Trouble with stocks from DRIP accounts

[David Anderson]

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.
> 
> -derek
> 
> 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 company. 
> > 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 a
> > $).  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
> >
> > _______________________________________________
> > gnucash-user mailing list
> > gnucash-user at gnucash.org
> > https://lists.gnucash.org/mailman/listinfo/gnucash-user
> >
> >