"Overlapping" operations Dividend reinvestment & stock split

D Bunker

What is the best way to enter 2 operations with "conflicting" record dates?
Example: Dividend reinvestment on 5/1/90, followed by a stock split on 5/2/90. The split record date precedes 5/1/90. So I can't split the shares I don't "have" for that operation. How can I make Quicken understand that the new shares from the div reinv cannot be split?
One option appears to be move the dividend reinvestment to 5/3/90 and then the only issues would be the "incorrect" transaction date for the div reinv shares and the dividend rate per share.
Is there a better way?

NotACPA

What company, so that we can research ourselves?

D Bunker

US West

NotACPA

I'm confused.  You're worried about a stock div date for a company that hasn't existed for over 18 years???

I've got better things to do here.

D Bunker

I am calculating the current cost basis for AT&T and US West is part of that calculation.
The question can be considered more generally, what to do when there is a "conflict" between 2 operations and record dates.

q_lurker

I would not hesitate to re-date such transactions.  Move the stock split back or the ReinvDiv forward.  Either one should work. 

Option 2) with the split recorded after the ReinvDiv == Change the div shares accordingly.  i.e., you reinvested and got 1 share, the next day it became 2 shares or 1.5 or whatever split applies.