On 09/12/13 14:40, Jack wrote:
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
That makes four steps, and in Ian's case there is the further step of
doing the shares split.
I suspect that Ian is thinking of a single operation. Your idea of
allowing stock transfers could perhaps be a part of that as long as a
share split is optionally included.
Allan
_______________________________________________
KMyMoney-devel mailing list
KMyMoney-devel@kde.org
https://mail.kde.org/mailman/listinfo/kmymoney-devel
