[Kmymoney-devel] longstanding issue with OFX import of dividend reinvestment from Merrill Lynch

[Jack]

Merrill Lynch creates three separate transactions for what could be a  
single "Dividend Reinvestment" both on their printed/PDF statement and  
in OFX imports (either file or direct connect.)  This requires manual  
intervention in order to actually create a reinvest transaction.  (I  
suppose I could live with separate dividend and buy transactions, but  
it doesn't work that way.)

I finally did some digging into both the OFX specification and the  
file.  Bottom line is that on importing the OFX to the investment  
account, <INCOME> (of type DIV) gets imported as a dividend.   
<TRANSFER> which represents the actual buy, does not get imported.   
<INVBANKTRAN> which seems to represent the debit to cash of the  
dividend, gets imported as a withdrawal from the brokerage account to  
the payee "Reinvestment," which is the <NAME> in the OFX.

Is there anything to reasonably be discussed here, or should I take  
this to the libofx list to see how they interpret the various sections  
of the OFX import?

Thanks for any suggestions (other than switching brokers, which I'm  
seriously considering, except I'm sure any other one will have it's own  
quirks.

Jack