0 price for total loss of shares

[Steve]

---- Stefano M Canta <cantastefano at gmail.com> wrote: 
> A 0.0 price does not work.
> Let's say I have 100 shares and I have a loss on 2.
> I will write a transaction for  -2 shares at a price of 0, but the advanced
> report for some reason can't compute the basis anymore when I have two or
> three of these total loss transactions.
> 
Um.. you've lost me. 
A share implies an equal share. You can't have 100 shares, 2 of which are priced at 0.0 and the other 98 are priced at something else. I assume I'm mot understanding your meaning.

However, I do see a problem.
I started a new set of accounts, created a security, symbol ABC under assets ad bought 100 shares for $1000.00.
Next I used the price editer and set the price to 0.00 the day after I bought it.
Then I ran the advanced report for that day. It correctly shows the basis as $1000.00 and the current value of $0.00.

The next day I entered a transaction to sell the worthless shares for $0.00. The value of 0.0 in the deposit column is removed and the dialog asking how many shares to sell does not appear. I don't have time now but I will try to add the capital gains and see if that makes any difference.

Also, and this is a question more than an answer, if you sell the stock, it doesn't show up in the advanced report any more, correct? 

Steve
> 
> 
> On Wed, May 15, 2013 at 6:15 AM, Steve <zephod at cfl.rr.com> wrote:
> 
> >
> > ---- Stefano M Canta <cantastefano at gmail.com> wrote:
> > > Hello,
> > > How do I insert a price of 0 USD for the total loss of some stock shares?
> > > If I just subtract the shares without any price from the stock account,
> > the
> > > advanced portfolio report has issues computing the basis.
> >
> > Have you disposed of these shares or do you still own them?
> >
> > If you still own them you could go to the price editor and manually enter
> > a price of 0.0. I'm assuming that you can no longer get a quote. I don't
> > have GC on this machine so I can't give you the exact steps.
> >
> > If you have disposed of the shares then just enter a normal sell
> > transaction with 0.00 as the amount received from the sale. I suppose that
> > this amount could be negative if you still had to pay fees and/or
> > commisions.
> >
> > Steve
> >