Stock splits

davidvernonlong's Avatar

davidvernonlong

29 Mar, 2020 04:16 PM

I transferred my history from Quicken to Moneydance.
Some of the stock splits in Quicken did not appear in Moneydance, so the cost per share was incorrect, and it through up some strange capital losses when the stocks were sold.
So I created the stock splits in Moneydance, but this only seemed to make the problem worse. I expected to see the average cost to be the total cost of the share divided by the number of units, but that was not the case, so I suppose Moneydance uses a different way to calculate average cost.
So, I tried to delete my manual split transactiion and start again, but I vcannot find a way to delete it, and as there is no transaction showing up in the register I am stuck. How can I delete the manually entered stock split transaction?

  1. 1 Posted by -Kevin N. on 29 Mar, 2020 06:24 PM

    -Kevin N.'s Avatar

    Hi davidvernonlong,

    How can I delete the manually entered stock split transaction?

    From the Moneydance menu bar, go to Tools > Securities.
    Double-click the security in question.
    At the bottom of the resulting window, you can remove the split.

    -Kevin N. (not a member of MD support)

  2. 2 Posted by davidvernonlong on 29 Mar, 2020 10:35 PM

    davidvernonlong's Avatar

    Hi, thanks
    That worked as far as deleting the stock split and I have now re-input the
    correct stock split, and I have the correct balance in number of shares.
    However, when I sold the shares the Capital Gains report is using the wrong
    cost and a different cost to that shown on the Cost Basis report, which is
    correct.
    Regards
    David

  3. System closed this discussion on 28 Jun, 2020 10:40 PM.

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