drp 1099
| HelpRegister |
drp 1099 In the drp statements we receive there is a commission which is noted as paid by the company. When I have recorded the dividend I have not added that to the amount listed for the dividend, but the 1099 seems to have it added in. Should I adjust the amount I have recorded? On Thu, Feb 2, 2012 at 2:45 PM, Anne Piehl wrote: In the drp statements we receive there is a commission which Hi Anne, Those are entered using the "Charges" button you'll find on the Accounting>Investments page. Just a reminder to you and anybody else who is in a DRIP program. If you want to keep your bivio record keeping as straightforward as possible, make sure you tell your DRIP program custodian to set First In First Out as your default cost basis method. Starting this year, many DRIP programs will be defaulting to average cost to report cost basis for sales of shares purchased in 2012 and later. bivio uses First In First Out when shares are sold. You'll save yourself some extra time at tax time by having your broker use the same method that is defaulted to in your bivio accounting. -- Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! www.facebook.com/bivio Follow us on twitter! www.twitter.com/bivio |
|
||||||