[GNC] How-to question: CD Interest payments deposited in

Adrien Monteleone adrien.monteleone at lusfiber.net
Tue Feb 19 16:02:02 EST 2019


I think the below paragraph more accurately describes how to handle what I was referring to as ‘undeposited funds’ and likely better fits this particular model rather than trying to shoe-horn into some generic structure.

> On Feb 19, 2019, at 5:23 AM, David Cousens <davidcousens at bigpond.com> wrote:
> 
> 
> Accrued dividends where the dividend has been declared by the company, but
> not yet paid, you could treat by crediting an asset:investment:declared
> dividends account  and debiting an appropriate income dividend account when
> it is declared. When it is paid you would then credit the
> asset:investment:declared dividends account and debit the appropriate
> asset:investment:brokerage or asset :bank account depending on how it was
> paid. I.e you treat it in a manner similar to an account receivable.
> 
> David Cousens
> 




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