[GNC] Mutual Fund Dividend After Sale

[Jack Frillman]

On 9/6/22 1:58 PM, john wrote:
>
>
>> On Sep 6, 2022, at 5:56 AM, Jack Frillman <jcf_m_lists at me.com> wrote:
>>
>>
>>
>> On 9/5/22 11:53 PM, john wrote:
>>>
>>>
>>>> On Sep 5, 2022, at 4:05 PM, Jack Frillman via gnucash-user 
>>>> <gnucash-user at gnucash.org> wrote:
>>>>
>>>>
>>>>
>>>> On 9/5/22 3:09 PM, John Ralls wrote:
>>>>>> On Sep 5, 2022, at 10:32 AM, Adrien Monteleone 
>>>>>> <adrien.monteleone at lusfiber.net> wrote:
>>>>>>
>>>>>> On 9/5/22 12:13 PM, Jack Frillman via gnucash-user wrote:
>>>>>>> No I didn't delete the account?
>>>>>>> Why would I do silly thing like that and lose all that history?
>>>>>>> The account is hidden because it's balance is 0.
>>>>>>> Reappearing means exactly what it says.
>>>>>>> I was no longer in the account tree, i.e. list, because after 
>>>>>>> the sale it's balance became 0. No matter how I record that late 
>>>>>>> dividend the balance becomes non 0 and the account reappears in 
>>>>>>> the account tree or list.
>>>>>> I didn't think you deleted it, but wasn't sure what was going on.
>>>>>>
>>>>>> I can set an account with a non-zero balance to 'hidden' and it 
>>>>>> stays that way, even with subsequent activity. I can set it to 
>>>>>> hidden with a zero balance, add another transaction to make it 
>>>>>> non-zero, and it stays hidden. I'm not sure why your account is 
>>>>>> showing up.
>>>>>>
>>>>>> Did you by chance set a View filter on your Accounts tab that 
>>>>>> would affect this?
>>>>>>> I don't under stand the last part.
>>>>>>>
>>>>>>>> A Dividend receipt would normally be between some asset account 
>>>>>>>> ('bank' or a brokerage cash account if direct deposit, 
>>>>>>>> 'undeposited funds' if by paper check) according to how you 
>>>>>>>> received the money, and an Income/Revenue account, say 
>>>>>>>> 'Dividends Received'. The FundXYZ account shouldn't be touched 
>>>>>>>> at all.
>>>>>> As it states, 'normally' a dividend transaction doesn't involve 
>>>>>> the fund/stock at all. It is a separate transaction between asset 
>>>>>> & income accounts. Though David just informed me that there may 
>>>>>> be times you might record it there, which I had not thought of.
>>>>> In both cases you record an empty split to the stock account. That 
>>>>> doesn't change the account's balance and therefore won't unhide it 
>>>>> from the Accounts page.
>>>>>
>>>> And how do I do that?
>>>
>>> See 
>>> https://www.gnucash.org/docs/v4/C/gnucash-guide/invest-dividends1.html#invest-dividendcash.
>>>
>>> Did you have dividend reinvestments turned on? Were you posting 
>>> dividends the way that the next section, Dividends Reinvested, 
>>> recommends? Was that last post-sale dividend reinvested so that you 
>>> had to do a second sale?
>> Not sure what you mean by "turned on" but the previous dividends were 
>> reinvested and were entered manually.
>
> Dividend reinvestment is optional with most open-ended mutual funds, 
> so "turned on" means that you have accepted the option.
>
> You didn't answer the last, most important, question: Was the last 
> dividend, the one that's the subject of your original question, 
> reinvested so that you had shares in the fund again and had to sell 
> them to re-close the position?

It's an earlier post.
The stock issues it's dividends at the end of each quarter. The stock 
was sold before the end of the quarter and the dividend was issued once 
the new quarter was entered.
>
> Regards,
> John Ralls
>
>

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