Message: 6 > Date: Wed, 6 Mar 2019 22:00:16 +1030 > From: Gnucash Xboxboy Mageia <xboxboy.mageia+gnuc...@gmail.com> > To: Derek Atkins <de...@ihtfp.com> > Cc: gnucash-user@gnucash.org > Subject: Re: [GNC] Fwd: Bonus share entry > Message-ID: > <CAKFYoHp0Q5P+1uMDVM=aO=WHE+iYNBd8vc9ib5oHaiHRyG8=0...@mail.gmail.com> > Content-Type: text/plain; charset="utf-8" > >> 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 > -------------- next part -------------- > A non-text attachment was scrubbed... > Name: Screenshot_20190306_215426.png > Type: image/png > Size: 34424 bytes > Desc: not available > URL: > <http://lists.gnucash.org/pipermail/gnucash-user/attachments/20190306/8a2c7c73/attachment.png> >
Hi XBoxBoy, If the tax authorities have agreed that you are getting these bonus shares for zero cost, then to keep the cost correct in GnuCash you will have to do a dummy sell of all your existing shares at cost, and then in another transaction, buy them, including the bonus qty, at the same cost. Assuming this is for your personal accounting, it probably doesn't matter which account you use for the other side in each transaction - you could probably use either a bank account (and if you reconcile that bank account, flag the transactions as reconciled even though they never appear on a bank statement) or an Equity:Opening Balances account - you should check with your accountant. Doing this will mean manually keeping track of lots bought and sold when determining costs of future sales. Regards, Chris Good _______________________________________________ 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.
