[GNC] stock spinoff and lots
Michael Matz
michael.matz at gmail.com
Sun Sep 29 17:52:40 EDT 2024
I've been using GnuCash for my personal finances for many years. I've
not used the stock lot feature until recently and am working thought my
old data and adding stock lots and capital gains transactions.
How do I add a transaction to a lot, which changes the cost basis but
not the number of shares?
In the user guide, I found a section about return of capital, which says
to enter a transaction in the stock account with 0 shares. However, that
transaction is not in the "Splits free" list in the lot editor so I
can't add it to the lot.
https://www.gnucash.org/docs/v5/C/gnucash-guide/invest-retofcap.html
My need is slightly different, a spin-off rather than return to capital,
but it is essentially the same in that it changes the cost basis but not
the number of shares. I found this post which gets me most of the way there:
https://lists.gnucash.org/pipermail/gnucash-user/2018-February/074963.html
Following this, I can create a lot and the correct capital gains
transaction for the spin-off stock. However, the same issue exists with
the 0 share transaction for the parent company - it can't be added to a
lot so the cost basis for the parent stock is wrong.
Am I missing something or is there no way to add a transaction to a lot
which changes the cost-basis but not the number of shares?
Thanks,
Michael
GnuCash 5.4, Ubuntu
More information about the gnucash-user
mailing list