Although the UI allows 1 transaction with splits in >1 stock, I believe that there's zero likelihood that portfolio reports are written to handle them. Therefore I would recommend that a stock merger is recorded as two separate transactions -- (1) original stock sale as cash into the broker account, recording capital gains in the process. (2) using the cash to purchase new stock. This is very likely the cleanest record of a stock merger. There's an upcoming stock-transaction assistant being worked on which will assist creating stock transactions, and will *not* be able to handle a stock merge in 1 step.
On Sat, 19 Feb 2022 at 04:16, Al <vanilla.sour...@gmail.com> wrote: > Geoff wrote: > > Hi Al > > > > We need to tweak your transactions to fix the cost basis on the Advanced > > Portfolio Report. > > > > Also from a tax accounting perspective, there are two ways to treat this > > merger, depending whether it realised a capital gains event or not. I'll > > cover both scenarios from a GnuCash perspective, but please note that I > > am not an accountant. > > Many thanks Geoff, the information that you provided will be quite helpful. > > I'm waiting a bit on tweaking the transaction until I find out the > capitol gain status, although I am fairly sure that there is no capitol > gain other than the .72 fractional share amount. I'd just like to see > that in writing before committing the transaction. > > Al > _______________________________________________ > 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. > _______________________________________________ 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.
