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My apologies. I see that Cam was the poster using this term. But I do think
you're not talking about shares in Costco (which the reference to a DRIP
would imply).
I'm pretty sure the use of the term "Costco dividends" was a
misstatement, and the poster was referring to a rewards program balance,
rather than shares in the Costco corporation. On
2026-01-05 18:00, Adam H. Kerman wrote: Dividends are ordinary income.
Credit the dividend income account, debit the asset. Is this a DRIP?
Then the asset is the stock account, otherwise it's a cash account.
I am not at all in disagreement with this approach, and would use it
as a general case. I chose my particular approach to separate it from
reportable dividend income, since it's a one-off, though now that MC has
changed its cashback method, I'll probably need to set up something more
orthodox for both. Cheers Cam
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- [GNC] How to Handle Mastercard Points Jerry Criswell (JC)
- Re: [GNC] How to Handle Mastercard Points Adam H. Kerman
- Re: [GNC] How to Handle Mastercard Points Cam Ellison
- Re: [GNC] How to Handle Mastercard Poin... Adam H. Kerman
- Re: [GNC] How to Handle Mastercard ... Cam Ellison
- Re: [GNC] How to Handle Masterc... David T. via gnucash-user
- Re: [GNC] How to Handle Ma... David T. via gnucash-user
- Re: [GNC] How to Handl... Adam H. Kerman
- Re: [GNC] How to H... Cam Ellison
- Re: [GNC] How to H... Adam H. Kerman
- Re: [GNC] How to Handle Mastercard Points R Losey
- Re: [GNC] How to Handle Mastercard Poin... Murugan Mariappan
- Re: [GNC] How to Handle Mastercard Points Tom Route36
