Help with stock/currency changes
Dave Peticolas
dave@krondo.com
Mon, 30 Oct 2000 22:57:13 -0800
Luke Diamand writes:
> Hi!
>
> I've just started to use gnucash in order to help me pay my upcoming
> income tax.
>
> The problem I have is this. Last financial year, the company I work for
> changed from being a UK company to a US company. I had a handful of the
> UK company shares and these were taken away and replaced with shiny new
> US shares.
>
> So - how do I represent this in gnucash?
>
> It doesn't seem to want to let me just transfer shares from one stock
> account (in GBP) to another (in USD).
>
> So I tried pretending that I'd sold all my UK shares and then
> transferred this to a currency GBP/USD account, and then bought US
> shares (what exchange rate? what price?) but my head started to spin at
> this stage.
>
> Should I just not bother, or is there an easy way to do this?
There is no easy way at the moment, no.
dave