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Easier way to record spin-off

Questions about updating prices or transactions in Fund Manager

Postby moonlighter » Thu Oct 03, 2024 5:26 am

Just create a new investment in the usual way for the spun off shares. Then open the data register for the spun off shares. Modify the "Purchase" record by changing the "Value" and "Price" parameters both to zero. If you have a default cash account for the portfolio the cash record created when the new investment was created is automatically deleted. The cost basis for the spun off shares is zero which is correct.
:mrgreen:
moonlighter
 
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