Thank you, I’ll give that a shot … Alan
> On 14 Dec 2024, at 09:03, Dr. Gideon Fell <drgf...@gmail.com> wrote: > > My answer, which I've been doing for a while, is to go the the originating > company and have the cost taken out of there and use that as a buy cost of > the spin-off. > For example Berry just recently spun off Magnera. so the cost basis, as > reported by your brokerage, for Magerna I handle as coming out of Berry and > then being used in a "buy" of Magnera. This handles the cost as a return of > capital from Berry. The only complication, if any, is cash in Lieu for > fractional shares of the spun-off company. This I finessed as a dividend from > Magnera. This gets it > e.g. 34 shares Magnera was spun off with a cost basis of $400.00, so > $400.00 was put as coming from Berry. > > I hope this is clear. > > Ron B. > > >> On 12/13/24 19:24, Alan Taylor wrote: >> Hello, >> I have searched the archive with no real resolution. I have several fairly >> simple stock splits to handle. I have done lots of reading and I think I >> understand the principles, but still don’t have a solid best practice for >> applying it in GnuCash. >> So for a simple (e.g.) 1 for 10 split, no cash involved, does anyone have >> any suggestions ? >> Best Regards, Alan >> _______________________________________________ >> 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. > > > -- > "This is so abstract, it must be topologically invariant" - Raoul Bott > _______________________________________________ > 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. _______________________________________________ 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.
