David, You’re right that there’s no basis transfer with the Stock Split Assistant. I don’t remember offhand what the Stock Assistant does but I do recall that CDB-Man bringing up basis when he and Chris were developing that so it might handle it.
The best way that I can think of to record the basis transfer manually is to price the new-stock split and balance it with a 0 amount split in the old stock account more or less like a return of capital. That still doesn’t preserve the fact that the holding period for the new stock really begins when you acquired the old one. I don’t know if the lots scrubber can handle that. Regards, John Ralls > On Feb 12, 2026, at 19:48, David T. <[email protected]> wrote: > > John, > > I don't remember now, since I now use the manual method I mentioned, ISTR > that the assistants create a single whole share split and a cash split, > rather than create and sell off the fractional share. > > The problem I found with this was that there is no price entry made for the > spinoff, leaving the user in some doubt about the basis value of the new > stock. Further, the value of the cash in lieu isn't clearly deducted from the > basis, and I'm not sure the lot manager addresses this. > > I am also not sure whether the basis in Equity gets properly transferred from > the old to the new commodity. I believe it should? > > David T. > > > On February 13, 2026 7:48:16 AM GMT+05:30, John Ralls <[email protected]> > wrote: >> >> >>> On Feb 12, 2026, at 13:45, David G. Pickett via gnucash-user >>> <[email protected]> wrote: >>> >>> GNUCash seems to lack tools to allow me to deal with our 40 CMCSA spinning >>> off 6.2 VSNT, never mind how to handle the $6.70 from the .2 VSNT. I might >>> be in trouble because I started the CMCSA with opening balance, not a >>> historical buy. The basis is deep buried in family and ATT history, >>> derived off a stock option of the wife's first husband, also a David! They >>> have web sites for that sort of thing, but I have no record of his stock >>> receipt! Sometimes I use his death date, when title shifted to his wife, >>> but I am sure that is not a legal fudge. I suspect the difficulty >>> establishing a basis compounds the problems of showing the spinoff. I look >>> forward to having to report capital gains on .2 shares $6.70 ! Is there a >>> basis editor hiding in there somewhere? Maybe I can get the broker to do >>> $6.70 in fractional shares! One tutoring student made me aware that >>> Robinhood has people trading in tiny fractional shares, like 6 places! She >>> wants to keep the shares, as before he died, he said "Never sell, this is >>> good stuff!" I suppose it is another curse on her estate and executor, who >>> might be me! >> >> >> It’s basically the same as a stock split, you just get a different stock >> instead of more CMCSA. Both the Stock Split Assistant and the Stock >> Assistant know how to handle it. The $6.20 is called “cash-in-lieu” because >> they’re paying you cash instead of giving you fractional shares. >> >> Regards, >> John Ralls >> gnucash-user mailing list >> [email protected] >> To update your subscription preferences or to unsubscribe: >> 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. _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: 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.
