Re: recording dividend paid out of portfolio to shareholder

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Posted by Mark on November 10, 2006 at 10:24:54:

In Reply to: Re: recording dividend paid out of portfolio to shareholder posted by scubas on November 09, 2006 at 19:37:52:

: Mark,

: the situation is this. the portfolio has made profit & i want to return some back to shareholders in form of cash. what is the best way to record this? would you consider this a dividend? thanks.

Hi Scubas,

To give money back to the shareholders you must be reducing cash in the portfolio? If so, this is just a sell in the cash account.

Thanks,
Mark
--
Fund Manager - Portfolio Management Software

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