> On May 21, 2017, at 1:27 AM, Chris Good <[email protected]> wrote: > > May 18, 2017; 8:59pm > <http://gnucash.1415818.n4.nabble.com/template/NamlServlet.jtp?macro=user_nodes&user=375103> > David Carlson-4 > <http://gnucash.1415818.n4.nabble.com/template/NamlServlet.jtp?macro=user_nodes&user=375103> > Re: Trial Balance does not include amount of Return of Capital Investment > splits > > Chris, > > It has been several years since I had a similar situation, but I see that > GnuCash still has a stock split assistant (Chapter 11, I think of the > tutorial) which helps to mash all of the parts of a split into a single > transaction. Did you try that? > > David C > > > > Hi David C, > > > > Thanks for the suggestion, but as far as I can see, the Stock Split Assistant > is only for when the no of shares either increases (split) or decreases > (merger). In fact you cannot proceed unless you enter a no of shares. My > requirement is a return of capital where the basis is reduced but the no of > shares does not change. The return of capital is actually my attempt to > record the first part of what should probably be referred to as a spin-off > (as David T says) where 1 stock is reduced in value (but not the no of > shares) and, the 2nd part, another stock is increased by the same (in this > case) value WITH a no of shares issued. > > > > I really don’t see much value in the Stock Split Assistant. It creates a > split for the stock account, with the no of shares entered and 0 Price and 0 > value. I haven’t seen this before. As I have not had to record any splits or > merges, I have not done any testing of reports to see if they work with this. > > > > The assistant does create a record in the price db if you enter something in > the new price, which is presumably so the commodity can be correctly valued > in the Advanced Portfolio Report or Trial Balance if you select Price Source > ‘Nearest in time’, but the assistant seems to assume that the cost basis does > not change which makes it of limited value to me. (Note to myself: I think > the guide documentation needs to be made clearer about what it actually does. > The example should also show what splits are created when you enter a Cash In > Lieu value.) > > > > When I tested entering a new price, I already had a price db record for the > same date (from previous testing), and this caused GnuCash to crash. I’ll > enter a bug for this. >
Chris, No, a spin-off does add shares, they're just shares of a new stock. You can use the split assistant to add the shares and then edit the resulting transaction to change the transfer account to the spun-off stock. Regards, John Ralls _______________________________________________ gnucash-user mailing list [email protected] https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
