stop losses and a bit of panic, page-44

d_giff,

There is no problem with what I described. As long as the end numbers match up. It would however be very complex rearranging your transactions to give exactly the same result (in terms of total gain/loss) as submitted on the tax return. As long as for each year it balances out to what you told the ATO and the records you keep are consistent it is OK (though you may have to completely re-write them - easy on a computer. Though as I said it only really works when you have at least two companies where you have bought and sold shares frequently over a period of time and had a background large holding, so is unlikely to be helpful most of the time. I have never bothered with it as the size of my profits on any one blue chip trade is usually small and not worth the effort even if the situation were to arise, and with my specs I tend to start with a single purchase of a large holding at a cheap price and gradually sell off parcels as the price goes up.