Reinvest Dividends: transaction vs report
Newbie to the community here. Using QMac 5.17.6. As others have said, Reinvest Dividend implies two transactions, a dividend payment and a buy. My problem arises in trying to generate a report. For reports, you have to choose categories, but the Investment category, which is used internally by Quicken and cannot be changed, does not include the subcategory Reinvest Dividend (though it does include Reinvest Cap Gains). When I generate an investment report, Quicken does what it can: it lumps in all Reinvest Dividends with plain Dividends, inflating my Dividend total. That would be fine if there were also a "Buy" listing for the second implied transaction, but there is not. So when I feed the investment report numbers into a separate spreadsheet for further analysis, things like ROI obviously come out wrong. I now know why my ROI calculations have disagreed with Quicken's for all these years! I understand there's a workaround for QWin (setting preferences to display hidden transactions), but what about QMac?
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