Clint, Don’t sweat the pennies in stock basis, they don’t make a practical difference anywhere.
For splitting the DRIPs bases alternate the rounding so that for the first one your basis is (e.g.) .45 and your sister’s is .46, the second your basis is .46 and your sister’s is .45, and so on. Notice that if there are an even number of such dividends you come out even and if there are an odd number your sister comes out .01 ahead. That’s to promote familial peace. It doesn’t actually matter, Regards, John Ralls > On Jun 18, 2026, at 09:30, Clint Chaplin <[email protected]> wrote: > > Hmm, I actually have two use cases, neither of which involve stock splits, > sorry for the deke. > > I and my sister inherited some stock from our father, split 50/50. It took > several years to settle the estate, and meanwhile the stock split 2 for 1 > twice and kept DRIPping. When it came time to actually distribute the stock, > we had to split the original stock with the basis at the time of death, and > also the subsequent DRIPs. If the total value of a DRIP happened to be odd, > then the amount bequeathed to each person when split 50/50 would have a half > cent. > > Second use case: spinoffs. To record the split, the original stock is "sold" > for the original value and basis, and then "bought" for the modified value > and basis, which could be any fraction of the original value and basis (in my > case, .9581688 of the original amount and basis), while the remainder value > is used to "purchase" the spun off stock (in my case, .0418312 of the > original value). This ain't gonna be an even number of cents... > > On Thu, Jun 18, 2026 at 8:54 AM Derek Atkins <[email protected] > <mailto:[email protected]>> wrote: >> Keep in mind that gnucash does not store the price in the register, it >> stores the #shares and total $value. Are you saying you would have a mil in >> the total value of the split? >> -derek >> Sent using my mobile device. Please excuse any typos. >> >> On June 18, 2026 11:38:28 Clint Chaplin <[email protected] >> <mailto:[email protected]>> wrote: >> >>> Unfortunate. My use case is stock that has split. The suggested way to >>> record this change in basis in GnuCash is to sell all the stock, and then >>> rebuy at the split quantities at the new pricing. This will lead to >>> amounts that are fractions of a penny, but simply cannot be recorded in >>> GnuCash with the current restriction. >>> >>> Even worse is when a spinoff happens and needs to be recorded. The basis >>> of the stock needs to be modified, but the only way I can see is to "sell" >>> and "buy" at the new basis, but the total amount per purchase cannot be in >>> fractions of a penny. >>> >>> When I have over 100 lots to do this to, the rounding to the nearest penny >>> will catch up... >>> >>> On Wed, Jun 17, 2026 at 2:53 PM John Ralls <[email protected] >>> <mailto:[email protected]>> wrote: >>> >>>> No, no more than you can get a 10th of a penny at the bank or the grocery >>>> store. Prices can be in fractions of a penny, amounts cannot. >>>> >>>> Regards, >>>> John Ralls >>>> >>>> >>>>> On Jun 16, 2026, at 10:39 PM, Clint Chaplin <[email protected] >>>>> <mailto:[email protected]>> wrote: >>>>> >>>>> Is there a way to set GnuCash to take USD tenths and mils on some >>>>> accounts? My default is USD, if that matters... >>>>> >>>>> -- >>>>> Clint (JOATMON) Chaplin >>>>> _______________________________________________ >>>>> gnucash-user mailing list >>>>> [email protected] <mailto:[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] <mailto:[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. >>>> >>> >>> >>> -- >>> Clint (JOATMON) Chaplin >>> _______________________________________________ >>> gnucash-user mailing list >>> [email protected] <mailto:[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. >> >> > > > > -- > Clint (JOATMON) Chaplin _______________________________________________ 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.
