[kmymoney] [Bug 494827] Stock split ratio won't allow for accurate Schwab ETF stock split
Matthew Schultz
bugzilla_noreply at kde.org
Wed Oct 16 01:58:20 BST 2024
https://bugs.kde.org/show_bug.cgi?id=494827
--- Comment #2 from Matthew Schultz <mattsch at gmail.com> ---
(In reply to Jack from comment #1)
> I suppose one possibility would be to allow KMM to split less than the
> entire number of owned shares, but I'm not certain it's a good idea, and it
> wouldn't happen soon. In your case, one approach would be to do the full
> 3:1 split, and then sell the extra partial shares for the amount Schwab paid
> you. It's not a strictly accurate representation of what happened, but it
> leaves your balances correct.
> In the long run, perhaps we can switch this to a wishlist for an option to
> split whole shares only and consider the value of the partial shares some
> sort of dividend. You might then also need to specify whether or not you
> get the one extra share if your partial is over on third of a share.
> Certainly worth thinking about.
That's a good idea to sell the shares after the split but something goes wrong
with the split as well. 242.2707 shares with a 3-for-1 split becomes 726.8100
in the balance instead of 726.8121. Then when I sell the 0.5414 shares, the
balance yields 726.2686 shares (should be 726.2707) which throws off the
investment value as well. Why does the balance start to miscalculate as soon
as I add the 3-for-1 split?
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