I wouldn't book this gift of shares as a zero-cost purchase. I'd book it as as a full-priced BUY transaction, but with corresponding account from Income:Gifts rather than Asset:Bank.
Because I'm not accountant I don't know what is the tax treatment of this gift and would ensure the Income:Gifts is recorded and reported, and let them decide if tax is due. On Wed, 6 Mar 2019 at 19:28, Gnucash Xboxboy Mageia < xboxboy.mageia+gnuc...@gmail.com> wrote: > On Wed, Mar 6, 2019 at 9:38 PM Derek Atkins <de...@ihtfp.com> wrote: > > > The cost may be zero, but the value is not. > > Maybe just enter them as 0.01? > > > > -derek > > Sent using my mobile device. Please excuse any typos. > > On March 6, 2019 6:07:28 AM Gnucash Xboxboy Mageia > > <xboxboy.mageia+gnuc...@gmail.com> wrote: > > > > > Hi all, > > > I have some bonus shares that were issued with no cost to me: > > > > > > I am having trouble entering them without a cost. When I put 0 as the > > cost, > > > on the next line 1 appears, and I am unable to get rid of it. > > > > > > Perhaps I'm doing this the wrong way, and need to be entering them as a > > > share split? > > > > > > In this case, I had 100 shares, and got issued 16 for no cost: so I > have > > > 116 in total. > > > > > > Any ideas? > > > > > > Thanks, > > > Xboxboy > > > _______________________________________________ > > > gnucash-user mailing list > > > gnucash-user@gnucash.org > > > To update your subscription preferences or to unsubscribe: > > > https://lists.gnucash.org/mailman/listinfo/gnucash-user > > > If you are using Nabble or Gmane, please see > > > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > > > ----- > > > Please remember to CC this list on all your replies. > > > You can do this by using Reply-To-List or Reply-All. > > > > > > > Hi Derek, > > I've attached a picture, I don't think I'm explaining very well. > > Please see attached. > > What can I do about that imbalance line? > Many thanks, > Xboxboy > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. > _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
