Thanks everyone: I think David's tab trick worked. It appears to have worked anyways.
Now my next trick, is a double trick: During the ownership of a company, it has changed it's name/code. How does one best handle this? and I have 163 shares in a company that had a capital reconstruction, and after wards it has 98 shares: So the reverse of a stock split: Can the stock split process handle this? I appreciate everyone's input. Xboxboy On Sat, Mar 9, 2019 at 5:32 PM Chris Good <[email protected]> wrote: > -----Original Message----- > From: D <[email protected]> > Sent: Thursday, 7 March 2019 12:26 PM > To: Chris Good <[email protected]>; Gnucash Users < > [email protected]> > Subject: Re: [GNC] Fwd: Bonus share entry > > Chris, > > That's a bad idea. It messes up the lots as you note, it screws up the > acquisition dates (important for tax purposes in the US), and ultimately > it's not what happened. Since it is possible to add zero cost shares using > tab (instead of enter), there is no reason to use this approach. You > certainly don't *have* to use it. > > David > > On March 7, 2019, at 2:29 AM, Chris Good <[email protected]> wrote: > > Message: 6 > > Date: Wed, 6 Mar 2019 22:00:16 +1030 > > From: Gnucash Xboxboy Mageia <[email protected]> > > To: Derek Atkins <[email protected]> > > Cc: [email protected] > > Subject: Re: [GNC] Fwd: Bonus share entry > > Message-ID: > > > > <CAKFYoHp0Q5P+1uMDVM=aO=WHE+iYNBd8vc9ib5oHaiHRyG8=0...@mail.gmail.com> > > Content-Type: text/plain; charset="utf-8" > > > >> On Wed, Mar 6, 2019 at 9:38 PM Derek Atkins <[email protected]> wrote: > >> > >> The cost may be zero, but the value is not. > >> Maybe just enter them as 0.01? > >> > >> -derek > >> Sent using my mobile device. Please excuse any typos. > >> On March 6, 2019 6:07:28 AM Gnucash Xboxboy Mageia > >> <[email protected]> wrote: > >> > >>> Hi all, > >>> I have some bonus shares that were issued with no cost to me: > >>> > >>> I am having trouble entering them without a cost. When I put 0 as > >>> the > >> cost, > >>> on the next line 1 appears, and I am unable to get rid of it. > >>> > >>> Perhaps I'm doing this the wrong way, and need to be entering them > >>> as a share split? > >>> > >>> In this case, I had 100 shares, and got issued 16 for no cost: so I > >>> have > >>> 116 in total. > >>> > >>> Any ideas? > >>> > >>> Thanks, > >>> Xboxboy > >>> _______________________________________________ > >>> gnucash-user mailing list > >>> [email protected] > >>> To update your subscription preferences or to unsubscribe: > >>> https://lists.gnucash.org/mailman/listinfo/gnucash-user > >>> If you are using Nabble or Gmane, please see > >>> https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > >>> ----- > >>> Please remember to CC this list on all your replies. > >>> You can do this by using Reply-To-List or Reply-All. > > Hi Derek, > > > > I've attached a picture, I don't think I'm explaining very well. > > > > Please see attached. > > > > What can I do about that imbalance line? > > Many thanks, > > Xboxboy > > -------------- next part -------------- A non-text attachment was > > scrubbed... > > Name: Screenshot_20190306_215426.png > > Type: image/png > > Size: 34424 bytes > > Desc: not available > > URL: > > <http://lists.gnucash.org/pipermail/gnucash-user/attachments/20190306/ > > 8a2c7c73/attachment.png> > > > > Hi XBoxBoy, > > If the tax authorities have agreed that you are getting these bonus shares > for zero cost, then to keep the cost correct in GnuCash you will have to do > a dummy sell of all your existing shares at cost, and then in another > transaction, buy them, including the bonus qty, at the same cost. Assuming > this is for your personal accounting, it probably doesn't matter which > account you use for the other side in each transaction - you could probably > use either a bank account (and if you reconcile that bank account, flag the > transactions as reconciled even though they never appear on a bank > statement) or an Equity:Opening Balances account - you should check with > your accountant. > > Doing this will mean manually keeping track of lots bought and sold when > determining costs of future sales. > > Regards, Chris Good > > Hi David, > > You're right, I was confusing this with the problem where the Advanced > Portfolio Report doesn't handle Return Of Capital transactions, but it > seems to handle zero cost and price transactions OK. Sorry for the bad > advice XBoxBoy. > > Regards, > Chris Good > > _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
