[GNC] Rounded Up/Down Share Purchase with Dividend

[xboxboy.mageia+GnuCash]

Thanks to those who replied.

Firstly, no: There is no holding account the reminder is allocated to 
for next dividend: All my other companies do that, but this one is unique.

I've been thinking: the franked dividend is the 'cost' of the new 
share(s) regardless of their unit cost.

What lead me to this conclusion, was in the case where my franked 
dividend would 'purchase' 1.6 shares, then it is rounded up to 2 full 
shares: So then I would be facing the situation where I had money 
'appear' if I worked on the unit cost of 2 shares: but the real cost is 
the franked dividend: So I'm going to run with the 'unit' cost not being 
important, but the franked dividend amount being the 'cost' of the new 
share issue.

Thanks all.

On 8/6/23 12:40, edodd at billiau.net wrote:
> On Wed, 7 Jun 2023 17:00:34 +0000 (UTC)
> mjchurchil--- via gnucash-user <gnucash-user at gnucash.org> wrote:
>
>>   I guess I'm not clear on what is happening.  Do you end up with 1 or
>> 1.25 shares in your brokerage account? Mike
> well I have a credit left in an account associated with the share
> holding at the company
> so I start with $XX.yy in that account,
> a dividend is paid into that account,
> then an integral number of shares are purchased from that account,
> and there is again a remainder which now is $AA.bb
>
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