Re: [GNC] Entering Dividend Confusion

2023-01-27 Thread Derek Atkins
Hi, On Fri, January 27, 2023 9:46 am, xboxboy.mageia+GnuCash wrote: > I really wish I had access to a FREE, OPEN SOURCE accounting package > like this 20 years ago! For the record, GnuCash was around 20 years ago... :) Indeed, GnuCash was even around last century! > Please remember to CC this

Re: [GNC] Entering Dividend Confusion

2023-01-27 Thread xboxboy.mageia+GnuCash
I just wish to thank everyone for their help again. I've successfully entered 35+ years!! of dividends, franking credits, left over credits, and dividend re-investments, name changes, and takeovers for one of my long term stocks. It all balances perfectly (couple hiccups along the way, but I

Re: [GNC] Entering Dividend Confusion

2023-01-24 Thread Murugan Muruganandam
sh.org Subject: Re: [GNC] Entering Dividend Confusion Thank you to all who have replied. I attempted to enter a split transaction in the 'dividend' income page, and then it vanished: I found it had transferred to the company stock tab: It appeared to be correct, and the amounts ending up in the c

Re: [GNC] Entering Dividend Confusion

2023-01-23 Thread R Losey
On Sat, Jan 21, 2023 at 3:28 PM flywire wrote: > R Losey wrote: > >> You need to make sure that your... stock is set up as an account type of >> "Mutual Fund" or "Stock" > > No you don't, dividends can be entered into a dividend account like any > other transaction. The main feature of a "Stock"

Re: [GNC] Entering Dividend Confusion

2023-01-22 Thread Derek Atkins
Hi, On Sun, January 22, 2023 7:31 am, xboxboy.mageia+GnuCash wrote: > Thank you to all who have replied. > > I attempted to enter a split transaction in the 'dividend' income page, > and then it vanished: I found it had transferred to the company stock > tab: It appeared to be correct, and the

Re: [GNC] Entering Dividend Confusion

2023-01-22 Thread xboxboy.mageia+GnuCash
Thank you to all who have replied. I attempted to enter a split transaction in the 'dividend' income page, and then it vanished: I found it had transferred to the company stock tab: It appeared to be correct, and the amounts ending up in the correct accounts :) So I was able to enter ALL

Re: [GNC] Entering Dividend Confusion

2023-01-22 Thread Maf. King
On Sunday, 22 January 2023 04:50:47 GMT xboxboy.mageia+GnuCash wrote: > > Thanks: Now which page/account/ledger do I do this on? The dividend > income one? the company dividend income one? the company stock one?? > When the dividends are being reinvested automatically, I enter the transaction

Re: [GNC] Entering Dividend Confusion

2023-01-21 Thread xboxboy.mageia+GnuCash
On 22/1/23 08:25, David Cousens wrote: TIA For a franked dividend where the net dividend amount is $x and the franking credit is $y, the transaction recording it will be generally of the form Asset:Bank account Dr $x Asset:Franking Credits Dr $y Income:Acme:Dividends Cr $x+$y Thanks: Now

Re: [GNC] Entering Dividend Confusion

2023-01-21 Thread David Cousens
Australia has a provision in its taxation law to prevent double taxation of the component of profits of companies paid out to shareholders as dividends. As company tax has already been paid on it, the shareholder is credited with a "franking credit" as part of the dividend which can be used to

Re: [GNC] Entering Dividend Confusion

2023-01-21 Thread David Cousens
TIA For a franked dividend where the net dividend amount is $x and the franking credit is $y, the transaction recording it will be generally of the form Asset:Bank account Dr $x Asset:Franking Credits Dr $y Income:Acme:DividendsCr $x+$y

Re: [GNC] Entering Dividend Confusion

2023-01-21 Thread flywire
R Losey wrote: > You need to make sure that your... stock is set up as an account type of > "Mutual Fund" or "Stock" No you don't, dividends can be entered into a dividend account like any other transaction. The main feature of a "Stock" account type is easier revaluation of a portfolio, ie

Re: [GNC] Entering Dividend Confusion

2023-01-21 Thread R Losey
You need to make sure that your mutual fund or stock is set up as an account type of "Mutual Fund" or "Stock" (right-click on the account, select "Edit" and find the Account Type in the lower left corner. I don't know if it matters, but I always have two-line entry (Preference->Register Defaults

Re: [GNC] Entering Dividend Confusion

2023-01-21 Thread xboxboy.mageia+GnuCash
Thanks: That changes the column names when I attempt to enter information by the looks, but I am going in circles here: Stuck in MYOB mode I suspect. I'm going to need my hand held I think. My income tree looks like this Income--->Dividends--->Specific Company Name Dividends->Franked

[GNC] Entering Dividend Confusion

2023-01-21 Thread flywire
The guide isn't really enough. Try these (checking the attachments) and follow the last thread: * Dividends - https://lists.gnucash.org/pipermail/gnucash-user/2021-August/097500.html * Trusts (eg ETFs) - https://lists.gnucash.org/pipermail/gnucash-user/2022-August/102563.html * Portfolio -

Re: [GNC] Entering Dividend Confusion

2023-01-21 Thread David T. via gnucash-user
Try using Transaction Journal view mode. Use separate income accounts for Taxed and Untaxed dividends. ⁣ David T.​ On Jan 21, 2023, 11:15, at 11:15, Gnucash Xboxboy Mageia wrote: >Hi all, > >I'm trying to enter dividends, I'm following this video >https://www.youtube.com/watch?v=WRNoabz1WSo

[GNC] Entering Dividend Confusion

2023-01-21 Thread Gnucash Xboxboy Mageia
Hi all, I'm trying to enter dividends, I'm following this video https://www.youtube.com/watch?v=WRNoabz1WSo but his page shows columns with shares/price/debt/credit, but mine has just buy/sell any ideas? How do I get those columns? I'm in Australia, so I wanted to enter dividend payments as 3