Thank you for the suggestion. That sounds like it would address the capital gains but then I no longer have an accurate record of the original purchase.
On Sun, Sep 29, 2024, 8:57 PM Murugan Mariappan <m.muruganan...@hotmail.com> wrote: > Can you try to update the cost of the original transaction of the parent > company and scrub the account again to re calculate the cap gain > > > > Saludos Cordiales > > > Murugan > ------------------------------ > *From:* gnucash-user <gnucash-user-bounces+m.muruganandam= > hotmail....@gnucash.org> on behalf of Michael Matz <michael.m...@gmail.com > > > *Sent:* 29 September 2024 18:52 > *To:* gnucash-user@gnucash.org <gnucash-user@gnucash.org> > *Subject:* [GNC] stock spinoff and lots > > I've been using GnuCash for my personal finances for many years. I've > not used the stock lot feature until recently and am working thought my > old data and adding stock lots and capital gains transactions. > > How do I add a transaction to a lot, which changes the cost basis but > not the number of shares? > > In the user guide, I found a section about return of capital, which says > to enter a transaction in the stock account with 0 shares. However, that > transaction is not in the "Splits free" list in the lot editor so I > can't add it to the lot. > > > https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gnucash.org%2Fdocs%2Fv5%2FC%2Fgnucash-guide%2Finvest-retofcap.html&data=05%7C02%7C%7C616d4df336f0417f0c2508dce0d13ea0%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638632436528035919%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=Lk%2B%2FKFzdLomKyVKf6E8v1yOqDQub1DsnydxGZ3%2F%2FrcM%3D&reserved=0 > <https://www.gnucash.org/docs/v5/C/gnucash-guide/invest-retofcap.html> > > My need is slightly different, a spin-off rather than return to capital, > but it is essentially the same in that it changes the cost basis but not > the number of shares. I found this post which gets me most of the way > there: > > > https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Flists.gnucash.org%2Fpipermail%2Fgnucash-user%2F2018-February%2F074963.html&data=05%7C02%7C%7C616d4df336f0417f0c2508dce0d13ea0%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638632436528056733%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=ZGmz2jd%2Bd7KnvlUPZ%2BLM%2FGa34AmKyy7yqnIOg8xjsW4%3D&reserved=0 > <https://lists.gnucash.org/pipermail/gnucash-user/2018-February/074963.html> > > Following this, I can create a lot and the correct capital gains > transaction for the spin-off stock. However, the same issue exists with > the 0 share transaction for the parent company - it can't be added to a > lot so the cost basis for the parent stock is wrong. > > Am I missing something or is there no way to add a transaction to a lot > which changes the cost-basis but not the number of shares? > > Thanks, > > Michael > > GnuCash 5.4, Ubuntu > > > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > > https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Flists.gnucash.org%2Fmailman%2Flistinfo%2Fgnucash-user&data=05%7C02%7C%7C616d4df336f0417f0c2508dce0d13ea0%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638632436528068001%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=oSEdnRpUOmH8RDTjeRtdiWGGSQIdODfazO40G8WIJs0%3D&reserved=0 > <https://lists.gnucash.org/mailman/listinfo/gnucash-user> > ----- > 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 ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
