[GNC] Stock Split - am I doing this right?

[nvsoar]

On 07/30/22 16:10, replicon wrote:
> I'm trying to capture the AMZN stock split that took place a while back.
>
> I was surprised by the UI, since instead of "enter split ratio" or
> something like that, it wants me to manually calculate additional stock.
>
> Is the correct way to do it:
>
>     - Multiply stock holdings by 19, and add that as additional stock (since
>     it's 20-to-1)
>     - Set the "new price" to the value it had when the split occurred
>
> My concern is, since stock purchases we track in GNUCash include the basis,
> doesn't the stock split tool cause it to lose track of cost basis?
>
> I imagine the correct way to track things like capital gains is that any
> transaction where stock was received at a certain price should be
> supplanted with a new transaction for 20x that much stock, at 1/20 of the
> value at time of receipt. Is that not correct? Or is that actually
> happening under the hood without my noticing?
>
> Thanks!

FWIW - costbasis.com  has assisted me in getting numerous stock 
transaction calculations correctly.  No charge, donations accepted.   nvsoar