Here’s how I handle this: During the year, these are mostly recorded as Income:Dividends. Occasionally they are explicitly listed as Assets:Return of Capital. When dividends are reclassified, I reduce Income:Dividends and increase Assets:ROC. Since the only time the ROC comes into play is upon sale of the stock, I just reduce outstanding ROC by the percentage of shares sold and add that amount as a Capital Gain for the transaction.
Example for Company A: Dividend increases cash asset Dividend payment Cash: 50 Dividend:A. 50 Reclassification to ROC of 50% of Dividends converts that to an Unrealized Capital Gain Dividend:A. 25 A:ROC 25 So now, net dividend from A is 25 and I have an unrealized asset of 25 Assuming I have 200 shares of A and I sell 100 shares The sale produces a Realized Gain transaction for the lot which doesn’t capture the ROC, I add a transaction that takes 50% of the ROC and credits it as a Gain. Recapture of ROC A:ROC. 12.50 RealizedGain. 12.5 Leaving the remaining A:ROC to be applied when the other shares are sold. For different lots acquired at different times, I prorate the ROC over lots, so I have accounts like A:ROC:Lot 0 A.ROC:Lot 1 A.ROC:Lot 2 etc. --Alton Brantley _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
