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Reinvesting shares

Posted: 04 January 2018, 15:29
by paulrw
Hi Cyril,

Happy new year!

I have a bond fund which reinvests income in new shares on a monthly basis. This shows up in statements as "Income Reinvest", and in its .qif file as ReInvDiv. I'd like to be able to use the .qif import, but iCompta wants to know what to associate ReInvDiv with. Since it implies both income and buying of shares, I'm not sure what to do.

Paul

Re: Reinvesting shares

Posted: 04 January 2018, 15:41
by Angeman
In fact in iCompta this should be treated with 2 transactions, a credit for the income and a debit to buy the new shares. But for the import you can tell it to use "Buy", I think it's the best choice.

Re: Reinvesting shares

Posted: 04 January 2018, 15:44
by paulrw
Ok, so I should then manually add a credit transaction for each reinvestment?

Re: Reinvesting shares

Posted: 04 January 2018, 21:12
by Angeman
Yes, I think so.

Re: Reinvesting shares

Posted: 04 January 2018, 21:37
by paulrw
Ok, thanks.