choose Lot to Change field, you can update the following fields:  Adjusted Open Hld Per Date, Washsale Close Trade Date, Current Washsale Disallowance B, Current Washsale Disallowance L, Washsale Disallowance Term, Washsale Trade Ticket Number, Washsale Close Event ID, Washsale Close Trade Ticket Number, Washsale Close Event Type, Washsale Close Security Alias, Washsale Close Post Date, Washsale Close Acct Date, Washsale Close monthly Accounting Date, Total Close Quantity, Washsale Close Quantity, Washsale Total Cls Loss B, Washsale Total Cls Loss L, Washsale Open Holding Date, Washsale Original Open Event ID, Washsale Original Open Trade Ticket Number, Washsale Original Acquisition Date.