[Kmymoney-devel] New problem entering investment transaction

[Jack]

On 2012.04.20 15:16, Allan wrote:
> On 20/04/12 19:02, Jack wrote:
>> I have a dividend reinvestment transaction which I cannot find a way  
>> to enter. My broker (Merrill Lynch) includes a partial share  
>> purchase in the value of the transaction, but only indicates the  
>> whole number of shares purchased. I normally use a category of  
>> "partial share purchase" to account for the difference between the  
>> cost of the whole shares purchased and the full amount of the  
>> dividend. I just use "add shares" when the partials are enough for  
>> them to credit me with another whole share. However, today I have a  
>> dividend which is only enough for a partial share. The "reinvest  
>> dividend" transaction will not allow 0 shares. The "dividend"  
>> transaction will not allow 0 as the total value ($.54 for dividend  
>> and -.$54 for partial share purchase). I want to record the  
>> dividend, but there is no change in number of owned shares or in the  
>> balance of the brokerage account. Is there any way to do this? I  
>> don't really think there is any bug, and I'm not sure whether it  
>> makes sense to file an enhancement request to allow purchase of 0  
>> shares or dividend of 0. Is there any way I can do this, or do I  
>> have to fudge the numbers, adding a whole share and then removing  
>> it? Thanks for any suggestions.
> 
> It's possible I'm not understanding fully, but it sounds like today  
> you've received a dividend.  Can't it just be recorded as such, and  
> transfered into the brokerage account.  Similarly for following  
> partial payments.  Then, when Merrill do cough up the share, buy it  
> using the funds in the brokerage acount.
> 
That would be the logical thing to do - but it would not reflect my  
account, as the brokerage account is NOT increased by the amount of the  
dividend.  (It would work, but reconciliation would likely always be  
off by a small amount of "pending" reinvestment amounts.  I suspect the  
"right" way to do this is just to make the reinvestment purchase of the  
partial share, and as long as my count of shares is within 1 of theirs,  
count it accurate.  Another option would be to create a separate  
"shadow" brokerage account with just those odd amounts.   Again - this  
is really due to the way Merrill Lynch handles this.  This is also the  
case where each such reinvestment is sent to me as three separate  
transactions - one for the dividend, on for the reinvestment (with no  
details except the total amount), and a third with all the details  
(price, number of shares, ...)