I'm going to repeat, probably, what's already been discussed. I understand
why GnuCash creates the Imbalance account (among a few others, like Orphan
and Equity:Opening Balance). I have no problem with that, and in practice
those accounts have been useful - especially in catching errors.
I use GC
Dividend reinvestment is a purchase of shares. The dividend amount is income
at least as far as the tax man is usually concerned. As a practical matter,
using a broker's dividend reinvestment program, in my personal (cash, not
accrual) books, I ignore all the monkey motion (the broker reveals how a
I'd also note that having a bank account within a brokerage account is
common. Most brokerages have the ability to "sweep" cash balances into and
out of a linked bank account. That account is part of your total investment
balance. If you don't have a sweep account, then you'd need an account for
ca