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Reinvest Interest transaction

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azuca
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Reinvest Interest transaction

Sun Dec 04, 2016 9:05 pm
Hi,

I have just finished importing several years of Quicken data into kmymoney. My thanks to the developers for this impressive Quicken Killer. Great job!

As reported in bug #343256, I noticed that investment transactions of type "ReinvInt" in the QIF file were ignored and I had to import them separately from a CSV file. The investment income type (Dividend vs Interest) is treated differently for tax purposes where I live so I need to track this in the transaction. I downloaded the kmymoney source code and the fix to support "ReinvInt" looks straightforward but I have a couple of questions about the "Reinvest Dividend" activity.

The "Reinvest Dividend" activity has a category selection drop down labeled "Interest" and I find the terminology in this dialog confusing. To my understanding, a security generates income of various types. The income type is important because it often has a tax impact for the investor. As dividends and interest are two different income types, this dialogue would make more sense to me if the activity was labeled "Reinvest income" and the category drop down was labeled "Income Type" rather than "Interest". Am I missing something? What was the intent of the "Interest" category?

Thanks in advance
zebulon
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Re: Reinvest Interest transaction

Wed Dec 14, 2016 1:35 am
Hi. I have not tried this myself, but have you thought of creating a Reinvest Dividend transaction and exporting the account in CSV, just to see what it's generating?
Concerning the Interest category, I have created a special income category "Investment income: Reinvested Dividend" which I use for this.


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