Thanks for the suggestions so far. I had not thought of the re-parent option. That would be quite easy, although I had embedded a hint at the broker name in the names of the original set of security accounts, which would complicate that process a bit if I use it. I know that there is no need in GnuCash to accurately reflect all the details required to be 100 % legal with the government regulations. The new brokerage identifies each transaction as 'Transfer of Assets ACAT Receive' and they do include a value for each security, but I am sure there is further documentation not shown that could (and would) be used for regulation compliance. This case is a roll-over IRA and so the regulations are a little different than for other types of accounts. I think the biggest problem might be how to handle GnuCash reports about the history with the previous brokerage after the re-parenting. A big part of my final decision will be how much work does it take to implement it and whether details that I consider important are included. Maybe I would need to create a separate set of 'Before' books to use for some reports.
On Wed, Nov 20, 2024 at 5:42 AM sunfis...@yahoo.com <sunfis...@yahoo.com> wrote: > Imight just create the base brokerage account and reparent the individual > stock and mutual fund accounts into the new brokerage. > > Otherwise, zero dollar transactions sending shares only? Note that this > would likely affect capital gains calculations... > > David T. > > On Nov 20, 2024, 9:19 AM, at 9:19 AM, David Carlson < > david.carlson....@gmail.com> wrote: > >I opened a new brokerage account at a different provider and I asked > >them > >to transfer all the securities directly from the previous provider > >without > >selling and buying. This was allowed, I think, because they were all > >held > >in street name at the previous provider. They are both US brokerage > >houses. > >I do not see that scenario covered in the Tutorial. How should I cover > >this in GnuCash? I presume that I need to create a group of accounts > >similar to the old set for the new broker, but then how do I move the > >securities without selling and buying? > > > >-- > >David Carlson > >_______________________________________________ > >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. > > -- David Carlson _______________________________________________ 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.
