Accounting for Stocks.

[Doug Laidlaw]

I am in Australia.  I can transfer the U.S. concepts easily enough except for 
the NASDAQ template:  Should I use just the unnamed template?  What is it?

Here, dividends are "franked".  The company pays income tax at the company 
rate, and the taxpayer gets a "franking credit" for the tax paid.  Quicken 
has its own way of dealing wiith this.  It seems to me that I should treat it 
exactly like wages with tax instalments deducted - a split transaction 
posting the entire dividend to Dividends, less the franking credit, which is 
posted to Franking Credits, leaving the net dividend..  Is this right?

Doug.
-- 
We make a living by what we get, but we make a life by what we give.
  - Winston Churchill