[GNC] Fwd: Bonus share entry

Christopher Lam christopher.lck at gmail.com
Wed Mar 6 06:31:39 EST 2019


I wouldn't book this gift of shares as a zero-cost purchase.

I'd book it as as a full-priced BUY transaction, but with corresponding
account from Income:Gifts rather than Asset:Bank.

Because I'm not accountant I don't know what is the tax treatment of this
gift and would ensure the Income:Gifts is recorded and reported, and let
them decide if tax is due.

On Wed, 6 Mar 2019 at 19:28, Gnucash Xboxboy Mageia <
xboxboy.mageia+gnucash at gmail.com> wrote:

> On Wed, Mar 6, 2019 at 9:38 PM Derek Atkins <derek at ihtfp.com> wrote:
>
> > The cost may be zero, but the value is not.
> > Maybe just enter them as 0.01?
> >
> > -derek
> > Sent using my mobile device. Please excuse any typos.
> > On March 6, 2019 6:07:28 AM Gnucash Xboxboy Mageia
> > <xboxboy.mageia+gnucash at gmail.com> wrote:
> >
> > > Hi all,
> > > I have some bonus shares that were issued with no cost to me:
> > >
> > > I am having trouble entering them without a cost. When I put 0 as the
> > cost,
> > > on the next line 1 appears, and I am unable to get rid of it.
> > >
> > > Perhaps I'm doing this the wrong way, and need to be entering them as a
> > > share split?
> > >
> > > In this case, I had 100 shares, and got issued 16 for no cost: so I
> have
> > > 116 in total.
> > >
> > > Any ideas?
> > >
> > > Thanks,
> > > Xboxboy
> > > _______________________________________________
> > > gnucash-user mailing list
> > > gnucash-user at gnucash.org
> > > To update your subscription preferences or to unsubscribe:
> > > https://lists.gnucash.org/mailman/listinfo/gnucash-user
> > > If you are using Nabble or Gmane, please see
> > > https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
> > > -----
> > > Please remember to CC this list on all your replies.
> > > You can do this by using Reply-To-List or Reply-All.
> >
> >
> >
> Hi Derek,
>
> I've attached a picture, I don't think I'm explaining very well.
>
> Please see attached.
>
> What can I do about that imbalance line?
> Many thanks,
> Xboxboy
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> If you are using Nabble or Gmane, please see
> https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>


More information about the gnucash-user mailing list