[Kmymoney-devel] Converting shares

[Jack]

On 2013.12.04 19:39, Ian Neal wrote:
> On 05/12/13 00:06, Allan wrote:
>> On 04/12/13 23:32, Ian Neal wrote:
>>> Is there currently a way of converting one stock type into another  
>>> within KMyMoney?
>>> 
>>> The situation is that I have an existing stock holding, lets call  
>>> it Acme Class 1, and the company has decided to convert these all  
>>> into Acme Class 2 with a conversion ratio of 1:0.6
>>> 
>>> I cannot see any obvious way of doing apart from adding a sell of  
>>> Acme Class 1 and a buy of Acme Class 2.

>> I've never had to do this myself, but I think this is where you  
>> would use a split, where you enter the denominator in the quantity  
>> field, which would take care of the quantity adjustment.  However,  
>> then you have to take care of the change of name.
>> 
>> I would probably use remove and add rather than sell and buy.  
>> Whether you do the split before or after, is probably your choice.   
>> There could possibly even be a case for a third, interim, stock, to  
>> receive the removed amount, do the split on those, then remove those  
>> and add to your real second stock.  Whether that is necessary, or  
>> better, or silly, is again your choice.

> I think I should probably create a new feature request for this  
> functionality.
I just opened bug 328575 (https://bugs.kde.org/show_bug.cgi?id=328575)  
as I just had the same issue.  For bookkeeping purposes, my broker  
opened a new account for me, and transferred several stocks to that  
account from my existing account, although no split was involved.

> Might even have a go at programming it, if I ever get the time.

What I did in this case was to do a "remove shares" to bring the total  
to 0.  I then duplicated the remove transaction, moved that transaction  
to the new account, and then changed it to "add shares" so it had  
exactly the same number of shares.

Jack