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tax lot cost

German translation: siehe unten

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20:27 Aug 2, 2006
English to German translations [PRO]
Bus/Financial - Accounting
English term or phrase: tax lot cost
We can accommodate any cost calculation methodology including:
average cost
...
*tax lot cost* by FIFO, LIFO, highest cost, lowest cost and selected lot
...
Gert Sass (M.A.)
Germany
Local time: 21:01
German translation:siehe unten
Explanation:
Tax-Lot Accounting
Cost calculation methodology including tax lot cost by FIFO, LIFO, highest cost, lowest cost, and selected lot. For lot accounting, an average lot cost per share is used; as each lot is delivered down to zero shares, the next lot is used.
http://www.mellon.com/assetservicing/productsservices/accoun...

3. Managed Asset Reporting Services ("MARS"): Management believes that as a result of the tremendous growth within the fee-based financial advisory segment of the industry over the past ten years, many institutions have been seeking ways to improve their reporting capabilities in order to provide their clients with better deliverables and "value added" services. During 1995 PMC entered into an agreement with National Financial Correspondent Services, Inc. (NFCS), to manage their newly created performance reporting service called MAPS Tool Box ("MAPS"). MAPS provides NFCS's correspondents with access to high quality, quarterly performance reports and tax lot, cost basis, fully accrued account statements. This service is targeted at high net worth clients managed by financial planners and financial consultants who use the securities clearing services of NFCS.
http://www.secinfo.com/dnbRx.99.htm

Leider keine bessere Erklärung gefunden. Vielleicht nutzt es trotzdem oder vielleicht kann jemand dies deuten.
LIFO und FIFO sind übrigens Abkürzungen für Last In First Out und First In First Out.
Selected response from:

Johannes Gleim
Local time: 21:01
Grading comment
Danke Johannes für Deine Anregungen. Leider kein Glosspost möglich.
2 KudoZ points were awarded for this answer

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Summary of answers provided
2siehe unten
Johannes Gleim


Discussion entries: 2





  

Answers


1 hr   confidence: Answerer confidence 2/5Answerer confidence 2/5
siehe unten


Explanation:
Tax-Lot Accounting
Cost calculation methodology including tax lot cost by FIFO, LIFO, highest cost, lowest cost, and selected lot. For lot accounting, an average lot cost per share is used; as each lot is delivered down to zero shares, the next lot is used.
http://www.mellon.com/assetservicing/productsservices/accoun...

3. Managed Asset Reporting Services ("MARS"): Management believes that as a result of the tremendous growth within the fee-based financial advisory segment of the industry over the past ten years, many institutions have been seeking ways to improve their reporting capabilities in order to provide their clients with better deliverables and "value added" services. During 1995 PMC entered into an agreement with National Financial Correspondent Services, Inc. (NFCS), to manage their newly created performance reporting service called MAPS Tool Box ("MAPS"). MAPS provides NFCS's correspondents with access to high quality, quarterly performance reports and tax lot, cost basis, fully accrued account statements. This service is targeted at high net worth clients managed by financial planners and financial consultants who use the securities clearing services of NFCS.
http://www.secinfo.com/dnbRx.99.htm

Leider keine bessere Erklärung gefunden. Vielleicht nutzt es trotzdem oder vielleicht kann jemand dies deuten.
LIFO und FIFO sind übrigens Abkürzungen für Last In First Out und First In First Out.

Johannes Gleim
Local time: 21:01
Native speaker of: Native in GermanGerman
PRO pts in category: 15
Grading comment
Danke Johannes für Deine Anregungen. Leider kein Glosspost möglich.
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Changes made by editors
Aug 3, 2006 - Changes made by Steffen Walter:
Field (specific)Economics » Accounting
Field (write-in)accountancy » (none)


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