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Re: Australian franking distribution

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Posted by Bruce Lancashire on August 09, 2000 at 19:41:24:

In Reply to: Re: Australian franking distribution posted by John Mott on May 12, 2000 at 02:01:29:

: : : All:

: : : Anyone know how to record their Australian "tax-paid" distribution for an particular stock.

: : : Hui

: : : P.S. I am trying to use "American" terms....

: : Hi Hui,

: I just record the percentage franked or the franked amount in the memo field when entering dividend distributions.

: John

Another way is to enter the amount of the franking credit as a separate distribution e.g. use the field LT Cap Gain as a 'surrogate'. That way you can actually produce an end of year report with all franking credits received.

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