[GNC] Recording a "price margin code change"

[Geoff]

Hi Steven

Yes, this type of event is not unheard of.  You need to find out more 
information before deciding how to treat it in GnuCash.  In particular, 
did this trigger a capital gain/loss event, or does your existing cost 
basis carry forward.  Also was there an associated cash payout or 
dividend/distribution?

Regards

Geoff
=====

On 14/04/2024 12:35 pm, Steven N. Severinghaus wrote:
> Hi, all. I had an odd transaction labeled as a "price margin code 
> change" show up on a brokerage account recently. It appears to represent 
> having "sold" all of my shares at one price, then "buying" them back at 
> a slightly different price, with the difference made up in having 
> somewhat more or fewer shares, depending on the commodity. Afterward, I 
> have the same dollar value in the account, just with a different number 
> of shares at a different price.
> 
> Is there a good way to record this in Gnucash? It feels vaguely like a 
> stock split or merger, but I don't see exactly how I'd use that function.
> 
> I could just enter a single transaction that adjusts the number of 
> shares up or down, using the new price. After that, the dollar value of 
> the account would be the same as before and the number of shares would 
> match what the brokerage says, but there would be a crazy jump in the 
> price history for the commodity, and some corresponding income or 
> expense that is meaningless (representing the buy/sell of the shares at 
> the old price).
> 
> Alternatively, I could just create a new Gnucash account and commodity, 
> and basically "sell" all of the shares at the old price, then "buy" the 
> new commodity with that money. It would just cause a giant, meaningless 
> transaction sequence and would sort of disconnect the history of the 
> account. It feels like a worse choice, given that the price difference 
> is just a couple percent.
> 
> Hope that makes sense. Any thoughts? Anyone seen this happen before?
> 
> Regards,
> -Steve
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