[GNC] Mutual Fund Dividend After Sale

[Jack Frillman]

What ever what that is.

On 9/6/22 7:38 PM, David Carlson wrote:
> Some DRIPS work that way
>
> On Tue, Sep 6, 2022, 6:17 PM Jack Frillman <jcf_m_lists at me.com> wrote:
>
>     Cash of course.
>     How can you reinvest in something you no longer have?
>
>     ——
>     I smell carrots a-cooking and where there’s carrots, there’s a
>     rabbit.
>     — Yosemite Sam
>
>>     On Sep 6, 2022, at 7:04 PM, David Carlson
>>     <david.carlson.417 at gmail.com> wrote:
>>
>>     
>>     Jack,
>>     John Ralls asked whether you received shares or cash.  It makes a
>>     difference.
>>
>>     On Tue, Sep 6, 2022 at 4:30 PM John Layman
>>     <john.layman at laymanandlayman.com> wrote:
>>
>>         I've had the same situation, but did add a zero-share split
>>         to the closed
>>         account.  One side was a deposit to the brokerage core
>>         account, the other to
>>         Income:Dividends:Tax-Advantaged.
>>
>>         -----Original Message-----
>>         From: gnucash-user
>>         <gnucash-user-bounces+john.layman=ieee.org at gnucash.org>
>>         On Behalf Of Jack Frillman via gnucash-user
>>         Sent: Monday, September 5, 2022 1:13 PM
>>         To: gnucash-user at gnucash.org
>>         Subject: Re: [GNC] Mutual Fund Dividend After Sale
>>
>>         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 don't under stand the last part.
>>
>>         On 9/5/22 12:59 PM, Adrien Monteleone wrote:
>>         > You deleted the account holding the fund after selling it?
>>         >
>>         > Otherwise, and unless you marked it 'hidden' it will always
>>         be there.
>>         > Having activity in it doesn't change that. But you wouldn't
>>         have
>>         > activity in it anyway from a dividend.
>>         >
>>         > What *exactly* do you mean by 'reappearing in my account
>>         list' and by
>>         > 'screwing everything else up'?
>>         >
>>         > 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.
>>         >
>>         > Regards,
>>         > Adrien
>>         >
>>         > On 9/5/22 11:41 AM, Jack Frillman via gnucash-user wrote:
>>         >> Last month I sold a mutual fund say XYZ.
>>         >> Several weeks after the sale closed and the calendar date
>>         went into
>>         >> the next quarter I received a dividend from XYZ.
>>         >> How do I enter that dividend transaction for XYZ without
>>         having it
>>         >> reappearing in my account list and screwing everything
>>         else up?
>>         >
>>         >
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>>         --
>>         Old Unix programmers never die, they just mv to /dev/null
>>         - Anonymous
>>
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>>
>>
>>     -- 
>>     David Carlson
>

-- 
Old Unix programmers never die, they just mv to /dev/null
- Anonymous