To accurately record the spin-off on 30/9, you need to register a notional value in a receivable account instead of zero, even if no cash was received for the transaction. Specifically, you should record the $0.31 plus $3.55 on 30/9 in the receivable account. When the cash is distributed on 10/3 and 06/2 to your bank account, you can offset these amounts against the receivable . Please verify if this approach suits your scenario.
Saludos Cordiales Murugan ________________________________ From: gnucash-user <[email protected]> on behalf of Kalpesh Patel <[email protected]> Sent: 05 January 2026 19:22 To: 'Gnucash Users' <[email protected]> Subject: [GNC] Looking for best way to approach for a security spinoff Hi GNC community - I was hoping to get advice from seasoned folks as to how I should capture below transactions (can the event be even captured?) in GNC for a security so that the report doesn't display divide by zero error which currently does. Here is the sequence of entries as reported by the broker/dealer : 09/30/24 - spin-off of a security - Quantity 3 10/02/24 - spun-off securities sold off - Quantity 3 10/03/24 - In-lieu cash payment for the spun-off - $0.31 06/02/25 - More In-lieu cash payment for the spun-off - $3.55 If it helps, the security has the symbol of AMTM (Amentum Holdings Inc) which was spun off from Jacobs having ticker of J. Attached is the CSV export of the register in case it clarifies anything or better details, and I do have checked Use Trading Accounts property for the book. The current message displayed is: There is an error processing the transaction 'spinoff of 0.00 currency units'. This may to be caused by a sell transaction causing a negative stock balance, and a subsequent buy transaction causing a zero balance. This leads to a division-by-zero error. It can be fixed by preventing negative stock balances. Thanks and wishing happy, healthy and prosperous new year to the GNC community. _______________________________________________ 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.
