How to enter dividends?

[Derek Atkins]

That's fine.  You could add something to the affect of:

If you need to track dividends on a per-stock basis, you would need to
create an Income:Dividends:<Stock> account for each stock you own that
pays dividends.

-derek

Jon Lapham <lapham at extracta.com.br> writes:

> Derek Atkins wrote:
> > xfer from Income:Divideds -> stock/mutual-fund account
> 
> Derek-
> 
> Can you give this user guide section a quick read-through, I just
> added it to the Investments chapter.
> 
> -Jon
> 
> 7.6. Dividends
> Some companies or mutual funds pay periodic dividends to
> shareholders. Dividends are typically given in one of two ways, either
> they are automatically reinvested into the commodity or they are given
> as cash. Mutual funds are often setup to automatically reinvest the
> dividend, while common stock dividends usually pay cash.
> 
> If you receive the dividend in the form of an automatic reinvestment,
> the transaction to account for this should be handled within the stock
> or mutual fund account as income from "Income::Dividend" for the
> appropriate number of reinvested shares.
> 
> If the dividend is presented as cash, you should record the
> transaction directly in the bank account that received the money, as
> income from "Income::Dividends" with a note mentioning from which
> commodity it was derived. There is no simple way to show this
> transaction from within the stock or mutual fund account itself.
> 
> -- 
> -**-*-*---*-*---*-*---*-----*-*-----*---*-*---*-----*-----*-*-----*---
>   Jon Lapham  <lapham at extracta.com.br>          Rio de Janeiro, Brasil
>   Work: Extracta Moléculas Naturais SA     http://www.extracta.com.br/
>   Web: http://www.jandr.org/
> ***-*--*----*-------*------------*--------------------*---------------
> 
> 

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available