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Suncorp Share Consolidation

Terry

Has anyone dealt with the recent Suncorp 0.8511 share consolidation? The problem is that after applying the 0.8511 multiplier to the number of shares, there is a fraction of a share remaining. Suncorp say that this fraction should be "rounded up".

Can anyone tell me how I do this "rounding up" in Reckon Home & Business?

Comments

Acctd4

Hi @terry

You’ve posted in the Reckon Accounts Desktop category but @GerryWinter is the H&B guru & might be able to answer this ? 😊

Terry

Hi @Acctd4

Thank you for your response and suggestion.

@GerryWinter - do have any suggestions?

Thanks,

Terry

GerryWinter

Not sure but I will play with the sample file and see what I come up with.

Terry

Many thanks, Gary. I hope you are able to devise a solution.

Terry

SORRY!! Gerry NOT Gary!! My apologies.

Terry

Hi Gerry

Have you had any success with getting Reckon to address the consolidation of shares issue? Any assistance you can provide would be very gratefully received.

Thanks

Terry

GerryWinter

I would like to have a look at how you done this transaction, see if you send me your details privately i can jump into your machine and you can show me what you did.

Could you not make the difference a cash portion and then in future you would use it to make a full share.

Terry

Hi Gerry

I was doing some searching on Reckon Community and I found the attached post by Graham Boast re the Dexus consolidation.

I followed these instructions and they worked perfectly for my Suncorp consolidation. No need to "reinvent the wheel!"

Thank you for your help.

Terry

stock consolidation Reckon Community.pdf

GerryWinter

Please send me the link that you found

Terry

Sorry, Gerry. I thought you would be able to get the link from the pdf in my last post.

Hopefully this link will work.

stock consolidation Dexus — Reckon Community

Terry