Trouble with stocks from DRIP accounts
vze52cpn at incoming.verizon.net
vze52cpn at mail.verizon.net
Wed Apr 28 14:47:10 EDT 2004
Locale should be whatever the default is - US/English. Currency should
also be US. The actual stock account is set to the NYSE stock symbol. I
hope that answers your question. I'm not at the actual computer right now
to take a closer look.
Also, I took a few screen shots so you can see the actual problem.
http://mysite.verizon.net/vze4phzq/images/drip1.jpg - Before stock purchase.
http://mysite.verizon.net/vze4phzq/images/drip2.jpg - After stock purchase.
I enter the transaction in the actual WTR stock account. The source of
funds comes from Investments:D.R.I.P.S:Aqua America.
Thanks for your time.
From: Derek Atkins warlord at MIT.EDU
Date: Wed, 28 Apr 2004 09:36:14 -0400
To: dw.anderson at verizon.net, gnucash-user at lists.gnucash.org
Subject: Re: Trouble with stocks from DRIP accounts
Ok... Next set of questions:
What is your locale ($LANG)?
What is the currency of the DRIP account?
Which account did you use to enter the actual stock transfer?
David Anderson <dw.anderson at verizon.net> writes:
> In the account tree.
> On Tue, 2004-04-27 at 21:36, Derek Atkins wrote:
>> I don't understand.. What do you mean by "it loses it value"? Where
>> does it "lose its value"? In the account tree? in the register? In
>> some report?
>> FWIW, your accounting process is correct.
>> David Anderson <dw.anderson at verizon.net> writes:
>> > Hey guys.
>> > I'm running GNUCash 1.8.7. I'm trying to get some of my DRIP accounts
>> > setup in here and I'm having some trouble. Let me just give one
>> > example.
>> > I have DRIPs (Divident Reinvestment Program) with a few companies. At
>> > the beginning of every month, $60.00 is transferred out of one of my
>> > saving accounts and into a 'holding account' at the particular
>> > At a set date they purchase the shares for me.
>> > I transfer $60.00 out of savings and into Investments:D.R.I.P.S.:Aqua
>> > America (Asset). I consider that a holding account. When I get my
>> > statement each month, I enter the stock purchase, which would be into
>> > Investments:D.R.I.P.S.:Aqua America:WTR (Stock). When I do this, the
>> > top-level of investments loses its dollar amount (just shows a $ with
>> > nothing else). The Aqua America account loses its value as well (just
>> > $). WTR underneat Aqua America does show the proper number of shares.
>> > I just don't understand what is happeneing.
>> > To give a few more details. Investments is setup as an Asset.
>> > D.R.I.P.S. is setup as an Asset. Aqua America is setup as an Asset.
>> > WTR is setup as Stock.
>> > Any thoughts? Thanks.
>> > -Dave Anderson
>> > _______________________________________________
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>> > gnucash-user at gnucash.org
>> > https://lists.gnucash.org/mailman/listinfo/gnucash-user
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
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