This article explains how to manually choose trade parcels in Navexa so a sell trade uses the exact buy parcels you want for capital gains tax reporting.
Plan availability: Manual parcel selection is available on Premium and Pro AUD plans. It is not included in Basic or Standard AUD plans.
How Parcel Selection Works
In Australia, when you sell only part of a holding, the ATO allows you, in certain cases, to identify the specific buy parcels used for calculating capital gains tax (CGT).
This is commonly referred to as the Specific Identification method.
Navexa lets you manage CGT strategy at the portfolio level, holding level, or trade level. If you want the most detailed level of control, you can manually choose the exact buy parcels for an individual sell trade.
Levels Of Tax Control
Navexa gives you three levels of control when working with CGT parcel selection:
Portfolio level — Set one default tax strategy for the portfolio.
Holding level — Override the portfolio strategy for a specific holding.
Trade level — Manually choose the exact buy parcels for a specific sell trade.
Most investors leave their CGT strategy at the portfolio or holding level. Manual parcel selection is there when you want trade-level precision for a specific sale.
When To Use Manual Parcels
Manual parcel selection is useful when:
you or your accountant want a sell trade matched to specific buy parcels
you want more control over how a particular sale appears in your CGT reporting
you have a portfolio or holding strategy in place, but want to make an exception for one sell trade
you sold only part of a holding and want Navexa to reflect that parcel split accurately
You do not need to use manual parcels for every sell trade. If you do nothing here, Navexa will use the CGT strategy already set for the portfolio or holding.
How To Add Manual Parcels
Select Portfolio in the far-left navigation rail, then open the relevant portfolio and holding.
Open the Trades tab.
Click the sell trade you want to edit. The Tax settings section will expand below it.
Click Add new parcel.
In Buy trade, select the buy parcel you want this sell to use.
In Quantity sold, enter how many units from that buy parcel were sold.
Click Save.
Repeat these steps if the sell trade needs to be split across multiple buy parcels.
After saving, you can use Edit to change a parcel allocation or Remove to delete it.
You can come back and change this later.
After saving a manual parcel, you can use Edit to update it or Remove to delete it.
How It Affects Your Tax Result
Manual parcel selections take precedence over your broader tax settings for that sell trade.
If you allocate the full sell quantity manually, Navexa will use those selected parcels for the CGT calculation on that trade.
If you only allocate part of the sell quantity manually, Navexa will use your manual parcel selections first. Any remaining quantity will then follow the current CGT strategy set for the portfolio or holding.
Common Questions
These questions explain how manual parcel selection works.
Do I Need To Do This For Every Trade?
No. Manual parcel selection is optional.
Most investors use portfolio-level or holding-level tax settings for most sells, and only use manual parcels when they want extra control for a specific transaction.
Can I Change A Parcel Later?
Yes. After saving a manual parcel, you can click Edit to change the selected buy parcel or quantity, or click Remove to delete that parcel allocation.
Why Can’t I See The Parcel I Need?
Navexa only shows buy parcels with available units remaining.
If a parcel has already been fully used in earlier sells, it will no longer appear as available to allocate.
Can I Change A Parcel Later?
Yes. You can edit or remove an existing manual parcel selection from the Tax settings section of the sell trade.
Why Can’t I Access Manual Parcel Selection?
Manual parcel selection requires a Premium or Pro AUD plan. Basic and Standard AUD plans do not include it. You can still use the automatic CGT strategy set for your portfolio or holding.
To review your plan, select Account (the avatar) at the bottom left of the rail, then Billing & Subscription. Select Upgrade Plan to review the available Basic, Standard and Premium plans.
Remember, this is general information, not personal financial advice.