How to deal with iag special dividend and capital return payment?
Options
B Chappell
Member Posts: 2 ✭
0
Comments
-
I would have three separate transactions on two dates.
On the first day, I would record the 5.5 cent fully franked dividend,
AND the 19.5 cent capital return, to reduce the cost base.
In the second day, I would enter the share reduction - so as not to confuse the number of shares on which the dividend and capital return is calculated.0 -
I did similar but used the stock split function for the share reduction bit.
0 -
I was less than clear - I too would use the stock split for the share reduction, as this provides the best process.0
Categories
- All Categories
- 6.4K Accounts Hosted
- 10 📢 Reckon Accounts Hosted - Announcements
- 5.9K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.3K Reckon Payroll 🚀
- 21 📢 Reckon Payroll - Announcements
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 3K Reckon One
- 7 📢 Reckon One - Announcements
- 10 Reckon Invoices App
- 14 Reckon Insights
- 107 Reckon API
- 822 Payroll Premier
- 307 Point of Sale
- 1.9K Personal Plus and Home & Business
- 63 About Reckon Community