For what it's worth, users should also know that this method establishes a new date of acquisition for the shares, which may affect short term versus long term capital gains calculations if the user isn't careful.
-------- Original Message -------- From: Robin Chattopadhyay <robinra...@gmail.com> Sent: Fri Jan 22 08:32:45 EST 2021 To: Peter Lamb <peter_lamb2...@yahoo.com.au> Cc: Gnucash Users <gnucash-user@gnucash.org> Subject: Re: [GNC] Representing fund restructure in Gnucash Hi Peter- This is also how I have done similar transactions (and in-kind transfers to a new broker). One thing to note is that this method will also create a new price record in the price database. So I also go into the price editor and remove that extra, invalid price. On Fri, Jan 22, 2021 at 3:35 AM Geoff <cleanoutmys...@gmail.com> wrote: > Hi Peter > > From what you have said, the new security will inherit the old > security's cost base. So I would create a transaction to reduce the old > one to zero and add the new quantity to the new one. Blank out the > price and put in the cost base as the value - GnuCash will calculate the > price. > > Screenshot #1 attached shows an example where "BHP" is the old security, > and "CBA" is the new security. > > Hope this helps. > > Geoff > ===== > > On 22/01/2021 6:08 pm, Peter Lamb via gnucash-user wrote: > > I own some Exchange Traded Fund stocks, and one of the stocks has been > > restructured: the stock I owned has been converted into another stock, > > so that 1 ABC share (the original stock) has been converted into N DEF > > shares. I have only been provided with the ratio of share values, not > > with prices. No money changed hands. > > > > How do I represent this in Gnucash? > > > > Peter > > > _______________________________________________ > 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. > -- --- Typed with my thumbs and sent from my iPad. _______________________________________________ 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.
