newbie how-to-best-do-it ?

[Robert Graham Merkel]

Bill Gribble writes:
 > On Tue, Sep 05, 2000 at 11:46:32PM +1100, Robert Graham Merkel wrote:
 > > Frank P. Miles writes:s
 > >  > 	c) set up an "income" account on higher level
 > >  > 		Problem: Gnucash can't readily associate the income 
 > >  > 		with its source.  It still gets counted as cost.
 > >  > Similar things occur, AFAICT, with bank accounts and such.
 > > 
 > > You're absolutely right - we need the ability to associate dividends
 > > (which directly affect only an income and a bank account) with the
 > > stock that generates them.
 > 
 > I must have deleted the first bit of this thread, sorry.  
 > 
 > What's the problem with the way the QIF code does this automatically?
 > Each stock you hold has a separate income account for dividends, 
 > also separated by the brokerage: 
 > 
 > Dean Witter:IBM Common             <---- the STOCK account
 > Dividends:Dean Witter:IBM Common   <---- income account for dividends
 > 
 > This isn't as pretty as it could be, but it correctly keeps the
 > information separate.  RSN each account will also have some
 > meta-information that will allow you to "group" all the IBM-related
 > accounts together, but the way described above doesn't get you any
 > wrong answers.  Does it?

Makes sense to me, Bill.

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Robert Merkel	                           rgmerk@mira.net

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