Suncorp Share Consolidation

Terry · March 1

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?

Acctd4 · March 1

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 · March 1

Hi @Acctd4

Thank you for your response and suggestion.

@GerryWinter - do have any suggestions?

Thanks,

Terry

GerryWinter · March 2

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

Terry · March 3

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

Terry · March 3

SORRY!! Gerry NOT Gary!! My apologies.

Terry · March 9

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 · March 9

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 · March 11

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 · March 11

Please send me the link that you found

Terry · March 12

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

Suncorp Share Consolidation

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