[GNC] Stock Transaction

[Geoff]

Hi Jack

Yes, this can be handled the same way as your previous DFMGX -> DFMLX 
conversion.

You need to create a new Security and Account for SPGI.  Then work out 
the cost basis of your INFO securities and use that as the value of the 
transaction so that it becomes the cost basis of your SPGI securities 
and hence there is no capital gain/loss event.

Regards

Geoff
=====

On 3/03/2022 4:11 am, Jack Frillman via gnucash-user wrote:
> 
> I had a stock (INFO) in a company that was purchased by another company 
> (SPGI).  INFO no longer exists but I now have x shares of SPGI.
> What's the recommended way of recording this in GNUCash?
> 
> This looks very similar to a Mutual Find conversion I asked about a few 
> weeks ago. Can this stock transaction be handled the same way?
> 
> Thanks.
>