Well, depending where you live, I think you might want to "dispose" of delisted and worthless shares so that you can capture the capital loss for tax purposes.
In the asset account linked to this one security ... I would create a new transaction -xxxx for the Shares (where "xxxx" is the total shares you own), and $0.00 for the price - that's it (ie, nothing under Transfer because there are no proceeds, nothing entered in Sell). This results in net balance of exactly 0 shares for the asset account linked to the security. You should then be able to scrub the account (to capture the capital loss for the disposed shares). I tried this just now it and it all seems to work. Finally, you can hide the asset account if you never want to be reminded of that bad investment again. -----Original Message----- From: gnucash-user <[email protected]> On Behalf Of Cam Ellison Sent: Wednesday, 30 December 2020 4:11 PM To: smada46 <[email protected]> Cc: [email protected]; gnucash-user <[email protected]> Subject: Re: [GNC] Bankrupt stock On 2020-12-29 14:18, smada46 wrote: > I have a stock that went bankrupt, i.e. zero value. I have tried > repeatedly to remove the stock by selling the shares at $0.00 per > share, but no matter what combination I use, it changes the cost or > amount so it does not remove the shares. For example, I put -2000 > shares in and $0.00 in cost and zero under the sell column. After I > hit enter, the shares show 1980 not zero. How do I get rid of this > stock? Why would you want to remove it? Use the Price database to set its value to zero. The Portfolio reports will not include it unless you specifically select it. Regardless of their value, you still own those shares - and will always own them. So you can't sell them - either in real life or in GnuCash. HTH Cam _______________________________________________ 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. _______________________________________________ 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.
