IIRC the stock split assistant adjusts the basis to match the split numbers. I think even when there is cash in lieu for fractional shares that gets taken into account too, which is more likely in a buy-out.
On Sat, Jul 30, 2022 at 6:11 PM replicon <repli...@gmail.com> wrote: > I'm trying to capture the AMZN stock split that took place a while back. > > I was surprised by the UI, since instead of "enter split ratio" or > something like that, it wants me to manually calculate additional stock. > > Is the correct way to do it: > > - Multiply stock holdings by 19, and add that as additional stock (since > it's 20-to-1) > - Set the "new price" to the value it had when the split occurred > > My concern is, since stock purchases we track in GNUCash include the basis, > doesn't the stock split tool cause it to lose track of cost basis? > > I imagine the correct way to track things like capital gains is that any > transaction where stock was received at a certain price should be > supplanted with a new transaction for 20x that much stock, at 1/20 of the > value at time of receipt. Is that not correct? Or is that actually > happening under the hood without my noticing? > > Thanks! > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > 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. > -- David Carlson _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org 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.
