[GNC] Mutual Fund Dividend After Sale

[Jack Frillman]

You’re the one lashing out. Take a chill pill

——
I smell carrots a-cooking and where there’s carrots, there’s a rabbit.
— Yosemite Sam

> On Sep 7, 2022, at 12:51 AM, David T. <sunfish62 at yahoo.com> wrote:
> 
> Jack: 
> 
> DRIP="Dividend Re-Investment Plan"
> 
> It seems to me that you've decided, in your frustration, to lash out at the people who are trying to understand your problem and offer you help. That's not a good look. You've testily confirmed that you haven't received shares from this dividend, and dismissed the writers asking this reasonable question. Your lack of discussion regarding the technical reporting requirements for ROI ("Return On Investment") scenarios implies that this is not your concern.
> 
> It seems to me that you have yet really to explain your original problem clearly-- specifically, what exactly is showing up now that you've received additional money from the disposed asset? Is it a balance in the Chart of Accounts? Is it a balance in some report? *Where* is this transaction going to screw things up? 
> 
> Others have explained that receipt of cash (in a transaction from income into some brokerage cash account) would not affect any display of the commodity account. It's like some random relative sending you $50: you enter the income as coming from Income and going into your checking account. How would this dividend be different? 
> 
> David T.
> 
>> On September 7, 2022 5:43:16 AM GMT+03:00, David Carlson <david.carlson.417 at gmail.com> wrote:
>> You need to use nouns instead of pronouns
>> 
>>> On Tue, Sep 6, 2022, 8:44 PM Jack Frillman <jcf_m_lists at me.com> wrote:
>>> 
>>> 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?
>>>>>> gnucash-user mailing list
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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
>>> 
>>> 
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