> EH> 2. I receive a check for dividends for a stock holding. I then
> EH> deposits this check into my checking account. How to I enter this
> EH> deposit to give credit to the stock fund for the income?
> I'd also be interested in the answer to this question. At present, I just
> record a dividend received in the mutual fund account, and in the checking
> account indicate a deposit made. The two aren't joined, so I'm sure it's
> incorrect in terms of accounting procedures. Hope someone has the answer.
> Thanks for raising the question, Ed. Take care........Kim
Use the "Dividend and Transfer" for the Action column. The Dividend is
credited to the stock and the $$ transferred to the cash account.
Alternatively, use "Dividend" for the Action column and then use Xout
(Transfer Cash Out) to transfer the $$ from the mutual fund account to where
ever you actually placed the funds.
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* Origin: Splitting Atom *RiverVale NJ* 201-573-9262 *HST/V34+ (1:2604/2)
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