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| In microsoft.public.money, Nancy wrote: - quote - > I am having serious problems posting spinoffs, especially if the original
Based on your symptom, I think you are using Money 2007. They fixed> company has more than one purchase lot. After I finish going through the > spinoff routine, the "Add Shares" portion deducts the adjusted cost from > cash, (as if it were a stock purchase not an Add share)which it should not > do. Spinoffs don't usually affect cash, only an adjustment in basis between > the original company and the new spinoff company. > The only way I can figure out to get around this is to delete the spinoff > and record it manually, which is a pain! Can you fix this? that in Money Plus. So what you need to do to work around this is to make a single Deposit in the cash transactions register to compensate for the sum of all of those transactions. I would leave the category blank unless you want to use a category associated with adjustments. State the purpose of the transactions in the Memo. |
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| I am having serious problems posting spinoffs, especially if the original company has more than one purchase lot. After I finish going through the spinoff routine, the "Add Shares" portion deducts the adjusted cost from cash, (as if it were a stock purchase not an Add share)which it should not do. Spinoffs don't usually affect cash, only an adjustment in basis between the original company and the new spinoff company. The only way I can figure out to get around this is to delete the spinoff and record it manually, which is a pain! Can you fix this? -- Nancy M Reynolds Reynolds Financial Services, Inc 1602 Princeton Road Richmond, VA |
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| spinoffs |
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