Merge is the combination of two or more corporations into one. Manual adjustment is required by the user to account for the new stock because of the various brokerage statements.

Make the necessary adjustments as follows:

  1. Select the records referring Merger
  2. Right-click the record and select the Trade Merge from its context menu
  3. A dialog box will pop up:
Function
Description
1.Enter Transaction

Select the transaction type.

Here are the following options from its dropdown list:

Stock Split/Reverse Split – A corporate action in which a companys existing shares are divided into multiple shares.

Stock Spin off– A spin-off is a new company formed by a split from a larger one. Brokers’ methods vary widely on how they report spinoffs in their statements.

Stock Merge– The combination of two or more corporations into one.

2.Transaction Date The actual date you merge the security to another
3.Account Choose the specific account name from the accounts list. If you choose <All Account> from the dropdown list, event will apply to all accounts.
4.Old Security Name
The name of security before the specific event. Enter the old security name manually in the Old Security Name field or Select it from the Symbol dropdown list.
5.Old Security Quantity
Number of shares before the specific event.
6.New Security Name
The name of the security after the specific event. Enter the new security name manually in the New Security Name field or Select it from the Symbol dropdown list.
7.New Security Quantity
Number of shares after the specific event.
8.New shares Issued
The split ratio is automatically calculated by New Security Quantity/Old Security Quantity.

After checking all the information you have entered, click the OK button to continue the process or click the CANCEL button to cancel the appending process.

4. After you have clicked the OK button, the following new record will be displayed:

The row outlined in red displays the New Merge trade record.

  • You can cancel this action with the Undo Button in the trade tab.