[GNC] Stock spinoff

[Geoff]

Hi Fred

First up you need more details on this transaction to determine the 
exact nature of the spin-off, the valuations, and whether ABC treated it 
as a dividend, capital reduction, or combination of both.  Was there a 
cash payment as well?  Any fractional shares involved?  Were capital 
gains/losses crystallised or carried forward?

ABC should have sent you information about this, otherwise Google it.

You may find this article helpful:-
https://www.henssler.com/spin-offs/

Once you have all the details, we can suggest how to record it in GnuCash.


Regards

Geoff
=====

On 4/12/2022 11:15 am, Fred Tydeman wrote:
> In looking at the Help file within GnuCash, I found a section on Splits and
> Mergers.  After reading that section, I still do not know how to enter a
> Spinoff.  That it, I have 25 shares of ABC stock.  They did some kind of
> spin off and gave me 1 share of XYZ stock.  I still have 25 shares of ABC.
> How do I record this?
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