How to enter Wesfarmers/Coles demerger?

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  • Updated 1 month ago
How do I enter the Wesfarmer/Coles demerger in Personal Plus
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Marion

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Posted 3 months ago

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John Mardling

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I'm no expert, but I think we'll have to wait until we know what the cost base is of the Coles shares. Related to that, I can't add the COL (COL.AX?) index either.
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Leanne Veitch

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Now that we know the cost base split that goes with Coles grp taken from Wesfarmers I can't see the best option in Reckon after trying a few options.  Any tips?
Thanks

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Richard

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I don't know if you have solved the query above, but I successfully used the "Corporate Securities Spin-Off" option available in the Drop Down box under "Enter Transactions" for your Investing Account.  As per advice on the Wesfarmer's website Coles value to use is $12.8459 and Wesfarmers $31.5848.
Frustratingly as per John's advice above Coles prices are still not coming through on the Automatic update - any clues?
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John Mardling

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Thanks Richard - I'll give it a go tomorrow.