On 04/12/13 23:32, Ian Neal wrote:
Hi,
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.
Regards,
Ian
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.
Allan
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