[GNC] Financial Account Structure for Australian Shares and ETFs

[flywire]

Thanks Chris, that helps me understand it a bit more but a little
differently. I see Franking Credits as Income. Maybe someone with a formal
accountancy background has an opinion.

So, Income account has Franked, Unfranked (from Bank) and Franking Credit
(from Asset). I'm not sure how taxes should be accounted for but I have an
Expense:Tax:Personal account and normally get a refund which I put through
as a credit. I can see that should clear the [Asset] Franking Credit
account.

Let's see if the screenshot below comes through with a dividend for 100 MQG
shares:

[image: image.png]

btw, Google search isn't returning anything for Franking over the last
year:
https://www.google.ca/search?q=site:lists.gnucash.org/pipermail/gnucash-user+franking&source=lnt&tbs=qdr:y&bih=1003

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