Request Accounting | Explore about Cost Basis and Tax Lots
Welcome to the official guide on managing cost basis and tax lots with Request Accounting, the all-in-one crypto accounting platform. In this video, we’ll walk you through how to calculate and update your cost basis, as well as manage tax lots for better token tracking and reporting.
Learn how to apply cost basis methods like FIFO, LIFO, and Average Cost, and discover how Request Accounting simplifies the process by automatically recognizing tokens in your wallet. We’ll also guide you through manual updates when necessary, ensuring accurate tracking of your crypto assets.
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