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Can I use excel to keep track of my capital gains using LIFO?

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#1 aj777


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Posted 13 January 2018 - 07:07 PM

Hi, I want to use excel to track my capital gains from my cryptocurrencies. If you don't know what cryptocurrencies are, just assume they're stocks, as it's the same thing for all intents and purposes.


Basically whenever I buy or sell a crypto, I want to enter the trading symbol (e.g. BTC), how much I bought or sold, the price per coin, and the fees.


I then want the spreadsheet to automatically calculate my capital gains whenever I sell, using LIFO accounting.


Is this possible?

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#2 britechguy


    Been there, done that, got the T-shirt

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Posted 15 January 2018 - 07:59 PM



There are scads of LIFO spreadsheet templates out there.  See these search results:  https://duckduckgo.com/?q=excel+%22lifo%22+spreadsheet+template&norw=1&t=hg&atb=v91-1&ia=web 


Specifically:  http://exceltemplate.net/finance/cost-of-goods-sold-calculator/



or dig around until you find one that has a presentation format you prefer.

Brian  AKA  Bri the Tech Guy (website in my user profile) - Windows 10 Home, 64-Bit, Version 1803, Build 17134 

     . . . the presumption of innocence, while essential in the legal realm, does not mean the elimination of common sense outside it.  The willing suspension of disbelief has its limits, or should.

    ~ Ruth Marcus,  November 10, 2017, in Washington Post article, Bannon is right: It’s no coincidence The Post broke the Moore story






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