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No, a stock split should not be recorded as a purchase. That will change your holding period and cost basis.
If you already have a stock split transaction in the register you need to open it and then click the edit button and check these items.
The transaction date should be the date of the split. Not the date of the original purchase.
The security name is correct
New shares
Old shares
Memo: (optional) Transfer IN
Do not enter price after split. It will ruin your cost basis info if you do.

Any fractional shares held should show as sold in the "cash in lieu" transaction.
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