Tricky Share Transaction

Tracy Green
Tracy Green Member Posts: 5 Novice Member Novice Member
edited October 2024 in Reckon Accounts (Desktop)
I am using Reckon Accounts Home and Business 2016. I have a share transaction to enter and I have no idea where to start. I will try and explain without confusing you! A company we had shares in underwent a re-structure. As a result, we ended up with a 1:1 allotment in a new company and a 1:1.246 allotment in another new company. There was no specified value and we neither paid nor received any monetary payments. If it helps, it was Westfield Group that re-structured by forming Westfield Corporation to handle its International operations and merging its Australian and NZ operations with Westfield Retail Trust to form Scentre Group. We received the 1:1 allotment in Westfield Corp and the 1:1.246 allotment in Scentre Group. (sorry, I bet I've confused you now!!) I need to know what actions I need to enter to update our share holdings.

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