Capital Gains Summary

To access this report from within Capital Assets select Reports | Capital Gains Summary.  

The Capital Gains Summary will calculate a capital gain (or loss) for following entries that have been made during the currently selected tax year or accounting period and list them without including all the calculations.

• Asset disposals

• Share holding disposal events

• Other capital gains

The summary report simply lists the following for all the disposals in the year:

• Date of disposal

• Description

• Proceeds from disposal

• Net Gain or Loss (after taper relief if applicable)

• Any losses deducted from the gain.

The summary also provides information about earlier years losses and how they've been offset, if at all.