Stock Split
Moneydance will not update the stock when I use the "Stock Split" option. It still displays the original quantity, but reflects the current price.
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1 Posted by Harry Chesley on 24 Jun, 2015 03:50 PM
I am seeing the same thing. The history for the stock shows the split that I entered, but the stock quantity is the same as it was before the split. I'm running version 2015.5 (1225).
2 Posted by Tom Freeman on 24 Jun, 2015 05:35 PM
There is a bug in the stock split function that the quantity will not update unless you close and reopen the program. i have attached a ticket to this thread.
Tom Freeman
Infinite Kind Support
3 Posted by James Downey on 25 Jun, 2015 02:12 AM
Thanks, I actually tried that right after I sent the support email and noticed it worked.
Maybe the next update will fix it.
Thanks
4 Posted by Ben B on 07 Nov, 2015 04:34 PM
Hi,
I am trying to do a stack split and it just doesn't work. It doesn't revise the number of shares and the "New Price" window is not relevant to a stock split. The shares split by the ratio and so does the price.
This is a problem that a mature software shouldn't have. I've tried every way I can think of. Maybe someone can point me how to do it. The only way I can see it to edit the original purchase as if it was the post-split price and shares so at least it could calculate capital gains correctly.
5 Posted by Tom Freeman on 07 Nov, 2015 07:25 PM
The bug still hasn't been fixed. I am sorry and still can't give a timeline for when it will be. The split still doesn't show until the program is closed and reopened.
The new price field is to adjust the current price field in relation to the split. This may seem counter intuitive but some of our users manually enter their investment transactions from quarterly statements and this allows the current price field to be set retroactive to the split for those who do not keep regular price updates.
I just tried a split and sale afterwards and the cost basis was correct. I admit the UI is not the most informative but the results were as they should have been.
If this is not the case for you, if you could provide screen shots of the cost basis report edited fore the split security and the securities detail window, as well as let me know the version of MD you are using I can try to figure out what went wrong.
Tom Freeman
Infinite Kind Support
6 Posted by Ben B on 08 Nov, 2015 03:12 PM
Tom - Thanks for the information. It hadn't clicked that you have to enter the split and then close the program and reopen. Seemed to work OK. Not pretty but it works.
7 Posted by nospam on 04 Feb, 2016 11:42 AM
As a new user this problem just took 2 hours of my time wasted trying to figure out what was going on before I reached the conclusion that there was a problem - now confirmed in the discussion here. I've got a lot of stock history to tidy up after an import of 20 years data from Quicken 98. Having to stop and restart the program to check every stock split will be a right pain. Given this has been known for at least 6 months, is there a plan to fix it? If not, why not? How often do bug fixes get released? I haven't paid for Moneydance yet and am wondering if there is a better option. The stock split functionality seems a bit of a cludge. I would have expected an entry in the register for a stock split and also the capability to have a name change. I can't stick with Quicken because it's no longer supported in UK.
8 Posted by Tom Freeman on 07 Feb, 2016 11:16 PM
It is still in the bug que. I admit the investment part of Moneydance is a bit clunky. Part of the issue is the lead developer wanted to keep the program as simple as possible. If you want to change the name you simple have to go to would go to the securities detail window for that security click the history button, click the edit button next to the name and change the name in the edit security window.
Tom Freeman
Infinite Kind Support
9 Posted by Ian L on 09 Feb, 2016 12:51 PM
We've fixed the stock split bug as of build 1345 of Moneydance. You can download the updated version here:
http://infinitekind.com/preview
Please let me know if you have any other problems with this bug.
Ian
Infinite Kind Support
10 Posted by harvey on 20 Mar, 2016 11:37 PM
Just tried it for a reverse split (1:65). The app does show the new, correct info immediately … until I quit the app. When I return, the split entry is still there in history but the calculations are all wrong.
11 Posted by harvey on 21 Mar, 2016 12:39 AM
Looks like that only happens if I quit immediately following the entry. It seems to remain correct if I first do other transactions before quitting
12 Posted by Ian L on 21 Mar, 2016 02:21 PM
Hi Harvey,
I'm not able to duplicate this in the latest version of Moneydance. Could you try updating to that version and let me know if you still see a problem?
http://infinitekind.com/downloads
Ian L
Infinite Kind Support
13 Posted by cabwright60 on 05 Jun, 2016 06:49 AM
I dont think the stock split bug has been fixed. Am I missing an update? I have moneydance 2015, and I had to close the programme and reopen it again to make sure the quantity was updated.
14 Posted by Ian O on 05 Jun, 2016 09:27 AM
Hi,
You can check what version you are running within Moneydance by navigating to Moneydance --> About Moneydance. The latest stable version is Moneydance 2015.7 build 1358, if you are running an older version you can download the latest build here.
If you have upgraded and are still experiencing issues please let us know.
Ian O
Infinite Kind Support
System closed this discussion on 02 Oct, 2016 02:33 AM.