Add Shares for Stock Splits?

#1 06-01-2007, 07:26 PM

"Cal Learner-- MVP" wrote:

- quote -

> In microsoft.public.money, kdwamp wrote:
> > Re: Money 2006 Std.; I'm not comfy with the way stock splits are handled in
> > that there is no lasting transaction record in the Investment Account
> > Register to show date, split ratio (3-for 2; 1-for-5; 2-for-1;etc), extra
> > memo for new certificate number, etc. I am thinking of manually entering an
> > "Add Shares" transaction (on the record date of the split) and manually
> > adjusting prices of holdings to reflect the new per-share price (incl.
> > commision) & quantity. The only problem I forsee is if shares are sold before
> > they become "long-term capital gains" I would have to manually adjust the
> > date for the sake of the tax report. **My question: has anyone set up there
> > accounts this way and run into any problems? Am I missing something or is
> > this a viable alternative?
> If by viable you mean good, I would think no. If this is in a
> taxable account, it would make generating the capital gains info
> very awkward. It would also make the performance data pretty much
> useless.
> While it is not as easy to get to as you would like, a split is
> recorded in the price history.
> Go to the investment details.
> UpdatePrices-> UpdatePricesManually Look through the
> table and find the entries in the Source column that say "Stock
> Split".
> To record additional info for an investment, consider making a not
> in the Comment box in the Investment Details.

06-01-2007, 06:03 PM

In microsoft.public.money, kdwamp wrote:

- quote -

> Re: Money 2006 Std.; I'm not comfy with the way stock splits are handled in
> that there is no lasting transaction record in the Investment Account
> Register to show date, split ratio (3-for 2; 1-for-5; 2-for-1;etc), extra
> memo for new certificate number, etc. I am thinking of manually entering an
> "Add Shares" transaction (on the record date of the split) and manually
> adjusting prices of holdings to reflect the new per-share price (incl.
> commision) & quantity. The only problem I forsee is if shares are sold before
> they become "long-term capital gains" I would have to manually adjust the
> date for the sake of the tax report. **My question: has anyone set up there
> accounts this way and run into any problems? Am I missing something or is
> this a viable alternative?

If by viable you mean good, I would think no. If this is in a
taxable account, it would make generating the capital gains info
very awkward. It would also make the performance data pretty much
useless.

While it is not as easy to get to as you would like, a split is
recorded in the price history.

Go to the investment details.
UpdatePrices-> UpdatePricesManually Look through the
table and find the entries in the Source column that say "Stock
Split".

To record additional info for an investment, consider making a not
in the Comment box in the Investment Details.

#-1 06-01-2007, 05:38 PM

Re: Money 2006 Std.; I'm not comfy with the way stock splits are handled in
that there is no lasting transaction record in the Investment Account
Register to show date, split ratio (3-for 2; 1-for-5; 2-for-1;etc), extra
memo for new certificate number, etc. I am thinking of manually entering an
"Add Shares" transaction (on the record date of the split) and manually
adjusting prices of holdings to reflect the new per-share price (incl.
commision) & quantity. The only problem I forsee is if shares are sold before
they become "long-term capital gains" I would have to manually adjust the
date for the sake of the tax report. **My question: has anyone set up there
accounts this way and run into any problems? Am I missing something or is
this a viable alternative?

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