Oh, I like that a lot, that's much more elegant than what I was experimenting with. Somehow it didn't occur to me that a zero-value split would still show up in the register...even though I've seen that happen when I've included one by accident.
Thank you! -Peter On Thu, Aug 20, 2020 at 3:40 AM Geoff <cleanoutmys...@gmail.com> wrote: > Peter, this is the way that I do it, and it doesn't require double entry > of the transactions. > > Simply "tag" all dividend payments when they arrive in the bank account > with the relevant stock account - you do this by entering a third (zero > value) split. > > The dividend will then automatically show up in the stock's register. > > The "Advanced Portfolio" report will also automatically include the > dividend income as part of its return calculations. > > Hope this helps - please see the attached screenshot. > > Regards > > Geoff > ===== > P.S. This is mentioned in Chapter 9.8: > https://code.gnucash.org/docs/C/gnucash-guide/invest-dividends1.html > > On 20/08/2020 2:01 pm, peterb wrote: > > Let's say I have a security - could be a stock, or a bond - which > > periodically yields some dividend or interest. Often it's convenient to > be > > able to see those dividends in a single register. > > > > The vanilla way to account for dividends or interest doesn't quite make > > this easy: the obvious way to do it will appear in your brokerage > register, > > but not in the register for the stock. And that makes perfect sense - > the > > money isn't going in to your stock account! > > > > Description Account Debit Credit > > Dividend BIGCO Assets:Brokerage 50 > > Income:Dividend 50 > > > > If you're disciplined about your descriptions you can of course search > for > > these, but it feels potentially error prone when looking for them. > > > > I'm on record as not liking the way GnuCash handles realized income/loss > > from sales in stock accounts (putting "zero share" dollar values in the > > share-denominated register instead of explicitly treating stock sales as > > return-of-capital plus gain/loss) but it occurs to me that you can do > > something similar for dividends and interest: > > > > Description Account Debit Credit > > Dividend BIGCO Assets:Brokerage:BIGCO 50 > > Assets:Brokerage 50 > > Income:Dividend 50 > > Assets:Brokerage:BIGCO 50 > > > > The idea here being: the income flows into the BIGCO-denominated account, > > but immediately flows out again into the cash-denominated account; if one > > looks at the BIGCO register, all of the dividend events will be clearly > > visible. > > > > Does anyone have either a more elegant way of accomplishing the goal of > > "all cash flows from a stock are visible on the stock's register", or a > > good reason *not* to do what I'm giving an example of here? > > (Alternatively, if this is in fact what everyone does as described in > > chapter 7853.633 of the user guide, and I just missed it, please let me > > know!) > > > > Thanks! > > > > -Peter > > _______________________________________________ > > gnucash-user mailing list > > gnucash-user@gnucash.org > > To update your subscription preferences or to unsubscribe: > > https://lists.gnucash.org/mailman/listinfo/gnucash-user > > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > > ----- > > Please remember to CC this list on all your replies. > > You can do this by using Reply-To-List or Reply-All. > > > _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
