Share split Cost Basis no longer correct

Andrew Kernan's Avatar

Andrew Kernan

13 Jan, 2019 09:09 PM

Folks,
As attached you can see the cost basis for a stock split in Moneydance 2019 is now showing incorrectly.
The actual costs of the holdings is now being multiplied by the split ratio. This should not be the case.
How can i get the Cost Basis to remain unchanged after the split?
Thanks
Andy

  1. 1 Posted by dwg on 13 Jan, 2019 09:46 PM

    dwg's Avatar

    I'm a fellow user.

    I'm trying to see if I can duplicate your problem, however none of the reports I have looked at seems to match the final one in your PDF.

    Which report is it?

    I'm thinking there may just be a problem in the report itself rather than in any data.

  2. 2 Posted by Andrew Kernan on 13 Jan, 2019 10:21 PM

    Andrew Kernan's Avatar

    Hi there,
    It is the standard “portfolio view” and not a specific report
    It is the 1st of the selectable options the others being:
    Register
    Bank register
    Securities detail

    Cheers
    Andy

    Andrew Kernan.
    Mob: 07740095769
    Sent from my iPhone

  3. 3 Posted by dwg on 14 Jan, 2019 01:52 AM

    dwg's Avatar

    Chuckle, the last place I would have suspected.

    I have a stock that has has a significant share consolidation - a reverse of a stock split. I'm seeing no change in the total cost basis just changes in the number of shares held and the cost per share as expected.

  4. 4 Posted by Andrew Kernan on 14 Jan, 2019 10:36 AM

    Andrew Kernan's Avatar

    Are you using the new 2019 version?
    I am sure the cost basis was correct up until I updated.
    Cheers
    Andy

    Andrew Kernan.
    Mob: 07740095769
    Sent from my iPhone

  5. 5 Posted by dwg on 14 Jan, 2019 10:48 AM

    dwg's Avatar

    Indeed I am, I have been testing it through the beta period, the only difference is that I was using build 1846 but the only change for release was to the licensing as far as I am aware.

    Just to be sure I have installed Build 1847 and have the same result

    Another user may be able to provide a further reference point

  6. 6 Posted by Andrew Kernan on 14 Jan, 2019 11:53 AM

    Andrew Kernan's Avatar

    Ok. Well thanks for your input anyway.
    I do have the problem across all my holdings that have split
    So guess I will wait and see what I hear from the support folks.
    Cheers
    Andy

    Andrew Kernan.
    Mob: 07740095769
    Sent from my iPhone

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