[Kmymoney-devel] Converting shares
ostroffjh at sbcglobal.net
Mon Dec 9 14:40:24 UTC 2013
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
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.
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