|
Posted by John Pollard on June 4, 2006, 5:03 pm
Please log in for more thread options
> This is the first time this has happened and I do not know how
> to enter the transaction into Quicken 2005. I have a dividend
> from a stock that I sold during the month so the dividend is
> reinvested in a different stock. I have always done the reinv
> div for the same stock.
You have two transactions: a dividend from the stock you sold,
which will increase the cash in your investment account; and a
buy of shares of the new stock for the same amount as the
dividend, which will reduce the cash in your investment account.
Net effect on cash = zero.
|