Reckon PP+ Reinvest function fails to debit share purchase price


 If the return is a distribution from a Fund/Trust, Reckon PP+ shows the price for the purchase of the new fund units as a negative cash amount in the account, instead of recognizing the distribution.

If I change the distribution to an unfranked dividend, the program does recognize the return and correctly attributes the purchase from this balance. However, this then incorrectly designates this transaction as an unfranked dividend when it is really a distribution from an ETF, skewing annual reports used for taxation.

Is there a fix for this problem?


  • Wayne_10864576
    Wayne_10864576 Member Posts: 9

    P.S. I neglected to mention that I'm using Reckon Accounts Personal Plus 2021.