Advanced Portfolio Report

[Mike Alexander]

--On January 27, 2014 9:45:21 PM -0600 Alun Champion 
<alun at achampion.net> wrote:

> I assume the £2.48 would be the remainder of the dividend, when a
> whole number of shares are purchased at the market price.
> My experience of these has been as 2 separate transactions sometimes
> separated by a number of days. So surprised to see them recorded as a
> single transaction. I think it was originally mentioned it was a way
> to get the income into the advanced portfolio report. The alternative
> would have been to keep them as 2 separate transactions and add any
> empty split to Stock Account on the dividend (Income -> Cash)
> transaction, which is my preferred method.

OK, that makes some sense.  The main thing that confused me is the fact 
that there are two cash splits.  When I worked out the arithmetic 
earlier it didn't come out right, but I must have made a mistake. 
Dividend reinvestment is also handled differently here in the US. 
There is never anything left over, instead you buy a fractional share. 
I'll add this to my test data.

The cash splits aren't necessary to get the income into the report.  I 
think you're thinking of the case in which the dividend is not 
reinvested.  In that case, in addition to the splits that handle the 
dividend, you need a zero valued split into the stock account to 
associate the dividend with the stock.  This is not ideal, but it's the 
way it works now.

         Mike