Hi all,
got myself another messy one. A stock was bought out, and part of that
deal was it was broken into two companies just before.
Rather than issue/reduce shares held, it's been done on a value basis.
Here's the basics:
Company FGL split into Company FGL and Company TWS, cost basis of F
Thanks: That changes the column names when I attempt to enter
information by the looks, but I am going in circles here: Stuck in MYOB
mode I suspect.
I'm going to need my hand held I think.
My income tree looks like this
Income--->Dividends--->Specific Company Name Dividends->Franked
Div
On 22/1/23 08:25, David Cousens wrote:
TIA
For a franked dividend where the net dividend amount is $x and the
franking
credit is $y, the transaction recording it will be generally of the form
Asset:Bank account Dr $x
Asset:Franking Credits Dr $y
Income:Acme:Dividends Cr $x+$y
Thanks: Now w
on to 'lock' an account so it can no longer be edited
accidentally?
Thank you everyone, I really, really appreciate your patience and help.
On 22/1/23 18:57, Maf. King wrote:
On Sunday, 22 January 2023 04:50:47 GMT xboxboy.mageia+GnuCash wrote:
Thanks: Now which page/account/le
I went through something similar only a while back:
There are way smarter, and experienced people than me here, so wait for
them, but in the mean time I would:
Make sure the account for the shares, in under equity, and classified as
a stock account, not a currency.
Open that account: Just s
I just wish to thank everyone for their help again.
I've successfully entered 35+ years!! of dividends, franking credits,
left over credits, and dividend re-investments, name changes, and
takeovers for one of my long term stocks.
It all balances perfectly (couple hiccups along the way, but I
Hi guys,
My issue is this: I'll provide an example: Note, I'm in Australia, so we
have franked (taxed) dividends that we claim a tax break on.
Total dividend $12; made up of
Franked dividend $10
Imput credit (tax credit) $2
(So in this example $2 is paid to the tax office by the company, an
Does this answer your question?
Best regards,
—Jim DeLaHunt, Vancouver, Canada
On 2023-06-07 08:01, xboxboy.mageia+GnuCash wrote:
Hi guys,
My issue is this: I'll provide an example: Note, I'm in Australia, so
we have franked (taxed) dividends that we claim a tax break on.
Tota
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 m
