Got it.
That's what I was hoping but wasn't sure.
Thanks,
Jack
On 3/2/22 6:55 PM, Geoff wrote:
Hi Jack
Yes, this can be handled the same way as your previous DFMGX -> DFMLX
conversion.
You need to create a new Security and Account for SPGI. Then work out
the cost basis of your INFO securities and use that as the value of
the transaction so that it becomes the cost basis of your SPGI
securities and hence there is no capital gain/loss event.
Regards
Geoff
=====
On 3/03/2022 4:11 am, Jack Frillman via gnucash-user wrote:
I had a stock (INFO) in a company that was purchased by another
company (SPGI). INFO no longer exists but I now have x shares of SPGI.
What's the recommended way of recording this in GNUCash?
This looks very similar to a Mutual Find conversion I asked about a
few weeks ago. Can this stock transaction be handled the same way?
Thanks.
--
Old Unix programmers never die, they just mv to /dev/null
- Anonymous
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